General Trading Chat

[Dr. Jan Itor]

Hahaha... showroom se bahar tak dhakka maar denge do log...
Government allows sales of electric vehicles without batteries
The battery could be provided separately by the OEM or the energy service provider

https://www.moneycontrol.com/news/t...ctric-vehicles-without-batteries-5692441.html

 

[Dr. Jan Itor]

Individualised APE for private life insurers falls 7% in July; for LIC it was up by 10%
New sales have taken a hit as investors have deferred their investments in insurance due to the uncertainty, says industry officials.

https://www.financialexpress.com/mo...ls-7-in-july-for-lic-it-was-up-by-10/2053251/

 

[timepass]

No premium in Banknifty !!

 

[timepass]

Bombardier, Siemens among 23 firms keen on running private trains in India
https://www.hindustantimes.com/indi...ns-in-india/story-7TYfOJZDmnAbR9CxsExdNM.html

Preparations on for a new world order !!

 

[siddhant4u]

Hahaha... showroom se bahar tak dhakka maar denge do log...
Government allows sales of electric vehicles without batteries
The battery could be provided separately by the OEM or the energy service provider

https://www.moneycontrol.com/news/t...ctric-vehicles-without-batteries-5692441.html

Dealers will sell batteries from dubious sources! Charging premium for essentials (e.g. for bike dealers sell side mirrors at high margin)

 

[timepass]

Banknifty won't like this.

Retail inflation accelerates to 6.93% in July
3 min read . Updated: 13 Aug 2020, 06:05 PM ISTAsit Ranjan Mishra
As the various pandemic related restrictions were gradually lifted and non-essential activities started resuming operations, availability of price data has also improved, NSO said
https://www.livemint.com/news/india/retail-inflation-accelerates-to-6-93-in-july-11597321461542.html

 

[timepass]

BPCL reports Q1 profit of Rs 2,076 crore, lockdown drags average GRM to $0.39 per barrel
https://www.moneycontrol.com/news/b...s-average-grm-to-0-39-per-barrel-5697521.html

I am confused. Lockdown affected the sales, yes, but how does it affect the GRMs ?? Must be some fixed expenses regardless of the production quantity.

 

[timepass]

Waiting for more details / discussion / clarification on this

PM Modi launches country’s first taxpayers’ charter promised in the budget
Experts said the taxation system is still complicated and intimidating that dissuades people to voluntarily come under its net.
https://www.hindustantimes.com/indi...-the-budget/story-2OrX12N5QLdRLIDhG9rC4M.html

Member @canikhil , hope we will hear from you.

 

[siddhant4u]

Waiting for more details / discussion / clarification on this

PM Modi launches country’s first taxpayers’ charter promised in the budget
Experts said the taxation system is still complicated and intimidating that dissuades people to voluntarily come under its net.
https://www.hindustantimes.com/indi...-the-budget/story-2OrX12N5QLdRLIDhG9rC4M.html

Member @canikhil , hope we will hear from you.

if IT dept keep changing ITR forms every year, it will remain complicated.

 

[timepass]

............. maybe the noose tightens

Income Tax Form 26AS: Hotel bills of over Rs 20,000 will now reflect in your ITR; check other changes
https://www.moneycontrol.com/news/b...-in-your-itr-check-other-changes-5696861.html