Resigning as a nationalist !!! This man will go long, did the right thing, too many grifters were trying to take limelight away from neet students issue in the name of anti-national politics and other unrelated issues to harm the greater good. @narendramodi@dpradhanbjp
I don't see how rates can go down now that we see Warsh as a serious practitioner, the president unable to stop the war, the allies in the region depending almost entirely on us, and oil stocks headed back up quickly. Unholy developments
India’s exemplary GDP growth of 7.8% during Q1 of FY 2026-27 is a herculean feat.
The collective strength of our people ensured India delivered such growth despite oil price shocks and supply chain issues in the midst of global uncertainties.
Doomsayers were doomed and India bloomed…yet again!
Still can’t believe Citadel warned that the risk of rate hikes was high, triggered a selloff, bought the Situational Awareness portfolio after it was forced to unwind, then turned around and said the bull market remains healthy and intact.
You couldn’t make this up if you tried.
🚨🚨Breaking: Zepto may defer IPO amid pricing standoff w/@pranavmukul@ETtech
Zepto is negotiating IPO pricing and could defer the listing over the next couple of weeks, we have learnt.
Domestic mutual funds like SBI have passed even at a pricing of Rs 18 per share…
Valuation on the table is around $2.5-3 billion, sharply below the $7 billion at which it raised $450 million in October 2025 (round led by Calpers), and below the earlier $3.5-4 billion pre-money range.
Draft papers are valid until August 21; refiling with updated financials would extend the window to end-October, keeping a deferment live if the price gap does not close.
Zepto is pitching June quarter numbers: 23% sequential growth, lower cash burn, breakeven by FY28, profitability by FY29.
Zepto’s revenue from operations more than doubled to Rs 22,623.58 crore in FY26 from Rs 11,109.94 crore in FY25. Its net loss widened to Rs 5,905.19 crore from Rs 4,699.71 crore.
🦔AI companies are bulk-buying rare books, scanning them through high-speed machines that cut the spines off, and shredding the originals. A service called ISBNdb facilitates orders of up to a million books and keeps buyers anonymous. Pre-2022 books are premium because they're free of AI-generated text. A federal judge ruled the practice is fair use because eliminating the original means only one copy exists at a time. Anthropic hired the former head of Google Books partnerships to obtain "all the books in the world."
My Take
This got to me. A bookseller told 404 Media that rare books with almost no surviving copies are being fed into this pipeline. Books that survived wars, fires, and centuries of handling are being shredded so an AI can learn to write a better marketing email.
ISBNdb's website literally says "'AI company destroys two million books' is not a headline that generates sympathy," and they still built an entire business around making it happen quietly. They offer NDAs as a feature. They coach clients to call it "digital preservation."
I've covered AI companies scraping the internet, torrenting libraries, and stealing music. This is worse because it's irreversible. You can re-upload a website. You can reprint a bestseller. You can't replace the last three copies of an 18th-century botanical text once someone shreds them for training data. And the judge said it's legal. So it's going to accelerate.
"We shred rare books and offer NDAs so nobody finds out" is a legitimate business model in 2026. What a timeline.
Hedgie🤗