Many people claimed that RBI sold gold worth billions of dollars to defend the rupee.
But RBI has clarified that India's gold reserves remain unchanged at 880.52 tonnes.
Simple si baat hai, sona utna hi rakha hai, bas uski market value kam dikh rahi hai. Gold becha nahi gaya hai.
Here is my revised calculation of how the delimitation proposed in the bills today would affect the share of states in the Lok Sabha. The political pattern of losers and gainers maps almost perfectly on areas of BJP’s weakness and strength.
Assumptions: Total seats: 850 (of which 35 for UTs). Rest allocated as per population share in Census 2011.
The column on Gains/Losses is critical as every state would get more seats in 850 seat house. Here gains and losses are compared to seats every state would have had if their present share was respected: e.g. Kerala would get 23 seats (additional 3) but should have got 31 if its present share was maintained. Hence it’s a loss of 8 seats. UP should have had 125 but would have 138, gain of 13.
Thanks @qfint for the detailed table below and @vrsrini for pointing out the error in the previous table.
Lagta hai policymakers ko FII outflows se abhi zyada farq nahi pad raha.
LTCG STCG aur high STT India ko expensive market bana dete hain.
Structure strong hai, no doubt.
Par global markets me speed aur adaptability matter karti hai.
Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:
Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help.
On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead.
He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows.
If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.
Congratulations to @atahasnain53 sir on being appointed as Governor of Bihar. Your leadership in the Indian Army brought pride to the nation. Hope your experience strengthens Bihar universities and improves higher education. Prayers for your successful tenure.
#Bihargoverner
High US debt means more borrowing and more money printing over time. More money printing reduces real value of the dollar. Gold &silver act as protection against this.China drives short term moves. US debt drives long term trends. Crashes create fear debt creates opportunity.
Gold and silver crashed today after a strong rally. China was a major buyer in recent months. When prices peaked profit booking started. Heavy selling from China triggered panic and pushed prices down fast.
#SilverPrice#GOLD
शिक्षा व्यवस्था तभी मजबूत होगी जब शिक्षक मानसिक रूप से स्थिर होगा।
TRE-3 अंतर जिला ट्रांसफर अब टालना नहीं चाहिए।
आज फैसला जरूरी है।
@sunilkbv@BJP4Bihar#TransferTRE3
TRE-3 शिक्षक आज भी अपने ही राज्य में बेघर जैसे हैं।
परिवार साथ हो, यही स्थिर शिक्षा की नींव है।
स्थानांतरण प्रक्रिया जल्द शुरू की जाए।
@NitishKumar@BJP4Bihar#TransferTRE3
बिहार का शिक्षक, बिहार में ही पोस्टिंग चाहता है।
यह कोई अतिरिक्त मांग नहीं है।
यह मानवीय और प्रशासनिक आवश्यकता है।
TRE-3 ट्रांसफर प्रक्रिया तुरंत शुरू हो।
@NitishKumar@BJP4Bihar#TransferTRE3
20407 Rajdhani Express delayed by 3–4 hours.
Many passengers have flight connections from Delhi Airport.
Request immediate intervention to reduce delay and manage priority movement.
@RailMinIndia@RailwaySeva@IRCTCofficial
Jis clarity aur confidence ke saath Mufti Shamail Nadvi ne jawab diya, usne atheistic arguments ko expose kar diya. Logic aur theology ke saamne sirf doubt kaafi nahi hota. Well done @muftishamail sahab. Respect for standing firm with knowledge and composure against Javed Akhtar
Jis clarity aur confidence ke saath Mufti Shamail Nadvi ne jawab diya, usne atheistic arguments ko expose kar diya. Logic aur theology ke saamne sirf doubt kaafi nahi hota. Well done @muftishamail sahab. Respect for standing firm with knowledge and composure against Javed Akhtar
Dhruv Rathee calls out Bihar 's unexpected election numbers and labels it a major scam.
He even challenge Election Commission and Modi govt to counter his six proofs from duplicate voters to voter deletions.
Respect for his courage to speak up with data when many stay silent.