@itsTarH Expecting this month to have more such days on similar lines. Some cool off before the result season kicks in will help. Inflation will inflate the earnings of companies who do not have too much loan (interest payouts).
@IndianGems_ Rather than asking for household gold, businesses should look at why they are not investing in R&D, advanced technologies and crearting more opportunities.
Thankfully household have been smart to have some gold, which comes in handy in times of need.
@3bagsfulll Thanks for posting and sharing, I am in process of reaching to 25 stocks, then transition to 15. Have observed the PF results become very different as we move towards decent allocation. My 15 stocks account for 70-80% holding currently.
@ShereenBhan@CNBCTV18Live@CNBCTV18News FAQ: https://t.co/MGi8O1tlGW
UPI Mandates and AutoPay transactions are exempt from these new MDR charges. Because automated recurring transactions for mutual fund SIPs, OTT subscriptions, and utility bills run via mandates, they will not attract this transaction fee
@ShereenBhan@CNBCTV18Live@CNBCTV18News So govt is planning to pocket a lot of money from SIPs as a lot of people have UPI setup for it.
All zero discount brokers had UPI as the free option to add money - now that's chargable too.
Who is going to pocket this money? Govt or phonepe or gpay etc?????
@Sarath19962601@_groww The NPCI's official FAQs explicitly state that UPI Mandates and AutoPay transactions are exempt from these new MDR charges. Automated recurring transactions for mutual fund SIPs, OTT subscriptions, and utility bills run via mandates, they will not attract this transaction fee
@Nithin0dha So this is like an additional STT. Now to invest you have to pay additional money (fee to govt), for a system which does not require too much expense at govt side to maintain. We have so many freebies flying all around, why can not this be taken care of!!!
@ShereenBhan@_RituSingh Why impact retail investors who are doing small SIP's via UPI etc. They can easily account the MDR expense as part of the balancesheet and can be easily accounted for in budget.
It clearly paves way to create profit pool for payment aggregrators - so that they make money
@itsTarH Expecting this month to have more such days on similar lines. Some cool off before the result season kicks in will help. Inflation will inflate the earnings of companies who do not have too much loan (interest payouts).
@ishmohit1 Most gains are lost in waiting for correction or wondering why something is gaining!
Those who do the homework, tend to ride the gains or join the party, even if early gains are missed.
@suru27 Capillary view did sound logical. Setting up and using agents is still a distance away. But surely interesting times ahead. Need to setup AI algo to tap into agent's behavior towards its spending midset😆
A must watch interview of Manish Gunwani , CIO of Bandhan Mutual Fund, One of India's best Small Cap Strategies | Sonia Shenoy Podcast https://t.co/AGHFCtsvvq via @YouTube