@Rezang_La AI threat to our IT sector is real. IT is the major source of bringing forex to India(USD, Euro etc). And there is a lot of uncertainty over their future revenue. This is now coupled with Oil shock. Even if war stops tomorrow & oil starts trading near $60, INR won't recover much.
I spent 100 hours over the past week researching, writing and editing the piece we just put out.
It’s a scenario, not a prediction like most of our work. But it was rigorously constructed, dismissing it outright requires the kind of intellectual laziness that tends to get expensive.
And we’ve released it for free. Hopefully you enjoy it.
https://t.co/YK8E11GcDU
@mujifren Have met so many JEE aspirants in the last few years. Many of them have not even heard about Irodov, let alone solve those complex physics problems.
SpaDeX Docking Update:
🌟Docking Success
Spacecraft docking successfully completed! A historic moment.
Let’s walk through the SpaDeX docking process:
Manoeuvre from 15m to 3m hold point completed. Docking initiated with precision, leading to successful spacecraft capture. Retraction completed smoothly, followed by rigidisation for stability. Docking successfully completed.
India became the 4th country to achieve successful Space Docking.
Congratulations to the entire team! Congratulations to India!
🛰️🛰️
#SPADEX #ISRO
A single fairly unknown Dutch company makes maybe the most expensive and complex non-military device ($200M) that builds on 40 years of Physics and has a monopoly responsible for all AI advancement today.
Here's the story of ASML, the company powering Moore's Law..
1/9
Gautam Adani is an Indian magnate.
He’s built ports, roads — everything.
One of the most prominent men in India.
Now comes the Democrat DOJ.
Indicting an Indian doing business in India.
For some ostensible violation of US law!
Why? Adani is perceived as center right.
And Democrats are now far left.
So it’s just lawfare across borders.
Like their attacks on Elon.
And on Israel’s right.
And on European conservatives.
But…I doubt the Trump admin continues it.
UPS v NPS, an example (Read till end)
1) You make 1 lakh per month & save 10k in NPS.
2) After 30 yrs, at 10% CAGR & step-up you get a corpus of 6.4cr.
3) You use it all for annuity. Rate is 6%.
4) You get 18% of final salary* as monthly pension. Govt employee gets 50%. And...
While we all are upset with increase in #LTCG#STCG in #Budget2024 one reasoning to bring all asset class at par might be bcoz people evading taxes(rich farmers, HNIs etc) do invest that money in RE, Gold, FD & recently into equities to make it white. No other way to tax them.