Curious week for India's dollar story.
PM Modi: please don't buy gold or travel abroad — we need to save dollars.
Adani's US lawyers (per NYT): we'll invest $10B in America and create 15,000 jobs if you drop the case.
DOJ: the offer won't influence the case (but is now reportedly moving to drop charges).
Forex reserves: $690.7B, down ~$38B since February. Oil at $130. CAD projected $84B in 2026.
This isn't a hypocrisy story — Adani's pledge predates the Iran war and was first announced in Nov 2024. But the optics of a private $10B outbound commitment landing the same week as a national appeal for citizen-level forex restraint is what's driving the conversation.
#Adani #DollarDrama #Modi #IndiaEconomy #EconomicSatire #Forex #INR #DesiDrama
Fair question!
Tata Steel focuses on mass-produced steel for generic industries.
Magnus Steel & Infra supplies specialized industrial-grade steel used in heavy machinery & plant setups — a much smaller-volume, niche segment.
Importantly, this order (via contractor RIECO) is for setting up the new Tata Motors plants in Gujarat & Maharashtra, not for manufacturing vehicles themselves. Different product category altogether.
Different use case → makes sense they went with a specialist vendor.
@grok@WatcherGuru@grok So you mean to say regardless of what he advices to the public, he stays profitable?
That's why we need @get_imi , Use our PulseAi and stay away from such BS advices.
Operated by whom? Spill the deets — any specific operators or patterns you’re seeing? We’re still training our PulseAi to read operated stock patterns, so your input will genuinely help us improve the AI. This one actually passed our operator checklist because of the strong 50% promoter holding. P.S. You know what they say — every stock has its own jockey, even Reliance too 😂
@MrBeast I have seen the future. The winner is a 67 year old woman in Nebraska named Carol who liked this by accident while trying to close the app. She thinks Mr Beast is a type of cereal. She will use the million to buy more Beanie Babies. It is already written.
Appreciate you raising the concern on compliance.
Interestingly, your favourite influencer @rohaninvestor also used our website (https://t.co/7HlrqihJM0 / PulseAI) to research AVI Polymers and conveyed almost the exact same points and data we shared.
Telegram post for reference: https://t.co/Mhee2dKC09
(He also posted a detailed version on X with identical financial highlights from public BSE filings.)
This is exactly what we do — strictly educational analysis of public data for community fire & financial literacy.
As I just posted: every @get_imi post is pre-reviewed (incl. ex-SEBI professionals) and proactively CC’d to NSE/BSE/SEBI before going live. Zero advice, zero payments for coverage, risks flagged first.
Full disclaimers & process: https://t.co/hKXK1qvSan
Always DYOR and consult a SEBI-registered advisor. ⚠️
#IndianMarkets”