General Trading Chat

[timepass]

What does this mean for USDINR ??

https://timesofindia.indiatimes.com...er-of-dollars-in-dec/articleshow/68032318.cms

First time in FY19, RBI becomes net buyer of dollars in Dec

PTI | Feb 17, 2019, 11.36 AM IST

MUMBAI: The Reserve Bank has turned net buyer of dollars in December, first time in the current fiscal year, as it purchased $607 million of the greenback on a net basis from the spot market, according to the latest data.

The central bank bought $ 837 million and sold $ 230 million in the spot market during the reporting month.

As against this, in December 2017, the RBI was a net buyer of $ 5.647 billion, after it bought $ 6.008 billion from the market and sold $ 361 million.

Between April and November 2108, the central bank had net sold $ 26.51 billion in the spot market against net purchase of $ 18.017 billion in the same period in 2017.

In FY18, the apex bank had net purchased $ 33.689 billion from the spot market, taking its total dollar purchase to $ 52.068 billion, and sold only $ 18.379 billion, this helped the country for the first time scale a life-time peak of $ 426.028 billion for the week to April 13, 2018 in forex reserves.

But since then, the forex kitty has been fluctuating and mostly sliding. The forex reserves stood at $ 398.122 billion for the fortnight ended February 8, 2019 and has reportedly crossed the $ 400-billion-mark last week.

In FY17, the RBI had bought $ 12.351 billion on a net basis.

In the forward dollar market, the outstanding net forward sales at the end of December 2018 was $ 2.426 billion, compared to a sale of $ 1.924 billion in November, show the RBI data

 

[afin]

I got "meet hot girls at Kashmir"

hahhhahh

 

[cinderblock]

How feasible is a terror risk insurance for security personnel only? It should be a big number like 50lk - 1 cr.

It should be a big number so terrorists know that far from destroying a family they are securing (at least monetarily) its future.

Will it deter the terrorists or would be terrorists if they know that by blowing themselves up they are not going to heaven but are leaving behind hell for their family but a very secured future for the family of those they have killed.

Maybe they dont think that far in the first place!

 

[Punter786]

Yesterday read a news article. CRPF top officials were demanding aeroplane to send these 2500 jawans from jammu to kashmir as highway was closed since a week due to snow/làndslide. But nobody in the centre govt listened to them. So after one week of trying for aeroplane in vain they were sent by road. And this tragedy happened. On the other hand 2100 kashmiri people including students were sent from jammu to kashmir by airforce plane at the same time and reports are these people were chanting anti india slogans and demanding aeroplane. There wish granted. Govt bowed to them.

Such criminal negligence. Sadly no accountability in India. Ravi Bhai neta koi bhi ho inse umeed rakhna bekar hai. We have seen this before. I still remember what happened during 26/11 Mumbai attacks. I watched the whole attack for 3 days without sleeping for a second. There was complete chaos. But you know what? The whole attack could have been prevented had then NSA taken time out to see the intelligence input on his table. It was about specific attack on Mumbai!! But he was too busy spying on the opposition leaders and other such political things!! Such is the way of doing things here. Nothing serious. Sab Raam bharose. Few months later Sardar ji did a dialogue with Pak PM and issued a joint statement saying BOTH countries are victims of terrorism!! Batao. What a cruel joke...

Last neta with vision for Indian security and her interests was Indira. What resolve and guts she had. Unfortunately, she was lax on corruption, destroyed institutions and was terrible for economy.

 

[siddhant4u]

True. It was bjp’s Vajpayee govt who let flight ic814 fly off from Indian airspace and resulted in freeing Masood Azhar. Who is killing people left right centre since release. Letting them bladt flight could have been better decision if you look back after all these years.

The IB chief of that time Mr Doval is now National Security Advisor to PM what a joke!

 

[afin]

True. It was bjp’s Vajpayee govt who let flight ic814 fly off from Indian airspace and resulted in freeing Masood Azhar. Who is killing people left right centre since release. Letting them bladt flight could have been better decision if you look back after all these years.

The IB chief of that time Mr Doval is now National Security Advisor to PM what a joke!

what happened back then was a national insult and a totally reluctant decision under duress.

What other option did we have? Let the lives and families of 300 people go to waste? Tell to the whole world that we do not care a damn about our own country peoples lives? We have been putting pressure on the entire world to designate JEM and Azhar Masood as a international terrorist. Who is blocking it? China is.

Haven't we been diplomatically and intelligence wise not doing our bit? Yes we are. What happened in Phulwama was an intelligence failure and the handiwork of a few insiders.

 

[afin]

Such criminal negligence. Sadly no accountability in India. Ravi Bhai neta koi bhi ho inse umeed rakhna bekar hai. We have seen this before. I still remember what happened during 26/11 Mumbai attacks. I watched the whole attack for 3 days without sleeping for a second. There was complete chaos. But you know what? The whole attack could have been prevented had then NSA taken time out to see the intelligence input on his table. It was about specific attack on Mumbai!! But he was too busy spying on the opposition leaders and other such political things!! Such is the way of doing things here. Nothing serious. Sab Raam bharose. Few months later Sardar ji did a dialogue with Pak PM and issued a joint statement saying BOTH countries are victims of terrorism!! Batao. What a cruel joke...

Last neta with vision for Indian security and her interests was Indira. What resolve and guts she had. Unfortunately, she was lax on corruption, destroyed institutions and was terrible for economy.

NOt to mention, Barka Dutt and her team of crony reporters and reporters from other media houses who were feeding second by second live intel to the terrorists. Lot of things happened badly during that time. I still had friends from the NDMA telling me they were waiting for Madam Sonia & Sardarji's flag-off to bring the emergency supplies to Uttarakhand after the floods.

 

[afin]

Such criminal negligence. Sadly no accountability in India. Ravi Bhai neta koi bhi ho inse umeed rakhna bekar hai. We have seen this before. I still remember what happened during 26/11 Mumbai attacks. I watched the whole attack for 3 days without sleeping for a second. There was complete chaos. But you know what? The whole attack could have been prevented had then NSA taken time out to see the intelligence input on his table. It was about specific attack on Mumbai!! But he was too busy spying on the opposition leaders and other such political things!! Such is the way of doing things here. Nothing serious. Sab Raam bharose. Few months later Sardar ji did a dialogue with Pak PM and issued a joint statement saying BOTH countries are victims of terrorism!! Batao. What a cruel joke...

Last neta with vision for Indian security and her interests was Indira. What resolve and guts she had. Unfortunately, she was lax on corruption, destroyed institutions and was terrible for economy.

Look at this- I remmeber this very vividly. Thankfully a link still exists

https://www.livemint.com/Opinion/ry...s-politics-of-arrogance-and-incompetence.html

 

[siddhant4u]

Politicians devide nation. People dont even know fact ( presented in loksabha) that there were avg 20+ Terror incidents every month in India in last 5 years. Number of armed forces getting killed is on rise year on year ( even ratio of terrorists per soldiers killed is going down).

So any govt, any party it doesn’t matter. India is failing in such incidents

 

[primitivetrader]

if no pulwama type incidence than its business as usual even if its with Pakistan. this is the level of commitment most of us have. rather than pointing fingure at Pakistan we should look at ourselves.
https://www.rediff.com/cricket/repo...ut-img-reliance-pulls-out-of-psl/20190218.htm

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