Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:
Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help.
On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead.
He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows.
If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.
Iran is a seasoned adult on the world stage. 7,000 years old. Entire civilizations have risen, grown old and senile, and crumbled in a moment of Iran’s history. China, India, Egypt, as a matter of fact the entirety of Africa, because Africa is our mother and everything traces back to it. Greece, Italy, the indigenous of the Americas. These are people who’ve been around and seen shit. The United States, on the other hand, is 249 years old. A destructive teenager. Israel is its baby brother. Both are bastards of the British.
Dear @UIDAI , I have placed an order for the PVC Aadhaar card, but it has been showing 'print on hold' for the last 17 days. Could you please provide me with the reason for this delay?