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TraderRavi

low risk profile
Covid-19 impact: Tax and duty relief likely in package for industry

India is close to finalising a second economic relief package that may include tax concessions for industry sectors hit hard by the disruption due to Covid-19, particularly micro, small and medium enterprises (MSMEs), services and exports.

The government has also initiated talks with the World Bank for an unprecedented package from the multilateral lender to speed up the creation of healthcare infrastructure that’s urgently needed besides support for some key economic sectors to tackle Covid-19’s impact. “It is being worked out ... it will be announced shortly,” said a government official.

Some of the steps that are being considered include a moratorium on select tax payments for some sectors, reduction in import and export duties, relaxation in payment of dues and fees and additional interest subvention for exports.

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
 

rjshem

Well-Known Member
Doctors say it is only a matter of time before Covid sweeps India.

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
not great news , lets concentrate on things we can control ie wash our hands regularly not take hands anywhere near mouth ,nose ,eyes ,ears(unless having food). stay put at home unless some emergency,if have to go out maintain proper social distance and sanitise frequently.drink lots of fluids like hot water , hot milk with turmeric regularly .last but not least if u get it by chance then face it without any stress or fear with optimistic view.
 
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DanPSup

Hedge Strategy Trader in Options and Futures
Coronavirus Live Updates: U.S. Deaths Surpass China’s, but China’s Figures Remain in Doubt

https://www.nytimes.com/2020/03/31/world/coronavirus-news.html
The problem all over the world is per country definition:

1. How many tests are done per day in any country
2. On who are those tests done with what kind of preferences
3. How are those test configured, as different kind of tests can be done with different outcomes.

At the moment we not have any world wide standards, just as per country resources, will, and money.

How corona virus testing works? When and who you can get tested?


DP
 
Today 57 new cases corona positive in tamilnadu thanks to the Delhi nizamudin

Sent from my ASUS_X00PD using Tapatalk
still more to come, in a week time or so, that too from all over India
Thanks to Nizamuddin episonage
I am worried for residents of Delhi-NCR,
as more and more of such Ms, may have participated from Delhi and nearby areas.

Their spokeperson said on TV, that there used to be a few thousand members, staying there, at any point of time.
 

travi

Well-Known Member
for example DAX has lot size of 25 EUR times index price

so if you are long and index moves 1 point in your direction, you are up 25 EUR


View attachment 41297
bhai, this is glass half full vs glass half empty kinda thing :DD

Eur 25 move per point is no joke ( Avg 3-3.5k p/mnth) . that's like 2 Cr lot size, and with DAX historical vola, anyone can become naked. That includes their retail traders as well. Equivalent of volume if u see.

just my initial thoughts, but its harsher in short.

Whether u go by lot size, or point movement, its what change in currency that matters. They have tick size of 0.5 or Eur 12.5
Its better with our nse 20,25,40 lot size in BNF :)
 
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siddhant4u

Well-Unknown Member
bhai, this is glass half full vs glass half empty kinda thing :DD

Eur 25 move per point is no joke ( Avg 3-3.5k p/mnth) . that's like 2 Cr lot size, and with DAX historical vola, anyone can become naked. That includes their retail traders as well. Equivalent of volume if u see.

just my initial thoughts, but its harsher in short.

Whether u go by lot size, or point movement, its what change in currency that matters. They have tick size of 0.5 or Eur 12.5
Its better with our nse 20,25,40 lot size in BNF :)
25 Rs kar lo bhai...

with movement of 200 points in Nifty, it will be 5000/-
 

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