I didn't know Harsh Goenka also suffers from brown sepoy syndrome.
We are always so eager to mock ourselves and our country using some foreign example even when the evidence is otherwise.
Like for example, go on a frenzy claiming "Only in USA, a woman can be vice president" when Kamala was elected. Forgetting India has a long history of tall women leaders from all castes and socio-economic backgrounds and women suffrage even before the US.
So three points for Mr. Goenka:
1) Macron is still considered a young politician in his 40s. And in India, our young politicians like Tejasvi, Annamalai, Raghav, Pilot, Gogoi Jr are all quite fit. In fact, they compete in triathlons and marathons.
2) We have never seen you running like this in Mumbai. So before commenting on our 60-70 yr old politicians comparing with a younger foreigner and ridiculing them, may be consider doing this yourself. At least walk in the streets with the public once.
3) Appreciate that a foreign country's leader can jog in Mumbai on its nice footpaths, without anyone bothering him, and in full safety. Indian cities are safe and secure even for Presidents. He can't do this in Chicago or Sao Paolo, I assure you.
Honestly, I found the podcast of @AravSrinivas with @prvkhvr more insightful than the one with @nikhilkamathcio.
Maybe the questions were sharper, or maybe I understood the context better this time.
Either way, itโs worth watching.
https://t.co/dSuLo35t4u
Exchange rate will not be in favour of exporters, in few months/years.
Itโs high time for Indian companies to trade beyond $ but first focus in domestic market.
US is ~70% of the global market cap. Thereโs no way US will make 70% of the profit of the world down the line.
10 companies are 25% of the global market cap!!
Iโm not directly into capital market but this wonโt last. Few years from now, itโll look very obvious!
Thereโs some serious money to be lost. To keep this party going, theyโll keep on printing $.
$ may look like a reserve now, but tide will change sooner than expected.
Everyoneโs hyped about Co-pilot, for all the right reasons!
Meanwhile, iLovePDF has been silently carrying the corporate world on its shoulders since 2009 ๐ค๐ช๐ป
@SandeepParekh
Great article!
In my limited knowledge, I think this is very similar to Govt Bonds and commercial paper.
Great tools but very less awareness amongst retail investors. Hence min liquidity.