If MTF is fuelling market volatility & exposing retail investors to excessive risk, why are brokers promoting it aggressively? Shouldn’t SEBI & FM tighten regulations? @nsitharamanoffc
'Industry MTF Book Estimated At Rs 1.40 Lakh Crore Vs Rs 1.47 Lakh Crore As Of Wednesday'
Dhiraj Relli, MD & CEO, HDFC Securities To @CNBCTV18News
- Seeing pain in mid and smallcaps after August highs
- Jio IPO may have triggered a liquidity shift
@Nigel__Dsouza @Reematendulkar @_prashantnair @dhiraj_relli @hdfcsec
#Midcaps #Smallcaps #MTF #JioPlatforms #CNBCTV18Market #Market
Katyusha retweeted
Ease of doing business for Indians in India! Compliance keeps getting complex so much so that half the entrepreneurs spend a considerable part of their month filling and filing forms.
The EDF (Export Declaration Form) rules are now in effect, and it seems like RBI and banks have conspired to create a new hell. Or actually 5 hells.
I consult for an American company. Raised October invoice. Received the Inward remittance. And bang! Mail from @HDFC_Bank detailing everything needed before the payment can be processed.
Let me tell you what the 5 hells are:
1. The hell of confusion – RBI clarified last month that the EDF rules do not apply to individuals. But looks like they haven’t told the banks. And CAs also don’t seem to know. There’s no official communication on who is exempt. Last I checked, I was an individual. No company, no LLP. But HDFC still wants me to file the EDF to credit my payment.
2. The hell of complexity – See the attached pic of the form the bank has sent in excel. It has 5 sheets. To be filled and submitted. Some abstruse acronyms like “AD” - no clue what it means. Some fields are mandatory. Some fields are to be filled by the bank. No idea which is what. And it needs a physical signature. Which leads to...
3. The hell of paperwork - They also sent a pdf with a bunch of request letters. I’m supposed to choose the right letter, print, sign, scan and submit. Creating more paper today is incredibly silly. And, I suppose, someone in the bank will have to upload all this somewhere. Reminds me of those hand-filled immigration forms. Pointless.
4. The hell of repetition – At least for me, most of the details are constant. One client, one payment. If it’s a one-time exercise, fine. I’ll grit my teeth and get it done. But no. These details have to be given month after month. Else… no payment will be credited.
5. The hell of unpreparedness – It would have been simple enough for RBI or HDFC to create an online portal for this. With dropdowns, saved formats, contextual help, etc. to at least make this easy. But that would be too convenient, no? So, they’ve chosen to dump the entire burden on the taxpayer.
I have no opinion or understanding of why this is needed. Maybe it is critical information. Okay! But why make the process so confusing and painful?
And poor communication has meant that the banks have just passed on the pain to the exporter, and even CAs can’t help.
Basically RBI & HDFC feel I should consult less, and comply more. Maybe my client will also agree :)
Katyusha retweeted
Rupee Falls to its Weakest Level in Over Two Months as Downward Spiral Continues
The rupee is Asia’s worst-performing currency and had been declining well before the US-Israel war on Iran, which has further led to its downfall.
thewire.in/economy/rupee-fal…
Katyusha retweeted
The forms submitted by Balachander, [BLA linked to BJP] contain the names of Muslim residents from the same slum in Chikkadapally. They’re all his neighbours. None of the 30 names Balachander has submitted meet the criteria for deletion.
Form 7 is used to seek the deletion of a person’s name from the electoral rolls if they are deceased, have shifted elsewhere or have two voter IDs.
None of these criteria applied to the 30 Muslim residents of Chikkadapally.
@AnjanaMeenakshi reports.
newslaundry.com/2026/10/03/h…
This is crazy! 8 straight weeks now. If they can’t manage it, perhaps it’s time to let someone else take over!
Indian stock markets fell on Thursday. As of 2 pm, the Sensex was down 1,063 points at 71,575.16, while the Nifty had fallen 359.45 points to 22,243.60.
The fall came a day after the Reserve Bank of India (RBI) reportedly increased its key interest rate from 5.25% to 5.50%. Both the Sensex and Nifty had also ended Wednesday lower.
#Sensex #Nifty50 #StockMarket #RBIPolicy #OutlookIndia
[[Sensex crash, Nifty 50, Indian stock market, RBI repo rate, stock market today, BSE Sensex, NSE Nifty]
Katyusha retweeted
𝐒𝐞𝐧𝐬𝐞𝐱 𝐜𝐫𝐚𝐬𝐡𝐞𝐬 𝟏,𝟎𝟎𝟎 𝐩𝐨𝐢𝐧𝐭𝐬: 𝟓 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐰𝐡𝐲 𝐬𝐭𝐨𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐟𝐚𝐥𝐥𝐢𝐧𝐠 𝐭𝐨𝐝𝐚𝐲
Benchmark indices came under heavy selling pressure on Thursday, with the Sensex falling more than 1,000 points and the Nifty dropping over 1.5%.
