The hit is here. India's IT industry is under attack in the name of 'visa restrictions.' Exactly as I said 1 year ago.
Go and read that post where I said it will be IT employees who will be hit hard. And why? Because using their issues you can pressure the GoI.
Stay Invested. Invest More.
The US-Iran conflict is now becoming a new normal for global markets. While short-term volatility may continue, the broader outlook for Indian equities remains positive.
Quarterly results have been better than expected across key sectors. IT has delivered strong earnings, Banking & NBFCs continue to perform well, and FMCG companies are also reporting healthy numbers.
From a market cycle perspective, the broader market has largely remained subdued over the last two years. Historically, such phases are followed by a stronger upcycle.
Despite concerns around the Strait of Hormuz, India’s GDP outlook remains resilient and the economy continues to grow steadily.
Our view is simple:
Don’t get carried away by day-to-day market movements. Stay invested. More importantly, if you have liquidity available, this is the time to gradually invest more rather than wait for the “perfect” opportunity.
The next leg of the broader market rally is already underway.
RBI has approved Emirates NBD’s acquisition of a majority stake (up to 74%) in RBL Bank.
This is a ~$3 billion deal, one of the largest cross-border investments in Indian banking.
Sebi approval is the final key clearance pending; expected soon.
Post Sebi nod, a mandatory open offer to shareholders may start shortly (likely next week).
After completion, RBL Bank will become a foreign bank subsidiary with Emirates NBD as promoter.
Deal is in final stage—only Sebi approval left before execution and open offer.
Steel to software, everything is dependent on imports; why?
Large-scale reforms are needed. We need to take these steps in advance, not after we are blackmailed by other countries.
If we cannot become Atmanirbhar in steel, then we cannot make India Atmanirbhar literally in anything.
The Vortex Awakens – Rise of the 0G Panda 💜
once a mere cub exploring the edges of forgotten chains now stands as the Defender of Decentralized AI.Clad in rust-red quantum armor, wielding a glowing 0G Spear, he marches into the swirling Singularity Vortex a rift of unstable compute, compressed time, and corrupted data.💜🐼
#panda-art🐼
@0G_labs@0G_Foundation@michaelh_0g @officialyonwell @ghcryptoguy@ciro4space@LookYegbe