Bro copied the standards for Ethanol policy from USA, but didn't copy their testing results and implementation.
Even today, E20 is not mandated in the USA. Standard American gas stations predominantly sell E10 fuel, which holds over 95% of the market share. Higher ethanol blends like E15 have only a 1–2% share.
The USA tested E15 and E20 across 86 vehicle models and 6 million miles (96 lakh miles) in 2011, based on which E15 was approved only for new cars that were E15 compliant, while older cars continued to get E10. E20 was not mandated due to engine wear concerns in non-compliant cars, which were in the majority in the USA. And most importantly, unlike India, the USA made their studies public.
So what kind of policymaking is this? If you want to copy, either copy everything: the standards, the test results, the implementation, the way ahead, or don't copy anything at all.
That’s why I said earlier that there is no transparency in option trading after 3:15 on expiry day. Only Market movers will make money. This is pure gambling.
For transparency stop option trading at 3:15 pm.
@SEBI_India@FinMinIndia
This is what happened on expiry day
Sensex 78,000 Call went from 2 to 80
Sensex 78,000 Put went from 166 to 0
Why? The indicative equilibrium price which was 78,860 till 3.28 suddenly became 79,080 at close. This is not right. This is turning option trading into gambling. At this rate, nobody will be willing to sell options.
Hi @SonyLIV , I'm a ₹1499/year LIV Premium subscriber, but I'm getting unskippable ads every few minutes, even while watching Scam 1992. The same issue occurs on both Android phone and Android TV. Is this the new Premium experience? Very disappointing. #SonyLIV
@SonyLIV Changing the viewing experience/terms in the middle of an already-paid annual subscription is extremely unfair to existing customers. Simply sending a link to the current Terms & Conditions does not address the fact that this was not the experience I paid for.
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Hi @SonyLIV , I'm a ₹1499/year LIV Premium subscriber, but I'm getting unskippable ads every few minutes, even while watching Scam 1992. The same issue occurs on both Android phone and Android TV. Is this the new Premium experience? Very disappointing. #SonyLIV
Yesterday’s final NIFTY 50 candle was not a mistake.
The average five-minute candle range was 13.93 points. The final CAS candle moved 200 points, over 14 times larger.
It reflects the closing price set through India’s new Closing Auction Session.
Here is how CAS works and what it changes for F&O traders. 🧵
JNU STUDENT EXPOSES MODI’S EXAM HYPOCRISY 🔥
REPORTER: PM Modi spent two hours at the airport so students would not face traffic disruption. What more do you want from him?
NEHA 🎯: Modi ji does Pariksha Pe Charcha very well, but when the exam paper gets leaked, he does not do charcha on that.
REPORTER: So what should the PM do?
NEHA ⚡️: If he really wants to cooperate with students, he should remove the minister sitting in his own cabinet who has destroyed the future of crores of students.
REPORTER: Why are students still sitting at Jantar Mantar?
NEHA 🔥: Students are not here for fun. They were forced to leave their preparation, risk their future and sleep on the road until Modi makes his useless minister resign.
Uncertainty/randomness will make:
A good system look broken in the short term...
... and a bad system look brilliant.
A bad trader look like a genius…
…and a good trader look like a complete idiot.
If you don’t understand this, you'll keep drawing conclusions from noise.