General Trading Chat

[Raj232]

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After COVID-19 , and many variants... Dengue might be the next scare .. with symptoms similar to COVID-19
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Govt tells 11 states to step up efforts to curb Covid, dengue

The Union health secretary has asked 11 states reporting a more dangerous type of dengue to take steps to ensure early detection of cases, start fever helplines and stock adequate testing kits, larvicides, and medicines.
There are four serotypes of the virus that causes the mosquito-borne disease dengue; DENV-2 is associated with more severe disease that can lead to fatal internal bleeding and shock. During a review of the Covid-19 situation, the states were asked to implement control measures during the festive season, monitor infections in children as schools reopen as well as breakthrough infections.

For dengue, the states were asked to deploy rapid response teams to promptly investigate new cases and undertake measures such as a survey of persons with fever in the area, contact tracing, control of mosquito population in the area, etc. They have also been asked to stock enough blood and blood components such as platelets needed for patients with severe dengue.

The health secretary, Rajesh Bhushan, also asked the states to undertake campaigns to inform people about the helplines, ways to control the mosquito population, and symptoms of dengue.

Several states have reported a spike in the number of dengue cases, which causes fever, headache, pain behind the eye, body ache, and vomiting in most patients.

The states reporting serotype - II dengue cases are Andhra Pradesh, Gujarat, Karnataka, Kerala, Madhya Pradesh, Uttar Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, and Telangana.
In a small proportion of patients it can lead to internal bleeding, a dip in the blood component platelet, and shock (inadequate blood to organs resulting in damage to tissues.)

The issue was discussed during a meeting held by the cabinet secretary Rajesh Gauba on Covid-19 response and progress of vaccination. India administered 25 million shots of Covid-19 vaccine on Friday. Referring to other countries that have reported several peaks of Covid-19 cases, he said pockets reporting high positivity rate were a cause of concern.

The health secretary said that there were 70 districts across 15 states that were reporting over 5% positivity rate – proportion of samples that return positive. Of these, 34 districts have reported a positivity rate of over 10%.

All states were also asked to enforce Covid-19 appropriate behaviour during the upcoming festival season. The states were asked to ensure “necessary precautions and effective enforcement for avoidance of mass gathering and congested closed spaces. Existing guidelines regarding malls, local markets, and places of worship are to be strictly followed,” a release from the Union health ministry said.
In addition to implementing containment strategies in places reporting a high number of Covid-19 cases, the states were also asked to increase testing while maintain a high level of RT PCR tests, commission pressure swing adsorption oxygen plants, oxygen cylinders, concentrators and ventilators.

More here : https://www.hindustantimes.com/citi...rts-to-curb-covid-dengue-101631989590987.html

 

[timepass]

.
After COVID-19 , and many variants... Dengue might be the next scare .. with symptoms similar to COVID-19
.

Govt tells 11 states to step up efforts to curb Covid, dengue

The Union health secretary has asked 11 states reporting a more dangerous type of dengue to take steps to ensure early detection of cases, start fever helplines and stock adequate testing kits, larvicides, and medicines.
There are four serotypes of the virus that causes the mosquito-borne disease dengue; DENV-2 is associated with more severe disease that can lead to fatal internal bleeding and shock. During a review of the Covid-19 situation, the states were asked to implement control measures during the festive season, monitor infections in children as schools reopen as well as breakthrough infections.

For dengue, the states were asked to deploy rapid response teams to promptly investigate new cases and undertake measures such as a survey of persons with fever in the area, contact tracing, control of mosquito population in the area, etc. They have also been asked to stock enough blood and blood components such as platelets needed for patients with severe dengue.

The health secretary, Rajesh Bhushan, also asked the states to undertake campaigns to inform people about the helplines, ways to control the mosquito population, and symptoms of dengue.

Several states have reported a spike in the number of dengue cases, which causes fever, headache, pain behind the eye, body ache, and vomiting in most patients.

