@FI_InvestIndia@nitin_gadkari This is a serious concern for vehicle owners. There must be a clear demarcation of fuels. Consumers shouldn't be forced to buy E20 petrol; we deserve the choice to buy normal petrol, even at a premium. As citizens, we have a right to full product transparency. @nitin_gadkari
IRANIAN MEDIA: THERE WAS NO DIRECT OR INDIRECT CONTACT WITH TRUMP AND CLAIMS HE WITHDREW AFTER THREATENING TO ATTACK WEST ASIA ENERGY FACILITIES - SOURCES
With depopulation, massive debt (340% of GDP), and falling productivity, Ruchir Sharma argues Chinaโs true long-term growth potential may only be 2โ3%.
To keep growth going, Beijing is over-investing and flooding the world with cut-price exports, hollowing out industries across Asia and Europe. But the model itself is breaking.
A key sign of stress is that it now takes $6 of new debt to generate $1 of GDP growth in China, up from $1 two decades ago.
My Demand: Make Long Term Capital Gain TAX on Equities NIL for individual investor.
I welcome the hike in STT (security transaction tax) on derivatives as it can curb reckless speculation. Nearly 90% of retail investors lose money in F&O, turning markets into gambling.
When STT was originally introduced, LTCG was zero. But now with both STT and LTCG in place, investors are disincentivised.
I urge the govt to abolish LTCG on equities for individuals, as done in Switzerland, Singapore, UAE & others. This will boost household wealth, reduce speculation, and shift savings from gold & real estate into equities.
@cb_doge How will one manage the uncertainity of asteroid/ solar flares etc. The space will eventually get crowded with other countries/companies too vying for the spot. We have lot of space on earth itself, rather going too far ...