@Trinhnomics Indian trade deficit is $300B, expected FCNR forex inflows due to RBI hedging incentive are 60B. @ ~3% hedging cost that is 2B spent by RBI. That is recovered if Rupee fall is just 0.7% less due to this action.
It has already had a higher benefit.
Punjabi Song used in a Chinese School for Children's Morning fitness class aur ek hamare school...
"May I go to toilet" par bhi bitha diye jaate hain
🤣😅
Mesopotamia was never the cradle of civilisation. India was.
I spent forty years in international shipping, not academia. When I began researching the history of maritime trade, I had no orthodoxy to defend. I followed the evidence, and it kept arriving in the same place: the Indian subcontinent.
Nineteenth century archaeologists dug in Mesopotamia because the climate preserved artefacts, the biblical sources pointed them there, and the Ottomans allowed the excavations. That is the entire basis for the myth of Mesopotamia as "the cradle of civilisation."
Nobody applied the same rigour to India. Mohenjo-daro was not discovered until 1922. By then the narrative had already hardened.
What was actually there was the largest civilisation of the ancient world. Three hundred cities. Fifty thousand people in each, by 2600 BC. Two thirds of them stood on the banks of the Sarasvati, the central and greatest of the seven rivers described in the Rig Veda, flowing down from the Himalayas before the river vanished entirely by 1900 BC. The Vedic kings claimed territory stretching "sea to sea," from Afghanistan to Maharashtra, some 1.5 million square miles, against Egypt's 13,000. A dock at Lothal built to handle thirty ships of sixty tons, unmatched in Europe for four thousand years. When it was first excavated, it was recorded as a bathing pool.
When the scale became impossible to dismiss, the theory was not corrected. It was replaced with a story of pale-skinned nomads from the steppe who supposedly arrived around 1500 BC and brought civilisation with them. There is no evidence. The chronology doesn't work. The Vedas describe no invasion.
In 2019 a Harvard-led genetic study revived the claim, and the press reported it as confirmation. It was not. The same study found the builders of these cities were indigenous. The Sarasvati river that the Rig Veda described had already dried up before these newcomers arrived. What the study also found is that a small group of men, arriving after the Sarasvati had already dried up, interbred with the existing population and left a genetic signature. That is all.
So, where they chose to dig was mostly an accident of climate and access. The Aryan invasion theory was constructed because an Indian civilisation that owed nothing to Caucasians was a fact the late nineteenth century could not accommodate.
Link to full Substack essay with sources in the comments below.
There is no point having any trade deal with the US @PiyushGoyal. Such transactional behavior based on which side of the bed they get up seems to be the norm.
#TrumpTariffs Trump On #Generics
- Generic drugs brought into the US will have zero tariff for a two-year period starting August 1, 2026
- After two-year period, tariff will be raised to 100% for one year and to 200% thereafter
- Step to reshore generic pharmaceutical production into America
- Companies that decide not to build plant and equipment within stated timeframe will be penalized
- Objective of the policy is to protect the people of the US
- Policy on patented, branded or innovative drugs will remain as is @CNBCTV18News@CNBCTV18Live #Pharma #Trump #CNBCTV18Market @ekta_batra
FIFA has confirmed it will investigate the "disgusting" scenes at the end of the World Cup final.
Argentina has gone viral for all the wrong reasons, and a petition to have them kicked out of the tournament has passed 23 million signatures.
https://t.co/yd5EzEStw4
@ProSyn@TheNewSchool It would also need the self styled definers and protectors of western morality to realise their double speak and make amends. Honour their commitments to Russia on restricting NATO, and not march eastward country by country.
@CNBCTV18Live@Sapna_CNBC Penny wise pound foolish. Would the govt would have received 4 lakh crore extra in their PSU/PSB OFS done in this period if they had made this zero?
@Iamsamirarora Perhaps it was a specific case that is being generalised. But if it was common, marketing collateral and case studies of the guy being so aggressive would be screaming this number as a banner on their site.
@Iamsamirarora Maybe a case of sour grapes in losing out in aggressive vendor consolidation going on.
I am quite sure no one has promised 70%, unless say its a specific domain/application managed inhouse currently and having huge scope for automation even w/o AI.
@ParamjeetBerwal Thanks for articulating this. First 9 Gurus were Vaishnav, last one a Shakt & they taught Sanatan Dharma.
Guru Gobind Singh's reason for founding Khalsa panth- "to drive out muslim invaders from this land so that the sound of Vedas is heard everywhere and cows roam free"
ORBIT ACHIEVED. 🚀
Vikram-1 Test Flight-1 has reached orbit. India's first privately developed orbital rocket has completed its final burn and injected its payloads into a ~450 km orbit, making India the third country in the world with private orbital launch capability.
History is made. 🇮🇳
#Vikram1 #JourneyToOrbit #SkyrootAerospace