@Iamsamirarora@Core_Belief Hi @Iamsamirarora - But IRAS has now confirmed withholding tax needs to be paid on interest on loan from India Gift City branch making the structure uneconomical along with biannual filing hassles. Net yield is is now only 10.1% pa with 9x leverage after 10% WHT under DTAA
My Guru tells me “Chess teaches what life often forgets: not every move has to be fast. The best ones are patient, deliberate, and made with the endgame in mind.”
Sanjay Mehta lives in Mumbai. His 90-year-old father lives in Delhi. Two attendants now care for him round the clock.
NRI children are turning to such elder care firms in growing numbers too. How to pick one you can trust:
@RijuMET reports in this week's @ET_Wealth Wealth cover story.
Your large-cap portfolio will not make you rich.
Reliance, HDFC, TCS protect wealth.
They will not create it.
A ₹15 lakh crore company doesn't 10x.
The math doesn't allow it.
Real wealth gets built in the ₹1,000–10,000 Cr band:
→ Small enough to re-rate
→ Growing earnings 25-40%
→ Still not fully owned by funds
Retail buys the brand it knows.
Wealth gets built in the names you've never heard of.
“Speak to your children as if they are the wisest, kindest, most beautiful and magical humans on earth, for what they believe is what they will become.”
Dear managers,
When framing employee performance issue, ask yourself, is this a:
1. skill problem? (lack of expertise)
2. hill problem? (difficult task)
3. will problem? (attitude, not aptitude)
Smart leaders find root cause and precisely coach towards higher performance.
The more time you spend on your phone, the less likely you are to understand the meaning of your life.
Arthur Brooks explained this on CBS News: Constant scrolling and distraction push us into the left side of the brain — the analytical, problem-solving part — and away from the right side, where we process love, beauty, mystery, and meaning.
We’ve engineered a life where we’re always “doing” and never really “being.” Our grandparents didn’t have panic attacks behind the mule because their brains were working the way human brains evolved to work.
The solution isn’t complicated — it’s old: Ask big questions. Cultivate real relationships. Sit with beauty. Learn from suffering instead of trying to eliminate it.
How much daily screen time do you think is quietly stealing your sense of meaning? What’s one non-screen habit that helps you feel more grounded or purposeful?
Singapore's Foreign Minister published the architecture for his "second brain for a diplomat" yesterday. Architecture diagrams, design rationale, the works. A developer-style writeup of his own system.
It runs on a Raspberry Pi. It connects to his WhatsApp and Gmail, transcribes voice notes locally, ingests speeches and articles, and builds up a knowledge graph over time. It answers questions, drafts speeches, condenses information. He says he doesn't dare switch it off.
What @VivianBala built is one-of-one. There's no other setup like it. But what he built it from isn't.
He composed four open-source pieces:
- @NanoClaw_AI , the agent framework: https://t.co/JlIJqOVBFG
- Mnemon, the persistent memory layer: https://t.co/ugrB7uF6XL
- OneCLI, the credential proxy that keeps API keys out of the containers: https://t.co/sTGn59abpF
- The LLM Wiki pattern by Andrej Karpathy, the synthesis approach: https://t.co/wqvlVzcnyk
None of them are his. The composition is his. And then he published the composition: https://t.co/azzfijyzPs
He didn't keep it internal as Singapore's edge. He didn't spin it into a product. He didn't gatekeep. He wrote it up and put it on GitHub.
There are tens of thousands of doctors, lawyers, researchers, investors, and operators building one-of-one setups for themselves right now. Some simpler than Vivian's, some more elaborate. The impulse will be to sit on it. Treat it as your edge. Think about what product or company you could spin out of it. Resist that impulse.
Vivian put it directly: "The diplomat who learns to work with AI will have a meaningful edge. I think that edge is now."
The specific thing Vivian composed will be obsolete in months. His real edge isn't the system. It's his ability to build it. Being plugged in, up to speed, able to cut through the noise and connect the right pieces into something that brings real value.
Sharing the blueprint doesn't give that away. It amplifies it.
You become a beacon. Other people working on the same things find you. They share what they're building, suggest improvements, point at things you didn't know existed. You learn faster. You stay in the center of where things are happening. Publishing isn't giving away your edge. It's doubling down on it.