Gautam

Retweets are NOT endorsements.

Jai Shri Ram.

( Please let me know if anyone wants Burnol, I'll try my best to arrange. )

[Gautam @GautamBU06]

Holy moly.... Please read this thread... pinning for visibility baiyya.. Thank you so much for this amazing thread.

[Rahul Mathur @Rahul_J_Mathur]

I'm down 5% portfolio level today driven by PB FinTech

Concentration has some evils; it is painful to see my 2nd largest position drop 30% (so far) today with (what I believe) will be another 4% fall later today.

Effectively, 3 yrs of averaging in at a great price got wiped clean.

I've also read through the 2-part IRDAI note. I'm sure they'll hear a good bit from industry participants.

Felt more like retaliation rather than regulation (latter being the typical stance)

Some leaders are yet to realize that Distribution is not cheap.

Intermediation isn't disappearing overnight because of a Govt website or AI

ONDC was a great lesson in this regard.

FWIW, I'll average down across today, tomorrow & Monday.

I believe calmer & more sensible heads will ultimately prevail 😇

[Gautam @GautamBU06]

@prithvi_san Unable to DM

[Amit Malviya @amitmalviya]

Subhash Chandra Garg’s latest attack on the new GDP series deserves a refresher.

On 5 March 2026, barely a week after the new GDP series was released, Garg published a piece in The Quint examining the very revision he now describes as “fiddled”.

And his verdict then was remarkably clear.

As the highlighted excerpt shows, Garg compared the old and new series on precisely the issue he is now using to attack the methodology. He wrote that the new series is:

“much more representative of current production and consumption in the country”

and

“can, therefore, be taken as more accurate.”

More accurate than the old series.

He further described the downward revision in nominal GDP as “very bad news, which the new GDP series has honestly communicated.”

That was Garg’s assessment in March.

Today, he has completely inverted that assessment.

The old series’ higher figure has suddenly become his benchmark. The new series’ lower figure, the same revision he previously acknowledged as more representative and more accurate, has now become evidence of alleged manipulation.

The numbers did not change. Garg’s narrative did.

This is not a disagreement over methodology. It is an extraordinary reversal of position on the very same GDP revision within months.

When the numbers supported his argument, the new series was “more accurate” and had “honestly communicated” bad news.

When the same numbers no longer serve his narrative, the methodology is suddenly “fiddled”.

This is less economic analysis and more motivated reasoning. We now know why he was likely ousted as Finance Secretary.

[Neelkanth Mishra @neelkanthmishra]

As expected, with the fiscal headwinds fading and monetary headwinds (falling credit growth till 1HFY26) becoming tailwinds (credit growth accelerating), GDP growth is surprising on the upside, and should help push up consensus trend-growth estimates to 7%-plus. That is, with a neutral fiscal and monetary policy, the economy should still register 7.5% growth.

In this light, I was shocked to see the ill-educated and egregiously wrong claims made by some that if the 'original' base of June-2025 quarter was used, growth in the June-2026 quarter would be much lower.

The new series introduced in Feb-2026 cleaned up the data and also significantly improved the methodology. For those who track this for a living (and I used to be one such till 45 days ago) - the downward revision in the base was known in March (see our note published on 1-Mar):
https://t.co/3KCHsbIUV9

As our note acknowledged, the new series increased credibility of estimates of real output.

That claim is so obviously wrong that several logical rebuttals have already been made. But bad information tends to travel further than good information, and so it is important to reiterate and reinforce the argument.

That such claims got traction is itself surprising, given that easy-to-track and not-possible-to-fudge indicators of economic activity have been so robust. While June-quarter data was strong, that momentum has picked up:
- personal vehicle (cars, SUVs) dispatches grew 35% YoY in August despite just 9% growth in exports. Even two-wheeler growth is now >20% (though helped by strong exports).
- And if that was consumption, commercial vehicle dispatches grew >40%.
- tax collection growth has picked up meaningfully. This is as real as it gets.
- Credit growth continues to surprise on the upside (albeit on a low base). Last year most believed the then-weak credit growth was a demand problem, whereas we steadfastly stated it was a supply issue - it has for now been addressed.
- indicators of construction are robust.

Hopefully, now there will be fewer people asking "why private sector investment is weak," given that there is clear evidence of investments.

That said, there is still slack in the economy, as seen in weak real-wage growth. It may take several quarters of above-trend growth for that slack to tighten, and bring back sticky inflation pressures.

[Pradeep @Pradeep_mac123]

@shraddhs @etihad Appreciate honestly, I've done my share of complaining online too — and I could easily have complained about this one too, many weren't ready to listen. But someone went out of her way for a stranger's son, and that deserves to be said out loud.

[Mahavir Chopra / Beshak.org @themahavir]

32 yrs later - insurer to pay Rs. 33 Cr for a car mishap.

A based Indian earning 1M dirhams had passed away in 1994

Insurer was disputing the income, dependency in courts so far.

Interestingly the actual award is 8.8 Cr - the rest is 32 yrs simple interest!!

Without an insurance, this money would have gone from the lorry owner's pocket.

Always ensure your third party insurance is renewed on time for all vehicles you own.

[Amlan Kar @amlankar95]

@madmax_anushank Ooof, brings back memories, thanks for sharing this :)

I wrote the family tree viewer ~11 years ago, summer of '15. Amazing to see it's still being maintained!

