Devvrat Himatsingka

Managing Partner, Augmenta Value Trust. Avid reader, learner, investor, poker player.

[Devvrat Himatsingka @financialfool89]

@itsTarH 🤣🤣🤣

[Devvrat Himatsingka @financialfool89]

@jeevanpatwa What a star!! 💫

[Devvrat Himatsingka @financialfool89]

@LuckyInvest_ARK 🤣🤣

[Devvrat Himatsingka @financialfool89]

@SaqibBanbh90290 18

[Devvrat Himatsingka @financialfool89]

@LuckyInvest_ARK 🤣

[Devvrat Himatsingka @financialfool89]

@REDBOXINDIA Raised “to” 2.5x. Being a newshandle you guys need to hire proper guys with vocabulary skills.

[Devvrat Himatsingka @financialfool89]

@k_athanasi @Mishi_2210 1st one would be incorrect. If one goes by the rules of BODMAS

[Devvrat Himatsingka @financialfool89]

@Mishi_2210 1050

[Devvrat Himatsingka @financialfool89]

@elonmusk 💯 solar capacity of 1500 GW is massive. And clearly solar is the future of energy.

[jeevan patwa @jeevanpatwa]

Big move in #DefenceTech

🇮🇳 #AXISCADES Technologies & 🇫🇷 Cilas S.A. have signed an MoU to co-develop a vehicle-mounted Counter-UAS system for the Indian Armed Forces.

Featuring Cilas’ HELMA-P high-energy laser integrated with AXISCADES’ C2 system — bringing precision laser power to neutralize hostile drones.

[Augmenta @augmentaamc]

🌍 Global Events Calendar: Oct 13 – Oct 19, 2025

📅 Oct 13 (Mon)
- UK / NZ inflation & labour reports to test policy direction.
- China / Japan central bank / policy commentary may set Asia tone.
- India watches GST, auto & retail momentum — early week demand cues.

📅 Oct 14 (Tue)
- Eurozone industrial & trade data to influence EUR and EM flows.
- India: Exports / imports / trade balance may shift INR direction.

📅 Oct 15 (Wed)
- China & ASEAN industrial / retail data to gauge Asian growth.
- US inflation / PPI / CPI prints possible — watch for surprises.
- US Fed / Treasury engagements, possible speeches.
- India: IIP / manufacturing output data to test growth narrative.

📅 Oct 16 (Thu)
- UK / Eurozone labour & wage data to guide ECB outlook.
- US retail sales & consumer sentiment to drive rate expectations.
- Asia central banks may deliver commentary or interim decisions.

📅 Oct 17 (Fri)
- Japan / China industrial & retail release — Asia growth check.
- India: infrastructure, power / construction / capital goods data likely.

📅 Oct 18 (Sat)
- Weekend: central bank speeches (Asia / EM) may surface.
- Global markets start digesting IMF / multilateral institution commentary.

📅 Oct 19 (Sun)
- Asia policy chatter (China, Australia, Southeast Asia) may set Monday’s direction.
- India: weekend consumption & festive commentary remain in focus.

🔙 Highlights: Oct 6 – Oct 12, 2025

Oct 6 (Mon) – Weak UK Construction PMI may pressure GBP; India’s festive auto & retail sales remain the key domestic growth gauge.

Oct 7 (Tue) – Eurozone ZEW and UK housing data in focus; IMF/World Bank meetings may drive global policy sentiment.

Oct 8 (Wed) – RBNZ dovish stance could weigh on NZD/AUD; FOMC minutes and US crude inventories guide market expectations.

Oct 9 (Thu) – US jobless claims test labor market resilience; Eurogroup fiscal signals may move EUR; India tracks rural demand.

Oct 10 (Fri) – US Michigan Sentiment & inflation data steer Fed outlook; Eurozone PMIs signal slowing industry; India’s exports and INR sensitive to global demand.

Oct 11 (Sat) – IMF/World Bank wrap-up shapes weekend tone; markets watch India festive sales for near-term consumption cues.

Oct 12 (Sun) – Asia weekend policy chatter may set Monday’s tone; India festive consumption remains a key growth pulse.

[Augmenta @augmentaamc]

🏦 RBI's October 1 Reforms: Igniting Credit Flow & Business Expansion

On October 1, 2025, RBI unveiled major reforms to boost banking resilience and unlock lending across corporate, retail, and infrastructure sectors. This comprehensive easing cycle aims to accelerate credit expansion while maintaining prudence.

