@Dhruvapandey@dhruvbajaj184 Taking away these incentives would make India more uncompetitive. We have been stagnant in the last decade when it comes to T&A exports.
@Dhruvapandey@dhruvbajaj184 It might be an impact of 2-3 quarters but later on that differential will be passed on to customers. Also if we look at nations like Vietnam or Bangladesh who comparatively have higher market share in T&A global trade, those countries also support the sector in similar ways.
@Fallibilist These ETFs have reduced premiums or RARELY negative premiums on some days. Mainly due to broader excessive selling. Check last month iNAV & rolling prices for each day. A few days the premium was as low as 1%/2%.
At this point with 15% premium it just doesn't make sense.
One of the best articles I have read in a while.
Just like how we wonder what took the world so long to recognise the pitfalls of smoking... Won't be surprised if decades out, the world feels the same way about social media in 2010/20s.
https://t.co/ylnf2OTMY9