Journalist, samosa pav enthusiast, rule of three loyalist. Senior Correspondent - Markets at @moneycontrolcom, ex @etnowlive @financialxpress
Joined October 2015
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Zoya Springwala retweeted
It has been 120 hrs, without any answer for the entire group of Richa Tours
Zoya Springwala retweeted
One of the best explained graphical representation of the Glacier and Flash Flood incident of Nepal Tibet/China. Thanks @mikebettes
Though i am still in search of my missing brother from the same incident.
Zoya Springwala retweeted
Please share, my friend’s parents are missing after the flash floods in Nepal.
Zoya Springwala retweeted
Both Samir and Aparna Joshi were travelling with Sarita
They are from Thane
@Dev_Fadnavis @CMOMaharashtra
Request you to help 🙏🏽
*Urgent Missing Person Appeal — Mrs. Sarita Kamath, Age 55*
My mother, *Mrs. Sarita Kamath*, age 55, is missing following the floods near the Nepal–Tibet border. She was traveling with a group of about 40 people.
*Last contact:* 7:45 AM on 26 August
*Last known location:* Near the Nepal–Tibet immigration office
*Travel agency:* Richa Tours and Travels, Nepal, booked through Hills and Trails Travel Agency, Mumbai
We have not been able to contact her since then and are deeply worried for her safety. If anyone has information about Mrs. Sarita Kamath or the group, please contact us immediately.
*Contact numbers:*
Pradeep Kamath — +971508763201
Prashant Kamath — +917259458855
Poornima Pai — +918050300803
Anthony Crasto — +919769105088
Prithvi Kamath — +971566775475
Please share widely.
@MEAIndia @IndiaInNepal @NDRRMA_Nepal @EOIBeijing @CMOMaharashtra @MofaNepal
#nepal #china #rescue #information
Zoya Springwala retweeted
*Urgent Missing Person Appeal — Mrs. Sarita Kamath, Age 55*
My mother, *Mrs. Sarita Kamath*, age 55, is missing following the floods near the Nepal–Tibet border. She was traveling with a group of about 40 people.
*Last contact:* 7:45 AM on 26 August
*Last known location:* Near the Nepal–Tibet immigration office
*Travel agency:* Richa Tours and Travels, Nepal, booked through Hills and Trails Travel Agency, Mumbai
We have not been able to contact her since then and are deeply worried for her safety. If anyone has information about Mrs. Sarita Kamath or the group, please contact us immediately.
*Contact numbers:*
Pradeep Kamath — +971508763201
Prashant Kamath — +917259458855
Poornima Pai — +918050300803
Anthony Crasto — +919769105088
Prithvi Kamath — +971566775475
Please share widely.
@MEAIndia @IndiaInNepal @NDRRMA_Nepal @EOIBeijing @CMOMaharashtra @MofaNepal
#nepal #china #rescue #information
Zoya Springwala retweeted
My Uncle and Aunt have gone missing in the devastating floods in Nepal. We have no news about them and have been unable to establish any contact.
Please help us find them. Any information can make a difference.
@MEAIndia @Dev_Fadnavis @DrSJaishankar
#NepalFlood #MissingPersons
Zoya Springwala retweeted
#MCExclusive 🚨 | Discussions underway in the government on cutting gold, silver duties
Bullion traders and representatives from the jewellery industry have been pushing for the duties on gold and silver to be scaled back from the current 15 percent.
break by @adrijac | @PriyanshVerma4 | @ZoSpringwala ✍
More details from the link in thread.
Zoya Springwala retweeted
If someone tells you it's raining and another tells you it's dry, it's not your job to quote them both. It's your job to look out the fucking window and find out which is true.
- Jonathan Foster (On journalism)
SUGAR PRICES RISE: WHY ETHANOL IS NOT TO BLAME
HERE'S THE CENTRE'S PoV:
• Sugar rose from ₹48.18/kg on July 20 to ₹55.70/kg on August 20.
• The Centre says the spike is not because of ethanol diversion.
• Sugar diverted for ethanol actually fell from ~12% in 2022-23 to ~9% in 2025-26.
• Nearly three-fourths of India’s ethanol now comes from grains, especially maize.
• Sugar production is expected at 306 LMT, below the initial 343 LMT estimate.
• Red Rot, Top Borer and waterlogging have hit sugarcane output.
• Festive-season demand, global supply tightening, speculation and hoarding are also pushing prices up.
• Global sugar prices jumped 16%, from $474/tonne to $552/tonne since June 30.
• Yet India has adequate stocks to meet domestic demand until the October crushing season.
• Ethanol diversion has helped mills manage surplus sugar, improving their finances and farmer payments.
• 97% of 2025-26 sugarcane dues have already been paid; industry subsidies have also fallen sharply since 2021.
• The Centre is acting: 400-tonne dealer stock limits, inspections, duty-free import of 10 LMT raw sugar and earlier crushing to boost festive-season supply.
Zoya Springwala retweeted
#MarketsWithMC | 🚨 Nearly 9 in 10 F&O traders lost money in FY26; losses hit Rs 91,685 crore even as participation fell
SEBI’s FY26 derivatives study shows 87.7% of individual traders lost money, while active participation fell 18% and options accounted for 92% of losses.
@BrajeshKMJi reports
moneycontrol.com/news/busine…
PVR’s latest stroke of genius: hide popcorn prices. I guess they got sick of the trolling and now prices are hidden from the menu entirely.
It’s still available, but you just don’t know how much it costs until you’re at the cashier. Kudos to the MBA buffoon that came up w this
Zoya Springwala retweeted
Had this happened on expiry day, the market would have been staring at a full-blown disaster !
A few thoughts,
1. On expiry days - even when cash prices shut at 3.15 PM - option premiums will continue to be high because - when anything can happen in the next moment who will want to square off ? So the natural time collapse of the premium won't happen !
2. Wouldn't mutual fund NAVs go haywire ? If someone had given sale notice today - he/she get today's high but 'wrong prices'. And tomorrow pre-open should gap-down ?
3. If there was a index rebalance today - wouldn't the fund have rebalanced at the 'wrong price' ?
Problem seems to be that markets did not have the required depth. The system & tech may have worked as they were supposed to - but did we get better & more accurate prices ? The answer is an obvious & clear No !
The idea was to reduce tracking error for index itself - the problem is the index itself became a tracking error.
I know it was only Day 1 & things should get better as everyone gets the hang of it - but still - it would not be a bad idea for everyone to look at the unintended consequences of this.
#Nifty #BankNifty #CAS #Auction #ClosingAuctionSession #Trading #Investing