🔹 Key Focus:

💴 Credit Flow & Lending Limit Relaxations:
- Banks can now finance domestic M&A for Indian corporates
- Change: Banks can fund domestic M&A, previously restricted.
- Context: India's M&A market ~$150B (FY24) in infrastructure, renewables, manufacturing.
- Pros: Direct bank participation in large corporate deals.
- Cons: Elevated leverage risk if valuations stretch.

💵 Eased loan limits for capital market lending:
- IPO financing: ₹25L/person (from ₹10L).
- Loan Against Shares (LAS): ₹1Cr/borrower.
- No caps on loans against listed debt securities.
- Context: India's LAS market ~$7-8B, rapidly growing.
- Pros: Improves investor liquidity, supports primary market depth.
- Cons: Heightened speculative risk; requires tighter margining.

💶 ₹10,000 Cr cap on single borrower exposure removed:
- Now governed by Large Exposure Framework (LEF), aligning with Basel standards.
- Pros: Facilitates funding for mega infra & energy projects (green energy, transport).
- Cons: Requires robust internal risk monitoring & dynamic exposure limits.

💷 Reduced risk weights for bank lending to infrastructure-focused NBFCs:
- Impact: Lowers capital, cheaper on-lending, higher credit to core sectors.
- Pros: Accelerates financing for roads, renewables, logistics (aligns with ₹111L Cr NIP).
- Cons: Project-level credit quality risks if cash-flow is weak or delays persist.

💸 Discussion on resuming licensing for new Urban Co-operative Banks (UCBs):
- Objective: Improve local credit penetration in semi-urban/rural markets.
- Pros: Enhances last-mile credit delivery for small enterprises.
- Cons: Requires stronger governance and supervisory controls.

🧩 Overall Takeaway
These measures expand the lending canvas for Indian banks, opening new high-yield, high-growth verticals like M&A financing, LAS, capital markets, and large project lending. This could add $150–200 billion in incremental lending opportunities over 2–3 years, countering recent plateaus (~15% YoY credit growth).
While promising, these are risk-intensive segments. Reforms favor banks with strong risk frameworks, disciplined underwriting, and capital buffers (large private banks, select PSU lenders). Aggressive growth without prudence could magnify future stress. #RBI #BankingReforms #CreditGrowth #IndiaEconomy #FinancialSector

[Augmenta @augmentaamc]

🌍 Global Events Calendar: Oct 6, 2025 - Oct 12, 2025

📅 Oct 6 (Mon):
- UK Construction PMI (Sep) expected to be weak, highlighting strain in housing & activity. Holiday-thinned trading may exaggerate FX/equity moves.
- India festive auto/retail sales stay the key high-frequency growth gauge.

📅 Oct 7 (Tue):
- UK housing indicators in focus for Europe outlook. IMF/World Bank meetings bring policy headlines from global leaders.
- India watches fiscal/aid signals that may shape EM flows.

📅 Oct 8 (Wed):
- RBNZ policy decision — dovish stance could weigh on NZD/AUD. US crude oil inventories drive energy/commodity-linked FX.
- FOMC minutes will guide rate-cut expectations; India sensitive to oil moves.

📅 Oct 9 (Thu):
- US Initial Jobless Claims (~218k) key test of labor market health. Eurogroup finance ministers meet; fiscal signals may move EUR.
- India focus turns to rural demand data as a near-term consumption gauge.

📅 Oct 10 (Fri):
- US Michigan Sentiment & inflation expectations to steer Fed outlook.
- India’s export and INR trajectory hinge on global demand signals.

📅 Oct 11 (Sat):
- IMF/World Bank wrap-up and central bank speeches shape weekend tone. Markets may set early direction for the week on policy headlines.
- India festive sales & commentary remain strong near-term trackers.

📅 Oct 12 (Sun):
- Asia weekend policy chatter (China, Australia) may set Monday’s market mood.

🌍 Weekly Global Macro Recap & Calendar

🔙 Looking Back (Sept 29 – Oct 5, 2025)

💰 US PCE (Sep 30) → Inflation stayed sticky; markets trimmed aggressive rate-cut bets.

🏭 China PMIs (Oct 1) → Mixed results signaled ongoing manufacturing strain; sentiment in Asia held steady.

⚙️ US ISM Manufacturing (Oct 2) → Below-50 reading confirmed contraction, fueling hopes for Fed patience.

👷‍♂️ US NFP (Oct 3) → Job gains modest; labour market breadth narrowed, reinforcing gradual easing view.

🚗 India Auto Sales (Oct 3) → Robust passenger vehicle and 2W sales confirmed festive demand resilience.

[Devvrat Himatsingka @financialfool89]

Global events coming up this week and a recap of last week!

