#MCMasterclass ⚡️ "We are going to see growth stocks & everything associated with high risk including cryptocurrencies go through a correction associated with it", says @darshanbathija of @VauldOfficial.
#MCMasterclass ⚡️ "Corrections are a normal thing in any investment class. The timing is important this time around with inflation and fed rates hike", says @simplykashif of @Bitinning.
#MCMasterclass ⚡️ "We are seeing people accumulating further assets to bring down the cost of each of these asset classes in the hopes of selling it in the next bull run," says @darshanbathija of @VauldOfficial.
#MCMasterclass ⚡️ "I'm sure that not more than 1-2% of people have an understanding of how an algorithmic stable coin like Luna works, " says @simplykashif of @Bitinning.
#MCMasterclass ⚡️ "In regards to crypto, tax department will be releasing a guidance in July, which will have further rules, more details on enforcement, " says @tanvi_ratna of @Policy4_0.
#MCMasterclass ⚡️ "Crypto isn't a quick rich scheme. If you want to be speculative and take risks, allocate a small portion of your portfolio," says @simplykashif of @Bitinning.
⚡️ This is where it all started, when #MCInsider wrote an item about a dealer at a fund house driving around in a Lamborghini, pointing to disproportionate assets to income (May 2).
ON May 4, just 2 days later, #AxisMF suspended two of its officials/fund managers. The names of the fund managers (one of whom was the chief dealer) coincided with the word on the street that one of them was the suspect, driving the said Lamborghini, as also broken by #MCInsider.
⚡️ ON May 6, MC broke the story that the fund house had suspended Joshi, along with assistant fund manager Deepak Agarwal, on allegations on irregularities.
#MCMasterclass ⚡️ "Crypto isn't a quick rich scheme. If you want to be speculative and take risks, allocate a small portion of your portfolio," says @simplykashif of @bitinning.
#MCMasterclass⚡️ "Same person has a different behavioural mindset when they invest in stocks and in crypto. As the market grows and so does the education around it, things will fall in place," says @simplykashif of @bitinning.
#NewsAlert: Cabinet approves Amendments to National Policy on Biofuels -2018.
Stay tuned for more details!
Main amendments:-
🔹More feedstocks for production of biofuels
🔹Advance 20% ethanol blending to ESY 2025-26 vs 2030
🔹Units located in SEZ/ Export Units (EoUs)
🔹To add new members to NBCC
🔹Permission for export of biofuels in specific cases
🔹To delete/amend phrases in Policy.
Cabinet empowers boards of CPSEs to decide on closure, divestment of units/ subsidiaries: Official statement.
India’s #power situation may be “comfortable” in May-Aug, but could be challenging in Sept-Nov if #coal supply is impacted during monsoon, @IEX_India_ CMD Satyanarayan Goel told @rachitaprasad.
In May, wind will pick up and we will get almost about 150 million units of extra generation through #windenergy, said Goel in an interview with @rachitaprasad.
@Nithin0dha@PriyankaIyer@zerodhaonline@Nithin0dha says that "The problem with raising money at high valuations is that once you've set the wrong expectations to your investors, then you have to do whatever to meet those expectations."