SRT fanboy, proud Indian, equity investor, compulsive contrarian . All opinions are personal and stock discussions are for educational purposes only !!.
Anthropic coming in with $1T valuation and SpaceX is at $1.7T . Absolutely staggering numbers and just for context our largest listed profit making company is at $200B . Neither of these two IPO bound giants have any path to profitability!!, surreal times !!
Abolish LTCG on equities and give a commitment that it won’t be reinstated for at least 5 years - watch how a new bull market will unfold, exchange rate will stabilise and deficits will be back in control. @nsitharaman@PMOIndia
Yes not taxing them in India is not a favour but a necessary step. That said, they shouldn’t have reinstated LTCG on equities even on Indian investors. Big mistake!!
I believe it's an excellent move not to tax FIIs. When you and I make gains on say Nvidia shares we pay capital gains tax here in India, not in the U.S. Likewise FPIs are governed by the tax laws of their country of origin. That's destination based taxes. We shouldnt have taxed them in the first place
@EthanHuntFan I did and it was complete waste of time. Also I am offended by his earlier statements about Telangana people being jealous of konaseema (again no amount of twisting can change what he inferred). He is jealous of Telangana and now of Vijay :-)
Whosoever is giving the script is sabotaging Pawan Kalyan’s political prospects in both AP and Telangana. For starters - common public in general have moved on from bifurcation so what exactly is he trying to solve?
@EthanHuntFan Boss he talked about so many irrelevant issues (not about what X said). He even said people in Telangana will complain about national anthem
No doubt schemes like PLI have moved the needle but really incremental. We are more dependent on China now than anytime in the past , trade deficit was $28B in 2010-2011 to $100B now. It’s just so painful to see things get worse year after year
True but are we prepared and are we taking the right steps?. After the Galwan battle with China our deficit has only gone up many times. Was $44B in 2021 to $100B now.
True but are we prepared and are we taking the right steps?. After the Galwan battle with China our deficit has only gone up many times. Was $44B in 2021 to $100B now.
New set of additional tariffs again being contemplated by US govt. Hostility towards India on so many fronts !!, if this doesn’t push us to get our act together- nothing else will
How conciliatory it would have been for millions of students if Modi expressed regret or apologised for the NEET goof up during his monthly address?. Doesn’t mean it’s an admission of guilt and doesn’t mean he is directly responsible for it but a bit of magnanimity would go a long way in calming the situation.
#BREAKING: Major Action by Modi Govt on the CBSE related controversy. CBSE Chairman and Secretary shunted out, transferred. Inquiry committee constituted to probe the procurement of On-Screen Marking (OSM) services by CBSE.
Utter nonsense, everyone who continued to invest in decent SIPs for last 10 years made good money - definitely about 12-13% CAGR if not more. Why have so many people started crying about SIPs suddenly?
No single Sip investor has gotten rich
The advisor got rich.
The AMC got rich.
The distributor got rich.
AMFI got rich running ads with your money.
You got a PDF statement showing 11% CAGR that doesn't account for inflation, taxes or their fees.
Congrats on breaking even.
How do you push a giant downhill and make it go bankrupt - BSNL made 10K crores net profit in 2005, was sitting on 35K cr cash. Case study on how to destroy companies and entire credit goes to govt of India https://t.co/1PYkvE2UB6
#WATCH | Delhi | On the statement of Karnataka CM-designate DK Shivakumar, BCCI Vice President Rajeev Shukla says, "...The playoff matches are BCCI-organised matches; we always strive to host major fixtures, such as the finals, in stadiums with large capacities. This ensures that substantial revenue is generated and that the maximum number of spectators can be accommodated. That is precisely why we selected Ahmedabad; with a seating capacity exceeding 1,00,000, it makes it much easier to accommodate everyone, including our members and various other attendees..."
He further says, "Vaibhav Sooryavanshi has truly been the discovery of this IPL season...He is a phenomenal player and he possesses the ability to perform consistently over the long term"
@ACTFibernet I am not interested in these pointless explanations, every time it goes off it takes at least 12-14 hrs and it hasn’t changed for so many years. How long will you continue to exploit because you have a virtual monopoly?
PM Modi's #MannKiBaat came & went without a mention of the NEET, CBSE & CUET mess.
Let's not pretend this is beneath the Prime Minister's attention. We have seen the full communication apparatus mobilised over far smaller matters. Photo ops, speeches, tweets & inaugurations for projects of purely local significance.
When millions of students are affected, however, the country is expected to accept silence.
Strange priorities for a nation that calls its youth its greatest asset.