Saturday, 27 June 2020

Ruchi Foodline and Ruchi Soya



Ruchi Foodline: It was the year 1976, with a mere investment and determination, a small enterprise by the name of Om Oil & Flour Mills was started in a rented premise in Industrial Estate, Cuttack.
Started with the manufacturing of pure turmeric powder, and with the long journey of 44 years, the company has culminated into a full-grown tree spreading the aroma of its variety of Spices to different parts of the globe. Apart from spices, today RUCHI is the leading manufacturer and exporter of Pasta, Noodles, Ready-to-Eat and other food products.

This is not listed in any of stock exchange.
Ruchi Foodline Website

Products: Spices, Pasta & Vermicelli, FROZIT
Ruchi Foodline few of the Products
Ruchi Soya: Ruchi Soya is one of the largest manufacturers of edible oil in India. They have been acquired by Patanjali Ayurved in 2019. Ruchi Soya has been ranked at 175 in the top 250 consumer products companies, in the "Global Powers of the Consumer Products Industry 2012", according to a report published by Deloitte Touche Tohmatsu (Deloitte)
Ruchi Soya Website


Here are Wikipedia page details saying.
Ruchi Soya Wikipedia page
Ruchi Soya Industries Ltd is listed on NSE and BSE, and after Patanjali Ayurved took over Ruchi Soya, share prices are rising.
Ruchi Soya Stock price in June End Week 2020

Products: Mahakosh Soyabean oil, Ruchi Gold Palmolein and Sunrich sunflower oil, Nutrela, Nutrigold and Ruchi No. 1 vanaspati



Ruchi Soya Products

Friday, 26 June 2020

How to start trading in stock market with zero knowledge?



You don’t need lot of money to learn trading, let’s start with Rs. 100, Rs. 500 or Rs. 1000
Let’s begin steps for trading.
Step 1: Create Demat Account and Trading Account, no need to go to any bank for this, bank will charge more, use any of discount broker, these are few discount brokers
  • Zerodha.
  • Angel Broking.
  • 5Paisa.
  • Upstox.


There are many other discount brokers you can take any, they charge very less and can be trusted, they are regulated by SEBI rules, so no need to worry about your money.\
Account opening process may take 2 to 3 days. They will ask for Aadhar Card, Bank Details and Pan Card.
Step 2: Now you have your Trading Account ready, login to the application.
Add Fund to your account, use UPI payment, net banking might be chargeable in few brokers.
Step 3: Learning
Once you are loaded with money in your demat account, and ready to trade. Before that let’s learn how to understand stock price before you buy.
https://www.moneycontrol.com/ you will get all the information on this site, but this site could be confusing for the first time.
Google is the best place just type “COMPANY NAME stock price” and you will have graph for the day, for 5 days, 1 month and so on. You can see if it rising or going down.
Example:
I have used Tata Motors stock price here.
Current Price: Rs. 102.00 for 1 share.
In this picture share price has gone down from yesterday by Rs. 1.80 i.e. 1.73%.
Market keeps on changing, sometimes it is going up and sometime down, to understand this you need to learn about the company you want to invest in, you need to know the fundamentals of that company.
But these things take time to learn. At least a month to start understanding things and to learn it will be taking up to 6 months.



Step 4: Trading
There are many types of trading and basic two ways of trading are,

Intraday: Buy and sell in same day.

Delivery: Buy and sell another day, it could be tomorrow, or 6 month later or 5 years later as you wish.

Now if you starting to do trading start with delivery, my advice is to do intraday after doing 1 year of trading.
Watch YouTube tutorials, read more about company’s fundamentals before buying shares. Find out if it is correct time to buy.
For simple, look at the 5 years graph of stock price, look at the growth of price, if it is rising or going down in years. Watch some news on CNBC awaz or zee business they will be telling important things in news.
Once you decide you buy shares, now when you are buying keep in mind you do not buy just one company share, keep it distributed over different sectors of industries like Banking, IT, Automobile, Healthcare. So that when any industry is not doing bad you won’t be impacted much and your other shares will have growth. This might happen on someday all that shares are going down. But have wait for somedays or weeks for market to recover. If companies’ fundamentals are strong, they will not shut down the company and runaway. It will show growth after sometime.

Why Wikipedia calls OpIndia an Indian right-wing news portal?


I was reading news online and saw this new “SC Stays Multiple FIRs Filed By Mamata Banerjee Led Bengal Government Against OpIndia”.

https://swarajyamag.com/insta/sc-stays-multiple-firs-filed-by-mamata-banerjee-led-bengal-government-against-opindia


And when I search for OpIndia and found a Wikipedia page for OpIndia it says as below,


“OpIndia is an Indian right-wing news portal founded in 2014 by Rahul Raj and Kumar Kamal, which also claims to be a fact-checking website. OpIndia has published fake news on multiple occasions. In 2019, the International Fact-Checking Network (IFCN) rejected OpIndia's application for accreditation as a fact checker”



OpIndia New Portal



Wikipedia says it as Indian right-wing news portal, but saying a news portals ideology is a subjective thing, how can anyone decide who is right wing and who is left wing. To find out if it’s a practice in case news media, I searched few others as well, and found nothing as such.