[M Pattabiraman @pattufreefincal]

NaviPlan Multi Asset, Multi-Currency Portfolio Tracker& Financial Goal Planner
https://t.co/vb9bkiIY9h

[desi mojito @desimojito]

The IMF was initially not very keen on granting Sri Lanka a bailout package, with directors feeling quite negative about the prospect.

​Listen to Sri Lanka's former Finance Minister Ali Sabry explain how a single intervention by *India and FM* @nsitharaman entirely shifted the tone and environment at the IMF.
This crucial support led to Sri Lanka securing the bailout, laying the foundation for its economic recovery.

​Under the leadership of PM Modi, India continues to prove it is a true friend to its neighbours.

[Ayush Agrawal @iMicrocap]

This has never been done on Mutual Funds. I did an overkill when I made it and on MFAPI. Now the entire Git is public so anyone can make it, copy it and call it their own.

[Dhananjay_Tech @Dhananjay_Tech]

Health insurance claims in India can feel intimidating.

I recently got 2 HDFC ERGO reimbursement claims approved fully online, without making a single call.

I turned what I learned into a free AI skill to help others prepare their claim documents:
https://t.co/71ioGw4lRA
I hope you may never have to use this :)

Feedback is welcome!

[Vishnu Agarwal @vishnuagarwal64]

India imports almost every precision temperature sensor it uses.

One company from Udaipur broke that dependence, and it's now going public at ₹650 crore.

Tempsens is the only Indian maker of non-contact temperature sensors.

A hard monopoly. But the offer has layers to understand…

1/14

[Ratan Sharda 🇮🇳 रतन शारदा @RatanSharda55]

Now I am quite sure that @NTA_Exams is compromised. It has done more damage to @BJP4India and reputation of @narendramodi ji than all the opposition could do. Still @EduMinOfIndia is letting the game continue?
The reasons specified for cancelation of the 3 subjects of #NET exam are so downright crazy -- typo errors, incorrect facts, translation errors!

[VatsRohit @KesariDhwaj]

My God!
Read this citation and I promise you'll have goosebumps. This is superhuman level stuff. Tells you the caliber of our pilots and the thoroughness of their training.
'नभः स्पृशं दीप्तम्' (indeed)

[Ajeet Bharti @ajeetbharti]

I am not sure what the fuck is going on with @narendramodi govt? Yesterday a RS MP firm was caught with 84 patches of bad road within 24 days of inauguration. That too when there was a CBI inquiry going on. Gadkari’s ethanol conflict is well established.

Coempt Eductech, Silver Touch and Dharmendra Pradhan have a lot to answer on CBSE OSM fiasco. And now this! The worst part is: no one even talks about it. Have we elected @BJP4India for this business?

[Revant Himatsingka “Food Pharmer” @foodpharmer2]

The biggest collab of the food industry is here!

Tukaram Mundhe X Food Pharmer.

Podcast out on Monday, 3rd August on Food Pharmer YouTube channel.

Food mafia beware!

[THE SKIN DOCTOR @theskindoctor13]

Another gem from Madhya Pradesh.

A few days ago, CM Mohan Yadav boasted that MP had again topped the country in wheat procurement at MSP, procuring 1.04 crore metric tonnes from 1.34 million registered farmers.

Turns out, this figure was reached because a network of fake farmers and govt officials collaborated to scam his govt. Between March 5 and March 10, when fraudsters took advantage of the closing window for state wheat procurement registration. During late-night and early-morning hours, they created fake farmer profiles on the state portal. Local revenue officials, including Patwaris and Tehsildars, bypassed mandatory physical verifications and validated these fake registrations without checking actual land-share agreements.

With the fraudulent profiles successfully approved, the scammers purchased cheap wheat from the open market in neighboring states and brought it to govt procurement centers across MP. They passed off this cheap grain under the fake profiles to exploit the state's higher MSP rate of ₹2,585 per quintal along with govt bonuses and earned anywhere between ₹400 - ₹700 per quintal of profit.

The Economic Offences Wing of the state has initiated an investigation into the matter.

[Col AJ🇮🇳 @ajaykraina]

A well-meaning Bharatiya conducted an AI-assisted ideological audit of the official UPSC Civil Services Examination syllabus. The audit was undertaken to determine the extent to which the syllabus structurally mandates and privileges Western, Marxist, postmodern, and Eurocentric intellectual frameworks, often at the expense of indigenous Indian knowledge systems, civilizational perspectives, and Dharmic traditions. The objective was to identify embedded ideological assumptions, assess their influence on the framing of subjects and recommended domains of study, and evaluate whether the syllabus reflects a balanced representation of India's own intellectual heritage.
The findings presented in this report are entirely in line with expectations. While the STEM disciplines remain largely insulated from ideological capture, the Humanities and Social Sciences are shown to be extensively shaped by Western, Marxist, postmodern, and Eurocentric intellectual paradigms. These frameworks are not merely present but are structurally embedded in the syllabus, influencing the selection, organization, and framing of topics across multiple subjects. The cumulative effect is the systematic privileging of external ideological perspectives over India's own civilizational knowledge systems, intellectual traditions, and Dharmic worldviews, resulting in a syllabus that falls short of providing a balanced or authentically Bharatiya intellectual foundation.
Sharing extracts in tabulated form
@DoPTGoI @EduMinOfIndia @rashtrapatibhvn @PMOIndia @HMO

[Navroop Singh @TheNavroopSingh]

Ideological subversion by leftsits in schools and universities