[Augmenta @augmentaamc]

🌍 Global Events Calendar: Sept 29 – Oct 5, 2025

📅 Sep 30 (Tue) | US Personal Income & Outlays / PCE (Sept)
- Headline and core PCE inflation for September will be closely watched. If inflation accelerates, it could delay further rate cuts, with equities and bonds reacting sharply.

📅 Oct 1 (Wed) | China Manufacturing & Services PMI (Sept)
- Weakness here would amplify global demand concerns and weigh on commodity markets and EM currencies. A stronger print, however, could stabilize sentiment in Asia.

📅 Oct 2 (Thu) | US ISM Manufacturing PMI (Sept)
- A sub-50 print would confirm contraction in manufacturing, adding pressure to the Fed to remain patient. Conversely, a rebound could spark optimism for industrial activity.

📅 Oct 3 (Fri) | US Non-Farm Payrolls & Unemployment (Sept)
- Consensus ~150k jobs added; a soft print could reinvigorate rate-cut expectations, while a strong print may cause volatility. Market focus will be on labour market breadth beyond headline hiring.

📅 Oct 3 (Fri) | India Auto Sales (Passenger Vehicles, 2W, Tractor)
- High-frequency demand indicator. Strong sales would confirm festive season strength; weak prints may weigh on consumption outlook.

🌍 Weekly Global Macro Recap & Calendar

🔙 Looking Back (Sep 21 – Sep 28, 2025)

🇨🇳 China Loan Prime Rate (Sep 22) →
- PBoC held lending benchmarks steady amid weak credit growth. Markets eyed whether additional easing could come later this year.

💰 US Current Account Balance (Sep 23) →
- The data revealed a wider deficit, applying pressure on the USD and pushing U.S. Treasury yields higher.

💷 Australia Q2 Inflation (Sep 24) →
- Inflation surprised slightly on the upside, reducing market expectations of an imminent RBA rate cut.

💰 US Real GDP (Sep 25, Final) & Durable Goods →
- The GDP revision showed resilience, complicating the Fed’s easing path; durable goods orders softened, hinting at weaker investment trends.

💰 US PCE (Sep 26) →
- The Fed’s preferred inflation gauge held firm; core PCE remained sticky above 2.5%, keeping rate-cut expectations in check.

💰 Weekend (Sep 27-28) → South Africa current account & global industrial production data provided mild signals for EM flows and global demand, with limited market impact.

[Augmenta @augmentaamc]

🚀 YouTube's Universal Dominance: The Investment Case for India's Creator Economy Revolution
From a humble 19-second "Me at the Zoo" in 2005 about an elephant, YouTube has evolved into an elephantine platform itself - transcendental, democratizing content and unlocking economic opportunity.

India: The Global YouTube Powerhouse

✅ 491M active users from ~650M smartphone users
✅ 48.7 mins/day per user
✅ 100M+ Indian channels uploaded last year
✅ 12+ regional languages with 10M+ hours of content each

💰The Economic Goldmine

• ₹21,000 Cr paid to Indian creators in 3 years (YouTube CEO Neal Mohan)
• ₹3,600 Cr influencer market in 2024 (+25% YoY)
• ~₹10,000 Cr Market size of content creator economy on YouTube

📈 Why This Is Just the Beginning

🏯 The Monetization Gap:

Indian creators, estimated, earn ₹20–₹200/1K views vs. US creators earning 5–10x more. Rising income will bridge this, triggering revenue multiplication.

🔊 Subscriptions Are Heating Up:

Think 'India’s Got Latent' doing ₹1 Cr+/month on YouTube or Aamir Khan skipping OTT for a ₹100/ticket YouTube release of 'Sitaare Zameen Par'.

🗼 Content Boom Incoming:

India's content consumption still lags the US significantly. The inevitable catch-up (potentially accelerated by AI giving us more leisure time) creates exponential growth potential.
The Math: These factors could drive 5-10x market expansion within a decade from INR ~10,000 Cr today.

🔧The Real Investment Play: Infra, Not Just Content

Smart money isn't about chasing individual creators—it's building the ecosystem that enables them.

📲 Talent Development & Management:

• Creator scouting & onboarding
• Full-stack production & monetization
• Professional brand building & audience development

🧑‍💻 Tech Solutions:

• AI tools for content optimization
• Analytics & trend mapping
• Creator fintech: revenue advances, tax, lending

📳 Scalable Business Models:

• Creator collaboration platforms with network effects
• Data-driven performance optimization
• SaaS & rev-share based recurring income

💡 The Bottom Line

We're witnessing the emergence of a creator economy infrastructure layer—think music labels for the digital age, but with better economics and scalability.
These infrastructure companies will capture value through network effects and the professionalizing creator segment, positioning themselves as essential partners in India's creator economy value chain.

