I find it odd when people turn businessmen into role models, and this seems to have become more common in the last 5-odd years. It's the same with idolising movie stars and sports stars. None of it should happen, really. 😀
When people come to me for advice, my first reaction is: What makes you think I'm qualified?
Just because I've gotten lucky in business, does that make me qualified to advise you on your career, your life choices, or anything apart from how to get lucky? 😀
There are startup founders, especially people working in the social sector, whom I meet through @RainmatterOrg, and I think they are far smarter and more capable of giving advice than I am.
If you still pick a role model, pick someone for a trait worth admiring in real life, not because of what they project to the outside world.
Congratulations to the @FinMinIndia
As Foreign Portfolio Investors sold Rs 20000 Crores plus NET in a single day today. A record
India's worst performing major stock market trend gains further impetus
@PMOIndia@narendramodi massive course correction required
Factory clearance in India averages 180+ days. Vietnam does it in 30. Same product, same machines, same engineers. We didn't lose manufacturing to cheaper labour — we lost it to paperwork speed. And paperwork is the one thing that costs nothing to fix.
It’s all about the energy you are surrounded with !!
You can change it according to yourself,
but religion/ rituals set years ago won’t let you do it easily..
#DARVAS 🥸
A student once explained how wild pigs are trapped:
First, they are given free corn in the forest.
They return every day for the easy food.
Then slowly, fences are built around them, one side at a time.
At first they resist. Then they adapt.
Finally the gate shuts and the pigs, now dependent on the free corn, have lost their freedom without even realizing it.
That is how freedom often disappears in societies too. Not suddenly through force, but gradually through dependence.
Free rations. Free electricity. Free cash transfers. Endless subsidies. Political promises of “something for nothing.”
Each may appear harmless in isolation. But over time, citizens begin depending more on the State than on their own enterprise, effort and initiative.
And when dependence grows, freedom quietly shrinks.
A nation becomes truly strong not when more people vote for benefits, but when more people create, build, innovate and contribute.
There is no free lunch.
Someone always pays the bill.
And sometimes, the hidden cost is freedom itself.
Respected @nsitharaman ji and @FinMinIndia ,
Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.
A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.
India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.
The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.
Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.
India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.
Respectfully submitted.
Our main problem is Indian business houses r only selling icecream ,biscuit,vegetables,salt ,bread etc .They simply can’t take risk in tech & innovation.
Taiwan’s rise, driven by TSMC, has been remarkable.
However, India’s strength is derived from its broad-based economy and its diversified resilience, supported by entrepreneurship, strong domestic demand, and sustained long-term growth.
@kushkatakia Indira Gandhi's DPCO and Patent Act made the Pharma story happen .
Rajiv Gandhi made IT happen, saying " We missed the Industrial revolution. We must not miss the IT revolution"
Vishvesh bhai now retail traders r opening trading acc to trade is US mkt ,if she doesn’t act now then there won’t be any retail investors left to absorb the fii selling.
FINANCE MINISTER NIRMALA SITHARAMAN SAYS GOVT IS OPEN TO RE-EVALUATING TAX SYSTEM, WILL LISTEN TO STOCK MARKET INVESTORS’ DEMANDS AND INPUTS
Finally !!!
With folded hands , I appeal to all Gurudwaras, Temples , Church, Mosque and all religious bodies to come forward and monetise extra gold reserves …use funds for public health and education ..
Serving the nation , helping the needy is real worship!
50% return in less than a month..
Warren Buffet massive success was heavily influenced by the sheer luck of being born in America, rather than claiming to be entirely self-made or uniquely intelligent.
"He himself said this"
#DARVAS🥸
The day Indian retail Investors fully shift towards US markets,
#Rupee will find itself in #hell.
Govt still has time to rethink!!
Don't ignore the Voice of Indian Investors, respect them !!
📢Abolish #LTCG ,Reduce #STCG,
No to multiple charges.
#DARVAS🥸
India is home to nearly 18% of the world's population, yet has only about 2.4% of the world's land area and around 4% of global freshwater resources.
Supporting one fifth of humanity with limited natural resources is both India's greatest challenge and one of its greatest achievements.
The question is not whether India has enough resources.
The question is whether we can use our resources, talent, technology and institutions efficiently enough to support one fifth of humanity.
Productivity, not population, will determine India's future.