Then why such treatment against OpIndia, and I found another organization International Fact-Checking Network (IFCN) rejected OpIndia's application for accreditation as a fact checker.

And IFCN page says this,

Fake news blacklist
In 2019, Poynter used various "fake news" databases (including those curated by the Annenberg Public Policy Center, Merrimack College, PolitiFact, and Snopes) to compile a list of over 515 news websites that it labeled "unreliable." Poynter called on advertisers to "blacklist" the sites on the list. The list included conservative news websites such as the Washington Examiner, The Washington Free Beacon, and The Daily Signal. After backlash, Poynter retracted the list, citing "weaknesses in the methodology." Poynter issued a statement, saying: "We regret that we failed to ensure that the data was rigorous before publication, and apologize for the confusion and agitation caused by its publication."

But other news portals in India has already made their mind and wrote articles calling Ops India a fake news portal. And it’s attacked by few left wing and other political parties. Editor, Nupur J Sharma and her family members were harassed by West Bengal Police by the orders of West Bengal State government.






Wednesday, 24 June 2020

Journey of Timor-Leste




Timor means East in Malaya, and Leste means East in Portuguese so its East-East.

Let's look at the geography of this place.

Indonesia

West and East Timor

West Timor is in Indonesia, Let's find out where was East Timor in history.

Indonesia has more than 17000 islands and back in time Timor Leste or East Timor was part of Timor island and under Indonesia.

Purushada was a Hindu king ruling these islands in early days then came Buddhist Sutasoma, there is a mention of fight between Purushada and Sutosoma over religion. This was resolved by priests saying Shiva and Buddha are same but different forms. So their beliefs coexisted since then.

Then in medieval times Rajasa dynasty ruled the region during 13th century. In late of 13th century few years before Kertanegara died in 1292, he fought Mongol army of Kublai Khan and defeated them. Mongol came back after few years and were finally destroyed by Sutasoma son in law of Kertenegara. Mongol never came back again. Sutasoma was coronated as first king of Majapahit Empire on the 15th of Kartika month that is 10 November 1293. Sutasoma gave the Motto which is the current motto as well for Indonesia “Mhinneka Tunggal Ika” that means “Unity in Diversity”.

Singhasari period:
Ken Arok (1222—1227)
Anusapati (1227—1248)
Panji Tohjaya (1248)
Vishnuwardhana-Narasimhamurti (1248—1268)
Kertanegara (1268—1292)

Majapahit period:
Raden Wijaya (1294—1309)
Jayanegara (1309—1328)
Tribhuwana Wijayatunggadewi (1328—1350)
Hayam Wuruk (1350—1389)

1331 Majapahit conquered all the islands of Indonesia.

During this time Muslim missionaries were coming as merchants from India and Saudi Arabia and were propagating Islam and converting people, they were getting married to rich merchants and ministers, and this followed through generations, since Hindus and Buddhist were not doing any conversion and not opposition any other religious teachings, by 1400 it started becoming Muslim dominant state.  

Sultanate of Malacca came into existence in 1400 with Chinese merchants supporting Sultanate of Malacca, empire of Majapahit declined in 15th century. And Indonesia became Muslim majority country but rulers remained tolerant to other religion as well. And there was no resistance among communities that kept the culture of Indonesia intact. There was no big war or destruction for religion. 

1512 Portuguese came followed by Dutch and others. And now Indonesia was captured by Dutch and Portuguese.

About Timor Island it was captured by both Dutch and Portuguese West Timor was with Dutch and East Timor was with Portuguese. They had fight for border till they had treaty of Lisbon in 1859 and they come to agreement for border between east and west.

Dutch left after 2nd world war. And Indonesia was a free country, but Portuguese did not leave east of Timor island till 1975. During this time East Timor was Christian majority now.

In 1975 after Portuguese left, there was political fight in east Timor, but by December 1975 Indonesia took back East Timor. But there was resistance against Indonesia, 20% of East Timur population died in the fight against Indonesia. With growing international pressure from west and UNO, East Timor was declared as "Timor-Leste", it became the first new sovereign state of the 21st century on 20 May 2002 and joined the United Nations and the Community of Portuguese Language Countries. In 2011, East Timor announced its intention to become the eleventh member of the Association of Southeast Asian Nations (ASEAN). It is one of only two predominantly Christian nations in Southeast Asia, the other being the Philippines, as well as the only country of Asia to be located completely in the Southern Hemisphere.

For more such information visit http://ivikashjha.com/journey-of-timor-leste/ 

What is AI?