💥 The real opportunity? Building the picks and shovels for India’s digital gold rush.
What’s your take on the creator economy? Which firms will create the most value?

#CreatorEconomy #YouTube #India #DigitalTransformation #Investment #ContentCreation

Disclaimer: This is informational and not investment advice. We may be evaluating or exposed to opportunities in this space.

[Augmenta @augmentaamc]

🌍 Global Events Calendar: Sept 21 – Sept 28, 2025

📅 Sep 22 (Mon) | China Loan Prime Rate :
- PBoC likely to keep lending benchmarks unchanged amid weak credit growth.
- Market focus will be on signs of further easing later this year.

📅 Sep 23 (Tue) | US Current Account Balance Deficit :

- Data to shed light on trade and capital flows.
- A wider deficit may weigh on the dollar and bond yields.

📅 Sep 24 (Wed) | Australia Inflation (Q2) Key :

- To conduct the test for RBA policy direction.
- A higher print could delay easing expectations.

📅 Sep 25 (Thu) | US Real GDP (Q2 – Final) :

- Durable Goods Orders GDP revision will be a major market driver — resilience would complicate the Fed’s easing path, while softer growth supports further cuts.
- Durable goods orders will add insight into investment momentum.

📅 Sep 26 (Fri) | US Personal Consumption Expenditure (PCE) :

- The Fed’s preferred inflation gauge.
- A soft reading reinforces the easing cycle, while upside surprises could spark volatility.

📅 Sep 27–28 | (Weekend) :

- South Africa Current Account & Global Industrial Production
- Lower relevance but still signals for EM flows and global demand trends.

🌍 Weekly Global Macro Recap & Calendar
🔙 Looking Back (Sep 13 – Sep 19, 2025)

- US Federal Reserve, FOMC Rate Decision (Sep 17) → The Fed cut rates by 25 bps to 4.00-4.25%, its first rate cut of the year. It signalled two more cuts likely this year, citing labour market softening and elevated inflation.

- Bank of England, MPC Meeting (Sep 18) → The BoE held the Bank Rate steady at 4.00% (7-2 vote), with two members pushing for a 25 bps cut. The pace of quantitative tightening (QT) was reduced: gilt sales cut to £70B over next 12 months. Inflation remains too high, especially in services and food.
Professional Pensions

- UK & Canada Data Releases (Inflation, Retail Sales) (Sep 19) → UK retail sales rose by 0.5% MoM in August, beating expectations (0.3%). But three-month topline retail sales still declined slightly, though less sharply than before.

[Augmenta @augmentaamc]

🍰 "We celebrated a special milestone for us – our fund ( Cat III AIF) has completed 2 years. This journey wouldn’t have been possible without the trust of our clients, the dedication of our team, and the constant support of our well-wishers.

A heartfelt thanks to everyone who has been part of this journey – here’s to the road ahead!"

[Augmenta @augmentaamc]

💡Stock Market Trivia 🌍

Reliance is India’s highest market cap company ~ $200B as our GDP crosses $4T, here is snapshot of when major economies reached this milestone and current leader:

• China 📠

- First to hit $200B: Tencent Holdings, 2015
- GDP (2015): $11–11.4T
- Current GDP: $19.23T
- Current largest company by market cap: Tencent — $745B
- Drivers: 1.4 Bn people transitioning to middle income, tech market while closed to foreign players fierce domestic competition led innovation

• USA 💲

- First to hit $200B: Microsoft, 1998
- GDP (1998): $9.1T
- Current GDP: $30.51T
- Current largest company by market cap: Nvidia — $4.31T
- Drivers: Tech leadership by a large margin and monopolizing global transformation waves such as now with AI.

• Japan 💴

- First to hit $200B: Toyota, May–June 2023
- GDP (2023): $4.21T
- Current GDP: $4.03T
- Current largest company by market cap: Toyota — $258B
- Drivers: Rather lack of growth drivers domestically, export oriented in few products

What in it for us?

- Take off basis large domestic market with growing incomes?
- But can we bridge the innovation gap?

#China #USA #India #Japan #GDP #Trivia #Stockmarket #MarketCap

[TheBetterPath @TheBetterPath_]

Big Pharma hates this woman:

Barbara O’Neill.

She healed a torn tendon without surgery — and helped millions with her natural methods.

Here are her top 9 to prevent cancer, inflammation, and major health issues: 🧵

[Devvrat Himatsingka @financialfool89]

@sahil_vi Genuine question. Why does this analysis need to be done after the price is already at all time highs? When the whole world was busy printing money during covid, no one seemed to care about gold. SGBs were actually trading at 8-10% discount. Cute that you caught on to the trend!