beerbar

[Bearded Tesla @BeardedTesla]

If you have kids, this will hit hard. You’ve been warned 😭

[Ashwini Vaishnaw @AshwiniVaishnaw]

Vande Bharat Sleeper tested today by Commissioner Railway Safety. It ran at 180 kmph between Kota Nagda section. And our own water test demonstrated the technological features of this new generation train.

[Dr.V.Mohan @drmohanv]

Excellent summary of our recent ICMR-INDIAB diet paper by @Toi_pushpa_n which is very important for making national policy-level decisions. The key message is that even a 5% reduction in carbohydrates in Indian diets, if replaced with plant protein or with egg or fish, can help slow down the diabetes epidemic. Nicely covered by @timesofindia and Pushpa Narayan.

#Diabetes #Prevention #Diet #Type2Diabetes #Nutrition #Carbohydrates #Protein #Fat #IndianDiet #Fibre

@narendramodi @PMOIndia @MoHFW_INDIA @JPNadda @DrJitendraSingh @ICMRDELHI @ICMRNIN @icmr_nie @WHO @Nature @NatureMedicine @DMDSC

[Arnaud Bertrand @RnaudBertrand]

I was studying other times in history when gold prices more than doubled in the reserve currency of the time, as they did in the past year: it's rare and almost always a sign of a profound loss of confidence in the existing monetary and political order, going all the way back to the Roman empire (the so-called "Crisis of the Third Century").

And it often marked the transition from one era of power to the next: the fall of Rome, Spain's decline from world power, the French Revolution and Terror, the end of Bretton Woods, etc.

Interestingly, it's often actually as much a cause as a sign of these episodes, as this is effectively a transfer of real wealth from the poor to the rich elites who protect themselves with gold - this being what ignites the political upheaval.

The weird aspect of the current episode is the relative silence around it: we're witnessing what may be one of the great pivotal moments in financial history yet it's being barely discussed.

[Amitabh Kant @amitabhk87]

We import about $130 billion worth of goods from China. Instead of importing we need to get Chinese firms to create jobs in India — bring their manufacturing here, share technological expertise, and enter into joint-ventures with Indian companies to boost our manufacturing capabilities. My interaction with @ShereenBhan for @cnbctv18news: https://t.co/CblwHMwBqU

[Ajay Vir Jakhar @Ajayvirjakhar]

Instead of investing in R&D for better seeds & increasing crop area, yields & production, the Govt offsets falling production with allowing duty free cotton imports.
Consequently;
1. Cotton prices will be below MSP.
2. Farmers will get upset.
3. Govt procures @ MSP to appease farmers.
4. Small % of farmers benefit, most will lose.
5. Also depletes foreign exchange reserves.

Indian cotton yields are 1/3rd of what is available for non-GM varieties worldwide and half that of GM Cotton. Even 1/3rd productivity increase would double cotton farmer profits & meet industry demand. Regulatory issues need to be addressed.

Cannot blame the textile industry for lobbying for cheap cotton - they need it for survival.

[World of Statistics @stats_feed]

Number of foreign born founders who founded billion dollar American companies:

🇮🇳 India - 66
🇮🇱 Israel - 54
🇬🇧 United Kingdon - 27
🇨🇦 Canada - 22
🇨🇳 China - 21
🇫🇷 France - 18
🇩🇪 Germany - 15
🇷🇺 Russia - 11
🇺🇦 Ukraine - 10
🇮🇷 Iran - 8
🇦🇺 Australia - 7
🇮🇹 Italy - 6
🇳🇬 Nigeria - 6
🇵🇱 Poland - 6
🇷🇴 Romania - 6
🇦🇷 Argentina - 5
🇧🇷 Brazil - 5
🇳🇿 New Zealand - 5
🇵🇰 Pakistan - 5
🇰🇷 South Korea - 5
🇩🇰 Denmark - 4
🇵🇹 Portugal - 4
🇪🇸 Spain - 4
🇧🇾 Belarus - 3
🇧🇬 Bulgaria - 3
🇮🇪 Ireland - 3
🇰🇪 Kenya - 3
🇱🇧 Lebanon - 3
🇵🇭 Philippines - 3
🇿🇦 South Africa - 3
🇹🇼 Taiwan - 3
🇹🇷 Turkey - 3
🇦🇲 Armenia - 2
🇨🇿 Czech - 2
🇬🇷 Greece - 2
🇲🇽 Mexico - 2
🇸🇦 Saudi Arabia - 2
🇸🇬 Singapore - 2
🇨🇭 Switzerland - 2
🇺🇿 Uzbekistan - 2
🇦🇹 Austria - 1
🇧🇩 Bangladesh - 1
🇨🇴 Colombia - 1
🇪🇬 Egypt - 1

Sourse: NFAP data, as of May 2022.

[anand mahindra @anandmahindra]

The ‘law of unintended consequences’ seems to be operating stealthily in the prevailing tariff war unleashed by the U.S.

