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    Updates from RBI announcements

    The announcements on 17 Apr were expected to focus on relief packages for the MSME sector. In anticipation, the markets were in positive territory by a clear 3+ %. Points below are paraphrased from the speech of RBI governor. Context RBI has been proactive in the very critical situation...
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    TESLA to be included in the S&P 500 index: The biggest addition in history

    Will be added on Dec 21 (Could be in 2 tranches) News sent TESLA shares up 13 percent after hours This addition could minimise the gap between S&P 500 and the Nasdaq index going forward (TESLA has gone up around 400 percent in 2020) The company it replaces in the index will be revealed later...
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    [PSA] Motilal Oswal MF to reopen 3 global funds for lump sum investments

    https://www.livemint.com/mutual-fund/mf-news/motilal-oswal-mf-to-reopen-3-global-funds-for-lump-sum-investments-11669126983620.html
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    GST Collection Sets Historical Record, Exceeds Rs 1.87 Lakh Crores in April-2023: PM Modi Expresses Joy

    The Goods and Services Tax (GST) collection for April-2023 has set a new historical record in India, exceeding Rs 1.87 lakh crore. This is an increase of 12% compared to the same period last year when the GST collection was Rs 1,67,540 crore. The Finance Ministry reports that CGST collection is...
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    Zerodha has moved to PIN, TOTP based 2fa for login!

    More detailed post here: https://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/an-all-new-login-flow-for-kite
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    SEBI's Analysis of Profit and Loss of Individual Traders in F&O

    From https://www.sebi.gov.in/reports-and-statistics/research/jan-2023/study-analysis-of-profit-and-loss-of-individual-traders-dealing-in-equity-fando-segment_67525.html Losers 9 out of 10 individual traders in equity F&O segment incurred losses. 90% of the active traders incurred average...
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    [OTHER] Presidential Memorandum

    Memorandum on Authorizing the Other Needs Assistance Program for Major Disaster Declarations Related to Coronavirus Disease 2019 ECONOMY & JOBS Issued on: August 8, 2020 MEMORANDUM FOR THE SECRETARY OF LABORTHE SECRETARY OF HOMELAND SECURITYTHE ADMINISTRATOR OF THE FEDERAL EMERGENCYMANAGEMENT...
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    Saudi Arabia’s PIF set to pick up 2.33% stake in RIL’s Jio for $1.5 billion

    Saudi Arabia’s wealth fund Public Investment Fund (PIF) is all set to pick up a 2.33 per cent stake in Indian oil-to-telecom conglomerate Reliance Industries' Jio, for an estimated $1.5 billion. If PIF comes on board, Jio Platforms will have diluted 25 per cent of its equity, the report said...
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    Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History (Hindenburg Research)

    EDIT: Adani group has released an official statement in response to Hindenburg report. Including a link to their official tweet for everyone's reference: Sharing this article here as I feel it might be of interest to a lot of us who're invested into Adani group companies, either directly or...
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    [Colorado] Being told if I request now I shut my claim down, but was told I had to or I’ll have a delay in payments?

    IMPORTANT UPDATE: CDLE has clarified that e-mail was for regular UI claimants. It seems that the site has been updated to not send out that warning anymore, I was just able to submit without reaching the “shut down your claim” page showing up. Please visit...
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    Debit card, credit card auto-payment rules change from April

    Update: Reserve Bank of India (RBI) has decided to extend the timeline for the stakeholders to migrate to the framework by six months, i.e., till September 30, 2021. source For auto-payments from debit and credit cards or via wallets, an additional authentication by the customer will be...
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    Qualcomm to invest Rs 730 crore in Jio Platforms for a 0.15% stake. JIO Platforms bull run continues with 12 investement in less than 2 months

    Source : - https://economictimes.indiatimes.com/industry/telecom/telecom-news/qualcomm-ventures-to-invest-rs-730-crore-in-jio-platforms-for-a-0-15-stake/articleshow/76927277.cms
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    L&T Mutual Fund launches L&T Business Cycles Fund

    Any thoughts on this fund? i am hearing this is a new concept and this is a good time (ofcourse, timing anything is BS!)
  14. Z

    Stimulus/Revival Package - Tranche 5 - May 17

    Notes from the FM's press conference Intro Today's is the last tranche "The pandemic has given a message to India, and an opportunity" So far - DBT done since lockdown - 16.9K cr for Kisan Samman, 2.8K cr for other pensions, 10K cr to women having Jan Dhan accounts, 3,9K cr for construction...
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    Walmart U.S. Q1 comps grew 2.1% and Walmart U.S. eCommerce sales grew 33%

    https://www.businesswire.com/news/home/20180517005617/en/
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    H1B visa restriction

    https://timesofindia.indiatimes.com/india/us-mulling-15-cap-on-h-1b-visa-for-indians/articleshow/69867049.cms US plannig to put H1B visa restriction on india to counter data localisation, if this plan goes forward wouldn't this cause IT stocks to tumble.
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    [Virginia] VEC SYSTEM Upgrade...way too late.

    New Virginia Unemployment Insurance System (VUIS) beginning October 2021! Online services will be unavailable starting at noon on September 29. Telephone services through the Customer Contact Center and IVR (telephone system) will remain available during business hours through September 30...
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    Chipotle Founder to Step Down as CEO After Comeback Falters

    Chipotle Mexican Grill Inc. founder Steve Ells agreed to step down as chief executive officer after struggling to pull out of a two-year slump, a shake-up that sent shares of the burrito chain surging. CMG share price, Bloomberg And part of the official press release from Chipotle:
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    Cobrapost exposé finds DHFL promoters siphoned over ₹31,000 crore

    ... ... Source: https://www.newslaundry.com/2019/01/29/cobrapost-expose-finds-dhfl-promoters-siphoned-over-rs31000-crore-of-public-money Presentation:
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    TATA in coming days ⬇️?

    Tata Sons seeks to sell 2.34 crore shares of TCS at Rs 4,001 per share via block deals. https://www.moneycontrol.com/news/business/markets/tata-sons-seeks-to-sell-2-34-crore-shares-of-tcs-at-rs-4001-per-share-via-block-deals-12481601.html
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