Diva

chronically unimpressed
intellectually curious
financially focused
cat person

[Diva @DivK21906]

Equity Options Surge (+8%) 🚀
Derivatives activity continues to scale! NSE’s Premium Turnover in Equity Options jumped 8% today to reach ₹72,855 Cr (up from ₹67,494 Cr last Tuesday). Deeper order books are driving record engagement! 📉
@NigelDSouza @Soniashenoy @CNBCTV18Live

[Diva @DivK21906]

The strongest endorsement of the new Closing Auction came from institutions themselves.

Nobody forced liquidity towards @NSEIndia.

The market chose execution quality.

[Diva @DivK21906]

@thechetanpatel7 @SundaramanR @StoicBear69 Same

[Rahul P @rahulpatilak]

Spotted NSE MD & CEO Mr @ashishchauhan ji with his better half on the @MumbaiMetro3 today. Beating Mumbai traffic, a reminder of what the right infrastructure projects can truly add to the city.

[Neha Nagar @nehanagarr]

Salaried Middle Class is doomed again.

For the 1st time in the post-independence era,
Personal income tax (PIT) collections surpassed corporate tax (CIT) in FY 2023-24.

In FY24-25, PIT collections stood at ~₹11.82 lakh crore, while CIT was ~₹9.86 lakh crore.

The top 1% owns 40% of the wealth.

Yet earners above ₹10 crore contribute less than 5% to total PIT collections, while the salaried class contributes more than 90%.

The middle class & the poor are affected the most due to taxes, suffering under GST and heavy personal taxes.

And it shows in data:

India’s household savings slipped to a new low for the 3rd consecutive year, falling to 18.1% of GDP in FY24.

On the other hand, household debt rose to 6.2% of GDP – almost twice as much as ten years ago.

More middle-class Indians are borrowing to meet their everyday needs.
If this is not a curse of being middle class, I don't know what it is.

[No Context Cats @nocontextscats]

👊🏻😾

[The Cats 𝕏 @TheCatsX]

I have two personalities

[Diva @DivK21906]

NSE Board greenlights IPO via OFS, listing planned on Indian exchanges @ANI #IndianExchanges

[Diva @DivK21906]

@ians_india Makes sense

[IANS @ians_india]

Mumbai, Maharashtra: Shishir Joshi, CEO & Co-Founder of Project Mumbai and Founder of Mumbai Climate Week, says, "Mumbai Climate Week is being held in India for the first time among Global South countries. This inaugural edition will take place from February 17–19. People often think climate is a very technical subject, but it affects our everyday lives."