Earlier, Hyundai listed its Indian unit in India and freely repatriated about 2.8 USD billion by selling roughly a 17 percent stake. This exceeded its entire investment over the years. The unit’s valuation was higher than its parent company’s. Free capital movement boosts confidence.
@CMShehbaz But is Pakistan not supposed to defend under the pact, or is it just solidarity? I doubt Saudi Arabia had that in mind when entering the agreement.
With India, it was never about sanctions for Russia oil. It was all about pressure tactics to gain entry into Indian market for agri, dairy and other products in sensitive markets.
Today, at President Trump’s direction, the Office of Foreign Assets Control (OFAC) is immediately issuing a temporary general license to allow the supply of Russian diesel to the global market.
Sorry to say, it doesn't work like each one of us choosing what is good for each one of us. For nation, company, group of people, net collective interest has to be maximised. domestic jobs, capital formation, national security every aspect should be well examined before taking such decisions.
How convenient ! kept harping about sanctions on oil from Russia till it came about own national interest. Who would like to be ally to such group of people.
short story short, every nation is on its own. look out for what is best for your country, for your people.
#WATCH | US President Donald Trump says, "I think you heard about the oil deal with Russia. That is a big deal. That is massive amounts of oil coming into our country. I want to thank President Putin. We have massive amounts of oil coming into our country, and it is diesel, which is what we want."
(Source: US Network Pool via Reuters)
"Indentured servants." "Head of the snake." "Hellhole." "Laundromat for the Kremlin."
All aimed at India or Indians from the top of the US administration in about a year.
My read on world politics is limited by my experience, but have we seen this kind of animosity from Washington before?
There is indeed a foreign hand in the market sell off - it’s called the FII.
Today:
FII net sold ₹12944 cr
DII net bought ₹10703 cr
P.S: I discussed this problem in yesterday’s video shared with our paid Youtube members
For young, gullible minds: unless you have political aspirations, don’t waste time on activism. Focus on your craft and further your cause. Don’t get fooled into wasting precious time and mental bandwidth. Don’t become a pawn in someone’s scheme.
Be the hero of your own life.