The news about import duties on gold and silver going up to 15% came late last night. The interesting thing: neither open interest, prices, nor volume in Gold and Silver showed any unusual moves in the hours leading up to the announcement.
If this had happened in the United States, I’m fairly sure some of the people close to the decision-making process would have found a way to trade it, either through regulated futures markets, other derivative contracts, or prediction markets like Polymarket and Kalshi.
We’ve seen versions of this with crude. And during the Iran conflict, too, there were all these reports and allegations about people around the government trading through futures, contracts, and prediction markets before or around important announcements.
It’s kind of insane how casually people in power seem to monetize privileged information. At some point, this stops looking like “market participation” and starts looking like blatant insider trading with better branding.
Just another reason why Indian markets, despite all their flaws, are far more tightly controlled in these grey zones than many Western markets.
Billionaire Michael Milken joked “if a US company replaces the US-born CEO with a CEO born in India, I buy the stock”
But he reveals he hasn’t backtested the idea.
So we did.
In the last 15yrs, that would’ve 50x’d your money: 7.5x more $$ and >2x IRR vs S&P500: 30% vs 14%!
Born in Bengal, raised in Bengal , I have seen its pride, its talent, and its industrial setbacks.
This was once India’s financial and industrial powerhouse - home to trade, enterprise, tea, jute, and big business, built by the collective spirit of many communities.
At the heart of Bengal has always been its people , especially the intellect, creativity, and cultural depth of Bengalis, which remain its timeless strength.
History may have slowed Bengal’s journey, but never its potential.
I hope this marks the beginning of a new chapter - where Bengal rebuilds, re industrializes, and reclaims the glory it truly deserves. ✌️
India has recorded its lowest-ever discovered price for green hydrogen at ₹279 (~$3.08)/kg in a tender for 10,000 tonnes per year supply to Numaligarh Refinery in Assam.
Supported by government incentives and cheaper renewable electricity, this milestone boosts cost competitiveness and marks rapid sector progress.
India’s ambition to achieve green hydrogen at USD 2/kg is not a distant dream anymore.
@sembcorp@BPCLimited@OilIndiaLimited
It is a matter of immense pride that the Northeast gets an Emergency Landing Facility. From a strategic point of view and during times of natural disasters, this facility is of great importance.
Our grandfathers made Dharamshala for poor people, setup hospitals . And we pay lakhs to Bhajan gayak for two hours, we pay lakhs to so called katha vachak for telling funny stories in name of Ram Katha.
Before trolling me give name of 10 Dharamshala or charitable hospitals set up in your city.
Kolkata is the only place in the world where the Hindus stand in queue to buy Christmas cakes from a Jewish bakery made by Muslim Baker to celebrate a Christian festival ❤️
Beauty of Kolkata ❤️
Happy Christmas 🎄
INDIA, INTERNET, INTERNATIONAL
If you're Indian, don't move to America.
Because the US left hates technocapitalists.
And the US right wants no more immigrants.
Moreover, as the sovereign debt crisis worsens...
It only gets worse. Possibly murderously worse.
So: Indian immigrant technocapitalists need alternatives. And there are three options: India, Internet, and International.
1. India
India itself is the world's fastest growing economy, with the #1 growth rate in the world over the last 10 years. Every major company is investing in India. So you can do well in the Indian economy:
2. Internet
The Internet is taking over from a fading NYSE/NASDAQ as the world's largest capital market. The decline of Delaware and NYC accelerate this; everyone from Elon to Elad Gil to a16z to Dropbox have moved out of Delaware for incorporation, and Mamdani is catalyzing a capital exodus to Miami.
So: the US is no longer a stable place for capital formation. And Solana and Ethereum already put Indians on a level playing field with the entire world, with digital rule-of-law. No one can discriminate against you in a smart contract simply for being Indian, so you can do well in the Internet economy:
3. International
Finally, at the exact moment that the US has stopped recruiting tech talent while India is generating enormous amounts of it, the rest of the world is opening their doors to digital nomads.
Dozens of places from the UAE to Singapore have created many different kinds of talent visas. And so Indian technologists have begun rerouting there, especially to Dubai and Singapore. So that's the third option: the International economy:
In short: do not expect the US to suddenly become more friendly towards immigrant capitalists. The long-term financial outlook is not good, so America is unfortunately no longer a good place to build a stable life and a career. Which is why Americans themselves are in a zero-sum mentality.
You can't fix that.
Instead, if you're an Indian technologist, rely only on TCP/IP rather than H-1B. And build yourself up in India, on the Internet, or internationally.
One Tejas crash.
One pilot gone.
And suddenly…
X is On Fire..
LinkedIn on Fire.
I saw the videos.
I saw the fake outrage.
I saw people milking tragedy for Trending.
Circulating crash clips like gossip.
Dropping “RIP” posts like Instagram filters.
Where was this energy for 50 years?
Where was the concern when 400+ MiGs fell?
Where was the outrage when 170+ pilots died?
Where were the hashtags when families shattered?
Silence.
Complete silence.
Because those jets were imported.
Those crashes were “normal.”
But the moment one Made-in-India jet goes down?
Suddenly everyone wakes up.
Suddenly everyone has an opinion.
Suddenly Tejas becomes a punching bag.
Suddenly Indian scientists become a joke.
Suddenly Indian engineers become memes.
Suddenly everyone becomes an expert on G-forces.
The hypocrisy is not subtle.
It screams.
I didn’t react for 24 hours.
I didn’t post condolences.
I didn’t amplify the crash videos.
Because the pilot deserves dignity.
But then… I saw the pattern.
Influencers pushing negativity.
Politicians jumping in for mileage.
Foreign lobby bots pushing,
“India can’t build jets.”
“Tejas is unreliable.”
So I dug into the data.
And it was hiding in plain sight.
Here is the total loss count for each fighter jet.
Ranked from highest to lowest.
F-16: 674 losses
MiG-21: 600 losses
MiG-29: 300 losses
F-35: 29 losses
Su-35S: 10 losses
Gripen: 9 losses
Rafale: 8 losses
Eurofighter: 8 losses
F-22: 6 losses
Su-57: 3 losses
Tejas: 2 losses
Now the average losses per year since service began.
This is where the truth hits hard.
F-16: 14.3 per year
MiG-21: 9.1 per year
MiG-29: 7.1 per year
F-35: 2.9 per year
Su-35S: 0.9 per year
Su-57: 0.6 per year
Typhoon: 0.36 per year
Rafale: 0.33 per year
Gripen: 0.31 per year
F-22: 0.3 per year
Tejas: 0.22 per year
Tejas is statistically one of the safest jets ever built.
Not just in India.
Globally.
And yet, this is the jet people mock.
So what they really want?
They want outrage against Bharat.
They want to shout “India can’t build.”
They want to feed their colonial inferiority.
They want to attack anything proudly Indian.
A jet crash is tragic.
Always.
But it is normal in aviation.
Every nation loses jets.
Every air force accepts risk.
Every aircraft has failures.
An inquiry committee will investigate.
They will give the facts.
Until then, we should stop humiliating our own country.
Tejas is a miracle.
A generational leap.
A symbol of India standing on its own feet.
A machine built by Indian brilliance.
Very soon we will have our own engine too.
And if the empire loyal crowd can’t digest that?
We don’t care.
Stop mocking our engineers.
Stop sharing crash porn.
Stop pretending to care.
Stop cheering for failures of Indian innovation.
Because here is the truth.
Tejas didn’t crash Bharat.
Bharat crashed the colonial mindset.
And some people just can’t handle it.
Jai Hind 🇮🇳
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