Two examples:

The EU may appear to have accepted the evolving global tariff regime, responding with its own strategic adjustments. Yet the friction has nudged Europe to rethink its security dependence, leading to higher defence spending in France and Germany. In the process, Germany has moderated its fiscal orthodoxy, which may well catalyse a resurgence in Europe’s major economies. The world could gain a new engine for growth.

In Canada, long hampered by notorious internal trade barriers between its provinces, steps are now being taken to dismantle them, bringing the country closer to a common market and enhancing economic resilience.

Both these ‘unintended consequences’ could become long-term positives for global growth.

Shouldn’t India too seize this moment to shape a virtuous consequence for itself? Just as the 1991 forex reserves crisis triggered liberalisation, can today’s global ‘Manthan’ over tariffs yield some ‘Amrit’ for us?

Two strong steps we can take today are:

1. Radically Improve Ease of Doing Business
—India must go beyond incremental reform and create a genuinely effective single-window clearance system for all investment proposals.
—While states control many investment regulations, we can begin with a coalition of willing states aligning with a national single-window platform.
—If we demonstrate speed, simplicity, and predictability, we can make India an irresistible destination for global capital in a world seeking trusted partners.

2. Unleash the Power of Tourism as a Forex Engine
—Tourism is one of the most underexploited sources of foreign exchange and employment.
—We need to dramatically accelerate visa processing, improve tourist facilitation, and build dedicated tourism corridors around existing hotspots, offering assured security, sanitation, and hygiene.
—These corridors can serve as models of excellence, encouraging other regions to emulate and raise national standards.

And a broader action agenda to build on these pillars:
Liquidity & Support for MSMEs; Infrastructure Investment acceleration; A Manufacturing Push, via enhancement and expansion of the scope of PLI schemes; Rationalise import duties so that duty on manufacturing inputs are lowered and assist in improving our competitiveness.

Let the unintended consequences we create be the most intentional and transformative ones of all.

We cannot fault others for putting their nations first. But we should be moved to make our own nation greater than ever.

[Jon Erlichman @JonErlichman]

2025 valuations:

Nvidia: $3.3 trillion
Intel: $95 billion

2009 valuations:

Intel: $90 billion
Nvidia: $5 billion

[Tren Griffin @trengriffin]

Nvidia CEO Jensen Huang: “People with very high expectations have very low resilience—and unfortunately, resilience matters in success."

Charlie Munger: "The first rule of a happy life is low expectations. If you have unrealistic expectations, you're going to be miserable."

[anand mahindra @anandmahindra]

Carl Sagan on how to answer a child’s questions.

Old video and it may seem trivial, but it’s of profound importance.

At the root of an innovative society is the encouragement of children to question things..

[Startup Archive @StartupArchive_]

Steve Jobs: “There’s a tremendous amount of craftsmanship between a great idea and a great product”

Steve recounts:

“One of the things that really hurt Apple was, after I left, John Sculley got a very serious disease. And that disease—I’ve seen other people get it too—is the disease of thinking that a really great idea is 90% of the work.”

But that’s never the case. As Steve explains, a product idea never turns out as originally conceived because you learn a lot from the details of building it, and there are always tradeoffs you have to make.

“There’s a tremendous amount of craftsmanship between a great idea and a great product… and it’s that process that is the magic.”

He compares a team working hard on something they’re passionate about to a rock tumbler:

“It's through the team--through a group of incredibly talented people--bumping up against each other, having arguments, having fights sometimes, making some noise, and working together... they polish each other and polish the ideas. And what comes out are these really beautiful stones.”

[S Gurumurthy @sgurumurthy]

Will Rahul listen him for a minute?

[ASHWANI MAHAJAN @ashwani_mahajan]

Union Minister Nitin Gadkari: "Where there is a will, there is a way, if there is no will, there is only survey, discussion, seminar, committee, sub committee and research group." ✅
https://t.co/eYXPbH7lfM

[U.S. Department of Energy @ENERGY]

BREAKING NEWS: This is an announcement that has been decades in the making.

On December 5, 2022 a team from DOE's @Livermore_Lab made history by achieving fusion ignition.

This breakthrough will change the future of clean power and America’s national defense forever.

[Shekhar Gupta @ShekharGupta]

Now this is a transformation in state policy towards genetic research, and a virtuous one…

Critical to cut edible oil imports — Modi govt makes strong pitch for GM mustard in SC

@BhadraSinha reports for ThePrint

https://t.co/xEW9TKS8Wn

[Vala Afshar @ValaAfshar]

This is a great lesson for entrepreneurs about the importance of focus https://t.co/ateSL6U3aW

[Ravisutanjani @Ravisutanjani]

When UPI was launched, former Finance Minister P Chidambaram criticised by saying

“Go to village and buy vegetables by paying ₹7.50 using cards. How will they accept payments? Do they have PoS machines? Wi-Fi or Internet?”

Now entire world is praising us and Indian FinTech 🇮🇳

[WholesomeMemes @WholesomeMeme]

Sometimes you have to push yourself 💖

[Prof. Shamika Ravi @ShamikaRavi]

“Banaras is older than history, older than tradition, older even than legend, and looks twice as old as all of them put together!” - Mark Twain