The states reporting serotype - II dengue cases are Andhra Pradesh, Gujarat, Karnataka, Kerala, Madhya Pradesh, Uttar Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, and Telangana.
In a small proportion of patients it can lead to internal bleeding, a dip in the blood component platelet, and shock (inadequate blood to organs resulting in damage to tissues.)

The issue was discussed during a meeting held by the cabinet secretary Rajesh Gauba on Covid-19 response and progress of vaccination. India administered 25 million shots of Covid-19 vaccine on Friday. Referring to other countries that have reported several peaks of Covid-19 cases, he said pockets reporting high positivity rate were a cause of concern.

The health secretary said that there were 70 districts across 15 states that were reporting over 5% positivity rate – proportion of samples that return positive. Of these, 34 districts have reported a positivity rate of over 10%.

All states were also asked to enforce Covid-19 appropriate behaviour during the upcoming festival season. The states were asked to ensure “necessary precautions and effective enforcement for avoidance of mass gathering and congested closed spaces. Existing guidelines regarding malls, local markets, and places of worship are to be strictly followed,” a release from the Union health ministry said.
In addition to implementing containment strategies in places reporting a high number of Covid-19 cases, the states were also asked to increase testing while maintain a high level of RT PCR tests, commission pressure swing adsorption oxygen plants, oxygen cylinders, concentrators and ventilators.

More here : https://www.hindustantimes.com/citi...rts-to-curb-covid-dengue-101631989590987.html

Yes, and then there is the mu variant. Plenty of reasons to be scared. But really ? The markets refuse to bow down.

 

[Romeo1998]

.
After COVID-19 , and many variants... Dengue might be the next scare .. with symptoms similar to COVID-19
.

Govt tells 11 states to step up efforts to curb Covid, dengue

The Union health secretary has asked 11 states reporting a more dangerous type of dengue to take steps to ensure early detection of cases, start fever helplines and stock adequate testing kits, larvicides, and medicines.
There are four serotypes of the virus that causes the mosquito-borne disease dengue; DENV-2 is associated with more severe disease that can lead to fatal internal bleeding and shock. During a review of the Covid-19 situation, the states were asked to implement control measures during the festive season, monitor infections in children as schools reopen as well as breakthrough infections.

For dengue, the states were asked to deploy rapid response teams to promptly investigate new cases and undertake measures such as a survey of persons with fever in the area, contact tracing, control of mosquito population in the area, etc. They have also been asked to stock enough blood and blood components such as platelets needed for patients with severe dengue.

The health secretary, Rajesh Bhushan, also asked the states to undertake campaigns to inform people about the helplines, ways to control the mosquito population, and symptoms of dengue.

Several states have reported a spike in the number of dengue cases, which causes fever, headache, pain behind the eye, body ache, and vomiting in most patients.

The states reporting serotype - II dengue cases are Andhra Pradesh, Gujarat, Karnataka, Kerala, Madhya Pradesh, Uttar Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, and Telangana.
In a small proportion of patients it can lead to internal bleeding, a dip in the blood component platelet, and shock (inadequate blood to organs resulting in damage to tissues.)

The issue was discussed during a meeting held by the cabinet secretary Rajesh Gauba on Covid-19 response and progress of vaccination. India administered 25 million shots of Covid-19 vaccine on Friday. Referring to other countries that have reported several peaks of Covid-19 cases, he said pockets reporting high positivity rate were a cause of concern.

The health secretary said that there were 70 districts across 15 states that were reporting over 5% positivity rate – proportion of samples that return positive. Of these, 34 districts have reported a positivity rate of over 10%.

All states were also asked to enforce Covid-19 appropriate behaviour during the upcoming festival season. The states were asked to ensure “necessary precautions and effective enforcement for avoidance of mass gathering and congested closed spaces. Existing guidelines regarding malls, local markets, and places of worship are to be strictly followed,” a release from the Union health ministry said.
In addition to implementing containment strategies in places reporting a high number of Covid-19 cases, the states were also asked to increase testing while maintain a high level of RT PCR tests, commission pressure swing adsorption oxygen plants, oxygen cylinders, concentrators and ventilators.

