Momentum Investing = wealth | FnO = income | I run a long-short strategy. Long-only momentum strategy in equity and a short-only FnO strategy by selling calls.
@KalpenParekh@SahilKapoor - why is the NAV of "DSP Multi-asset Allocation Fund - Direct Growth" not getting updated on any of the websites. It is still showing the NAV as of 18th June (last Thursday)?
For all the MFs that I track, the NAV is updated till Friday 19th June? Even your own DSP Flexicap Fund is updated till 19th June.
The company could pay you salary, although, given that it would constitute a "related party transaction", you should ensure that the salary is not excessive/ unreasonably high. But then, it is in your interest not to keep it too high, or else you would end-up paying a high personal income-tax on the same.
@narendramodi Thank you Modi Ji. After reading that CNBC tweet, I was very disappointed. Made me wonder whether we are regressing back to pre-1991 license and permit raj. Your clarification was very heartening.
This is totally false.
Not an iota of truth in this.
There is no question of putting such restrictions on foreign travel.
We remain committed to improving ‘Ease of Doing Business’ and ‘Ease of Living’ for our people.
PM needs to stop virtue signalling. Convoys and security protocols and arrangements should be based on threat perception. PM and HM are in high risk and shouldn’t compromise on security. All other ministers can make do with even one vehicle. State ministers and babus should not get more than one vehicle. These people should not travel with an army of attendants and hanger ons. Put an end to that even if there was no austerity.
@LarissaFernand Something wrong with my brain too 😄
In the first image, I see a pig's chopped head... and in the second one, I see an Arab offering namaz
The news about import duties on gold and silver going up to 15% came late last night. The interesting thing: neither open interest, prices, nor volume in Gold and Silver showed any unusual moves in the hours leading up to the announcement.
If this had happened in the United States, I’m fairly sure some of the people close to the decision-making process would have found a way to trade it, either through regulated futures markets, other derivative contracts, or prediction markets like Polymarket and Kalshi.
We’ve seen versions of this with crude. And during the Iran conflict, too, there were all these reports and allegations about people around the government trading through futures, contracts, and prediction markets before or around important announcements.
It’s kind of insane how casually people in power seem to monetize privileged information. At some point, this stops looking like “market participation” and starts looking like blatant insider trading with better branding.
Just another reason why Indian markets, despite all their flaws, are far more tightly controlled in these grey zones than many Western markets.