@ActusDei Your second point makes no sense as the investment return has to be reckoned in totality. And what banks will make is the mark up on lending leverage and not as any fees
@BhagwaanUvacha only if someone understands that the โlittle red dotโ stands shoulder to shoulder with the developed world because Lee Kuan Yew turned size into an advantage, building world class institutions through discipline, meritocracy, and uncompromising governance.
@theskindoctor13 Travelled to places in Malaysia, Thailand and Indonesia. These are countries which surely are not as strong as India. But what really stands out is that, even the small cities are clean and roads are free of potholes. Cleanliness starts with individuals.
What really upset me last week was this article on Bloomberg professional which casually mentioned something like:
Due to weak INR, RBI/govt can restrict capital outflows by FIIs.
I asked them the source of this and obviously there is no response beyond acknowledgement of my message. This has never happened and any India watcher would know this as being totally outlandish but it was casually put into the article on FX outflows without further explanation.
@sandipsabharwal@FinMinIndia And there will be many who will say we donโt need gora money and DIIs are there to support the markets. An eye opener for finance ministry and hope they are looking at the mess