More here : https://www.hindustantimes.com/citi...rts-to-curb-covid-dengue-101631989590987.html

all this is made in lab like how we play around with code and come up with new variations and systems
same way scientist play around with gentics of small flied mosquitho and keep making new dengue fever, then same person will go and make dawai in pharma company of new dengue... like how there is update in software and then bug, n then bug is a fix
in a way, all our lives is so similar

 

[Nish]

The total amount owed by top 50 willful defaulters is Rs. 68,607 crores (US$ 8 billion)
Basically RBI incorporates a "BadAssetBank".
All Govt & private banks under RBI (hegemony)mandate transfer their bad loans to this vehicle & receive cash +govt bonds (issued by RBI) in return & emerge with shiny clean balance sheet (by Rin.Surf, Det etc)
Badbank may give las little as 25 cents on the dollar or up to 50 cents . Depends on your connection !!!
BigBadLoan bank (aka RBI) writes of all un recoverable bad loans quietly after a few years & they reach badloan heaven & achieve nirvana+ attain samadhi .

As long as helpless common people are forced to pay high Petrol, Diesel-Gas-Power charges and Big Corporates are provided subsidized Tax Regime - NOTHING will change !

BBank episodes I, II, III may go on continue in Future also - with NEW bad loans !

 

[timepass]

BN moving towards 15ema ??

 

[brokenbull]

Nothing to worry ....Evergrande default is contained..No Lehman moment !.....
Says all the Spin Doctors (Sell side Analysts)

