General Trading Chat

[primitivetrader]

Oh..oh.. some huge development in Space sector. Announced a new PSU for marketing space related products/services and research. Private satellites will become common, I suppose.

seems like Indians are going to be shifted to mars and other planets first will be honest tax payers as a reward.

 

[timepass]

More Metro Rails using PPP.

 

[timepass]

Labor laws to be standardized, 4 labor "codes" will be defined.

It's getting a bit boring now.

 

[timepass]

NRIs having Indian passport may be given instant Aadhar card. What effect will that have ?

 

[timepass]

Banking and financial sector :

NPAs are down by over 1 lakh crore in last 1 year. Record recoveries in the last 4 years. Provision coverage has risen etc...etc..

PSU banks will be provided 70000 crore capital to boost lending. Online personal loans, doorstep banking.

 

[monkeybusiness]

seems like Indians are going to be shifted to mars and other planets first will be honest tax payers as a reward.

Then who will pay taxes

 

[timepass]

Government will provide some guarantee for financially sound NBFCs. More DHFL/IIFL etc?

 

[timepass]

ETFs : Some etfs will be redesigned to behave like ELSS. Didn't understand much of it, but it seems that the ETFs will get a boost.

 

[timepass]

More external borrowing will be initiated. Maybe USD will become more expensive.

New coins from Rs. 1 to 20 will be introduced, specially for visually impaired.

 

[timepass]

Corporate tax limit for 25% raised to turnover upto 400 crore (from 250 crores).