Bazaarnomics

Public Policy, History
Books # Countdown #UltiGinti #Laxminama
#TEDx

[Bazaarnomics @bazaarnomics]

#countdown #postcovideconomy #ultiginti @BloomsburyIndia

[Bazaarnomics @bazaarnomics]

Countdown argued that contrary to claims, Indians are heavily taxed due to high indirect taxation. Evidence from #OxfamReport - poorest 50% pays 6X tax compared to their income n govt collects almost 2/3 of GST from them
with @anshuman1tiwari
https://t.co/TB6mtp82Du

[Bazaarnomics @bazaarnomics]

Three decades later, every night she walks through the dark, bomb-battered streets of Tokyo to work as a Bengali newsreader for Netaji's Azad Hind Radio - the extraordinary story of Hariprabha Takeda
https://t.co/62cmqY4rOo...

[Bazaarnomics @bazaarnomics]

A young Bengali woman from Dhaka marries a Japanese chemist & set sail for her husband's land in 1912, becoming the first South Asian woman to do so. In an era when Bengalis were greatly fascinated with Japan, she publishes her experience in a book

[Bazaarnomics @bazaarnomics]

One of the acquitted persons was Nobusuke Kishi, Shinzo's grandfather and later PM of Japan. In 2007, Shinzo Abe as the Prime Minister, travelled to Calcutta to meet Judge Pal's son and pay his respect

[Bazaarnomics @bazaarnomics]

As the world mourns Shinzo Abe, here's the story of the man, who inspired little Shinzo to look at India with a different kind of respect. A forgotten figure in India, Justice Radhabinod Pal remains a Japanese hero for his dissenting judgment at the Tokyo
https://t.co/0GDKlDj8mB

[Bazaarnomics @bazaarnomics]

A falling #Rupee forces govt to raise import duty on #gold, impose tax on export of petro products, #RelianceIndustries plunges 7% in early trade. Expect more forex headwinds

[Bazaarnomics @bazaarnomics]

Not just the levels, the pace of this fall is extraordinary....#Rupee seems to be heading towards 81-82.

[anshuman tiwari @anshuman1tiwari]

#Rupee sinks to 79 against US Dollar for the first time.

[Bazaarnomics @bazaarnomics]

India's #edtech story unravelling....after Vedantu, Unacademy, Lido etc, its now Byju's turn. They have already postponed some payments related to Akash buyout

[Moneycontrol @moneycontrolcom]

.@BYJUS 's, currently valued at $22 billion, has laid off over 2,500 employees across its group companies. 😥

What does the future look like for the world's most valued startup? Read here to find out ⏬
https://t.co/RZC5ijknKD

@Unibrowverse @chandrarsrikant @patwardhannn ✍️

[Centre for Global Affairs & Public Policy @CGAPPIndia]

Join us for interactive session on different aspects of India-Indonesia relations.
@Amitendu1 @subhomoyb @bazaarnomics @bmartawardaya
@tapasjournalist

#IndiaIndonesia

[Bazaarnomics @bazaarnomics]

Stock indices hit 52-week low, #Rupee stays below 78, #CrudeOil at $120. Record FII selling shows no sign of coming down. Vols hv started dipping significantly, at some point mutual funds will start facing redemption pressure

[Bazaarnomics @bazaarnomics]

In 1723, at the height of their power, 'Anburam Mulin' petitioned Peter the Great to permit him to trade in St Petersburg n Archangel n to transit thru Russia to Germany on one side and China on the other! Global Ambitions!!

[Bazaarnomics @bazaarnomics]

Retracing history...Astrakhan was the hub of Multani traders from 17th to early 18th c. They expanded their network overland from Punjab to Moscow (in 1684, 21 Indian merchants were residing in Moscow) through Iran and Uzbekistan
#Laxminama
@anshuman1tiwari

[Dipanjan R Chaudhury @DipanjanET]

Days after Iran FMs India visit: INSTC operationalised as Russia sends consignments for Indian port: Consignment originating from St Petersburg will reach India via Caspian Sea & Iran’s Bandar Abbas port — My report ⁦@ETPolitics ⁩— https://t.co/OL07ZfIpWt

[Bazaarnomics @bazaarnomics]

We get their names from Russian records yet they sound familiar - Vishnat Narmaldas(ov), Narayan chanchamal(ov), Sukhanant Dyrymdas (died in Moscow in 1759, leaving behind 3 lakh Roubles!)...mostly operated from Multan but some of them settled down there too

[Bazaarnomics @bazaarnomics]

In May'22, FIIs withdrew Rs 54000 Crore, highest since March 2020 and second highest monthly outflow ever. Stock market is a forward looking market.

[anshuman tiwari @anshuman1tiwari]

India’s FY22 #GDP growth estimate lowered to 8.7% (8.9% estimated in Feb) as growth slides to 4.1% in Jan-Mar quarter. The GDP growth in Q4 is slowest in the year, compared to the rate of 5.4% in the third quarter, 8.5% in the 2nd quarter and 20.3% in the first quarter of FY22.

[Bazaarnomics @bazaarnomics]

Rate hikes alone won't help, this is a welcome step by the govt. India needs more proactive measures to tame runaway #inflation

[anshuman tiwari @anshuman1tiwari]

Centre cuts excise duty on Petrol by Rs 8 per litre and on Diesel by Rs. 6 per litre
This will reduce price of petrol by Rs.9.5 per litre and of Diesel by Rs.7 per litre. It will have revenue impact of around Rs.1 lakh crore/year for the government. #PetrolDieselPrice

[Bazaarnomics @bazaarnomics]

This is what #countdownbook recommends
#Employment is our biggest crisis
#UBI Universal Basic Income is the way to go

https://t.co/MfkFtgYDP8

[Bazaarnomics @bazaarnomics]

wholesale #inflation at 15.08% is at least at a 23-year high, #Rupee touching 78 (will push up oil prices n inflation further), record unemployment, everyone lowering #GDP forecast. I do love history, but let's talk about present #stagflation

[Bazaarnomics @bazaarnomics]

Both #Rupee and #Nifty continue to slide. It's going to be a long summer ahead for the Indian market

[Bazaarnomics @bazaarnomics]

@subhomoyb FPI outflow moderation will depend on what Fed says tonight and not RBI. Serious money is going out of EMs and also Japan - unlikely to reverse soon