Ajay Rajadhyaksha, Barclays
So, is this China’s Lehman moment? Not even close, in our opinion.
Yes, Evergrande is a large property firm. And yes, there could (probably will) be spill-over effects on China’s property sector, with economic implications. And yes, it comes at a time when China’s growth has already started to disappoint. But a true ‘Lehman moment’ is a crisis of a very different magnitude. One would need to see a lenders’ strike across large parts of the financial system, a sharp increase in credit distress away from the real-estate sector, and banks being unwilling to face each other in the interbank funding market. And with all that, we would also need to see massive policy mistakes on the part of Chinese authorities. In our view, the conditions are simply not in place for even a large default to be China’s Lehman moment.
Judy Zhang, Citigroup
We do not see the Evergrande crisis as China’s Lehman moment given policy makers will likely uphold the bottom line of preventing systematic risk to buy time for resolving the debt risk, and push forward marginal easing for the overall credit environment.
We believe regulators may buy time to digest Evergrande’s NPL problem (e.g., guiding banks not to withdraw credit and extend interest payment deadline).
Kenneth Akintewe, Aberdeen Standard Invest Asia
Our base case is that there will be a relatively orderly restructuring, it’s not in the interest of policy makers, economy or the market to go into a destabilized uncontrollable spillover, and have this impacting other parts of the economy.
Near term there will be uncertainty and volatility, but outside of Evergrande, policy makers will be able to engineer some sort of recovery from this.
Bhanu Baweja, UBS
I don’t think this is a Lehman moment. I think when you try to reduce moral hazard after four major credit cycles, it is going to be messy. The biggest risk out here is not what happens to suppliers or what happens to the financial system in the near term, I don’t think that’s an issue. I think China has managed that reasonably well. Default levels are pretty low in the overall economy and the capital adequacy for banks, particularly the large banks, is quite high.
I think the most important issue is what this does to the collateral of the entire credit boom -- which is property prices -- and therefore confidence in property itself.
Catherine Yeung, Fidelity International
If we look at the past three years, we have seen restructuring that the government or regulators have been involved in, whether it’s Huarong, China Fortune Land, and other single credit events. So they have the confidence in terms of this potential restructuring.
The likely scenario is that they will avoid bankruptcy when it comes to Evergrande [and] seek restructuring with strategic investors or bridge investors. The priority from a domestic perspective and a sentiment perspective is projection completion and supply chain cash settlements.
Vishwanath Tirupattur, Morgan Stanley
The expectations of a broad contagion may be overdone. Clearly the impact on growth is there. But I think the key point here is I continue to believe this is not a moment like what we had in 2008. There has certainly been a subtle change of signal from the policy makers in China. A lot of that we think is already reflected in price.
Marko Kolanovic, JPMorgan Chase
The market sell-off is primarily driven by technical selling flows (CTAs and option hedgers) in an environment of poor liquidity, and overreaction of discretionary traders to perceived risks. Our fundamental thesis remains unchanged, and we see the sell-off as an opportunity to buy the dip.
Risks are well-flagged and priced in, with stock multiples back at post-pandemic lows for many reopening/recovery exposures. We look for cyclicals to resume leadership as delta inflects.
Shujin Chen, Jefferies
Against the market view, we see regulators keeping a close eye on Evergrande and think it could soon put forward a plan or meaningful progress to reduce the impact.
We expect a plan to resolve the issues, or help make meaningful progress to be out by the end of the year (also possible within 1-2 months) as China will focus on boosting 1Q22 economic growth starting from 4Q21.
Larry Hu, Macquarie
A major concern is the contagion risk for other high-leveraged developers, as banks, suppliers and homebuyers would all turn more cautious in view of the Evergrande saga. As the result, a self-fulfilled liquidity crunch could happen to other high-leveraged developers. That said, the government has the will and capability to intervene, if the market goes panic.
It could break the negative feedback loop by easing liquidity, as what it did during the interbank credit crunch in 2013. Moreover, given property policy is unprecedentedly tight at this moment, policy makers have plenty of room to loosen if they want. It seems that they are willing to wait a bit longer to reduce the moral hazard in the future, but they could step in anytime for the sake of financial and social stability.
John Lin, AllianceBernstein
There is very little likelihood of default spilling over into a systematic crisis. First, Chinese regulators are the ones triggering the most recent fall of Evergrande. The regulators have prepared for it, and they will be able to manage through it.
Because there is low likelihood of a systematic crisis, many of the Chinese developers – particularly the higher quality companies with strong balance sheet, capable management and good product reputation – will survive this round of correction. In the market panic over the last two weeks, their valuations have already overshot on the down side. In our opinion, these select quality developers present compelling return opportunities for long-term minded investors.
Tommy Wu, Oxford Economics
Concerns over the rising default risk of Evergrande, the property developer, have roiled financial markets over the last week. While we think the government doesn’t want to be seen as engineering a bail out, we expect it to step in to conduct a managed restructuring of the firm’s debt to prevent disorderly debt recovery efforts, reduce systemic risk, and contain economic disruption.

 

[brokenbull]

BankNifty bounced today with Private banks bouncing from low (ICICI,AXIS,Kotak,Indusind etc)
PSU banks are still in gutter.(including the team captain SBI+all the foot soldiers.
They might bounce to further take banknifty higher with private banks taking a backseat.

 

[Raj232]

As long as helpless common people are forced to pay high Petrol, Diesel-Gas-Power charges and Big Corporates are provided subsidized Tax Regime - NOTHING will change !

BBank episodes I, II, III may go on continue in Future also - with NEW bad loans !

Now, they have got a "bad loan bank" .. so the whole issue has got formalized..
they will just keep sending all bad loans to the bad loan bank... simple

 

[Nish]

Now, they have got a "bad loan bank" .. so the whole issue has got formalized..
they will just keep sending all bad loans to the bad loan bank... simple

Our Banking system is NOT that SIMPLE - UNfortunately !
... They just find the ways for obvious gains under-neath !

 

[timepass]

China declares all cryptocurrency transactions illegal. Maybe it will bring more liquidity in the equity markets.

https://www.thehindu.com/news/inter...ency-transactions-illegal/article36649806.ece