Day Traders Lounge.

Some days ago, Akash Ambani spoke of blockchain technology having a good future (maybe Reliance will expand in that direction) and then the banks cracked down on bitcoin dealers, suspending their account. Wonder what's going on here.

Akash Ambani Bats For Blockchain Technology That Runs Cryptocurrencies

Top banks suspend accounts of major Bitcoin exchanges in India

Read more at:
//economictimes.indiatimes.com/articleshow/62576882.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
 
Flipcart had a sale in December. That time, Motorola G5 plus 4GB was priced at Rs. 9999 after discounts. In the present sale, both on Flipcart and Amazon, it is priced at Rs. 10,999. So what changed ? There was some changes in import duty on mobile parts, and then there is this.

Income Tax department asks Flipkart to reclassify discounts as capital expenditure

Read more at:
//economictimes.indiatimes.com/articleshow/62597949.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

So I think now good brands aren't going to be very cheap.
 

cloudTrader

Well-Known Member
I don't know if the President's decision can be challenged in the Courts.

Were 20 AAP Lawmakers Wrongly Sacked? Court To Review Tomorrow
President's Decision can be questioned - Nainital High Court

Nainital: The Uttarakhand High Court on April 20 issued a veiled warning to the Centre hoping it will not provoke the court by revoking the President’s Rule imposed in the state till a verdict was delivered on the petition challenging its imposition.


Earlier in the day, the court had observed that the legitimacy of the President’s decision to suspend the Assembly was subject to judicial review because even he could go wrong.

https://thewire.in/30574/legitimacy...be-subject-to-judicial-review-uttarakhand-hc/
 
President's Decision can be questioned - Nainital High Court

Nainital: The Uttarakhand High Court on April 20 issued a veiled warning to the Centre hoping it will not provoke the court by revoking the President’s Rule imposed in the state till a verdict was delivered on the petition challenging its imposition.


Earlier in the day, the court had observed that the legitimacy of the President’s decision to suspend the Assembly was subject to judicial review because even he could go wrong.

https://thewire.in/30574/legitimacy...be-subject-to-judicial-review-uttarakhand-hc/
Anyway, it seems that Kejri may have played a political masterstroke here because his government is not in danger, but in other states (e.g. Chhatisgarh), the governments may be in trouble because of this ruling. Seems like almost every state appoints such secretaries.