The sell-off comes a day after the Reserve Bank of India raised the repo rate and shifted its policy stance towards calibrated tightening, while rising crude oil prices, continued FII selling and a weaker rupee added to the pressure.
Read More: intdy.in/lcfp77
#Sensex #StockMarket @Vivek15Sonu
Katyusha retweeted
#MarketsWithBS | #Sensex plunges 984 points, #Nifty slips below 22,300 as rising #oilprices trigger a risk-off selloff. Brent crude surges nearly 3% on supply concerns, adding to market pressure.
LIVE updates 👉 business-standard.com/s/2gA0…
#marketcrash #sharemarket #stockmarket #markets
Katyusha retweeted
Maharashtra FDA crackdown | Serious violations observed by the FDA
FDA action at Mumbai's ISKCON
IRCTC suppliers licence also suspended
Tune in for more details
#MaharashtraFDA #FDA #Mumbai #ISKCON #FoodSafety #FoodSafetyViolation #IRCTC | @anjalipandey06
Katyusha retweeted
Vikram is ignoring the risk we have taken on. If the rupee does not strengthen rapidly we will be held holding the can
How India Built A Dollar Magnet And Attracted $130 Billion In Just Weeks
And why the next step should be Big Bang forex reforms.
youtu.be/4U4bDK6flJE?si=od6x…
Katyusha retweeted
Left London to serve India, brought water to UP village: Divya Mittal ends 13-year IAS career indianexpress.com/article/ci…
Katyusha retweeted
Government backed gambling! 🎰 🎰
Sensex 10 rupee puts went to 300 & settled at 65.🤯
Bankex 2 rupee puts went to 400 & settled at 185.🤯
Price discovery of Vishwaguru Index & Atmanirbhar markets!
#CAS #rollbackCAS
Katyusha retweeted
CAS chaos continues today it was turn of Bankex due to very low volumes. Massive surge in Put prices
@_anujsinghal #CAS #StockMarket #Bankex
Katyusha retweeted
If True many congratulations to my friend Subhash.Banks and Government have admitted having recovered Rs 14,100 crores from me against a Judgement debt of Rs 6203 crores. Many more borrowers have settled at a fraction. Indian Debt Resolution Justice I presume. No media questions.
Katyusha retweeted
Lenders are left taking a staggering ninety-nine percent trim on a massive personal debt pile | Insolvency tribunal NCLT on Tuesday approved a personal insolvency repayment plan under Section 114 of the IBC under which media baron Subhash Chandra will pay Rs 6.5 crore to settle admitted creditor claims of about Rs 22,006.57 crore, translating into a nearly 99.97 per cent haircut for lenders as Judicial Member Nilesh Sharma rejected objections that the recovery amount was too meager to warrant approval
📖 FULL STORY ➠ ow.ly/ja1950ZFJNA
#NCLT #Banking #Finance #IBC #Economy #India
Katyusha retweeted
Our @IndianExpress piece asks 3 questions on manufacturing (mfg.) in the recently revised national income accounts. Why:
-mfg. deflator growth was negative
-mfg. value added (GVA) growth is twice that of Index of Industrial Production (IIP) &
-GVA & IIP are weakly correlated
1/
Katyusha retweeted
This is the MOST BIZARRE thing you’ll read today
I’d asked the Election Commission to provide details of all official visits undertaken by CEC Gyanesh Kumar & the expenditure incurred from public funds.
Guess what?
ECI has refused to provide the information claiming that it is “personal information”
👉 How can expenditure incurred on official visits from public funds be called “personal information”?
👉 Even the cost of PM’s foreign travel has been disclosed in Parliament. So what makes Gyanesh Kumar so special?
👉 What sort of public money has been spent on Gyanesh Kumar’s visits that ECI is scared to disclose it?
Ever since Modi-Shah appointed Gyanesh Kumar as CEC, the ECI has become a black hole. A constitutional body is being run as a personal fiefdom of Modi-Shah & Gyanesh Kumar. Be it SIR or spending of public money - ECI has ZERO accountability or transparency.
What exactly is ECI trying to hide about Gyanesh Kumar’s trips? We need answers.
Katyusha retweeted
Important point by Ankit Thakker of @JupiterLifeline
The poor are covered by govt schemes. The rich are taken care of by the insurance schemes. What about the people in the middle ?
Not poor enough & not rich enough !
#Hospitals #Pharma #Nifty #Investing
"It's the missing middle who pay out of pocket… who need support"
Ankit Thakker, Jupiter Hospital tells @ekta_batra and @_prashantnair that India’s real healthcare affordability challenge sits in the ‘missing middle’!
@JupiterLifeline #Hospitals #Investing #Nifty #CNBCTV18Market #CNBCTV18MarketForum