Ugh, these auto drivers between Kabardanga Fish Market and Nepalgunj are something else! One just slammed his brakes mid-road to grab passengers. When confronted, His reply -- "Kono baba amay touch korte parbena" – unbelievable arrogance. @KolkataPolice@WBPolice@KPTrafficDept
15 years after this statement, with the introduction of VAR, Manchester United have rightfully become the mid-table team Le Professeur Arsène Wenger predicted.
Wenger is always right 🫡
When a person from Goa goes to Gujarat to view Statue of Unity, does it add to the GDP? Yes.
But, does it bring foreign wealth in? No.
On the flip side: when an Italian goes to watch Burj Khalifa
Does it add to GDP? Yes.
Does it add foreign wealth to UAE's economy? Yes.
Which country do you think gets richer overtime?
You are smart enough to understand.
How countries get rich?
1) Every country has a method to bring foreign money into their economy.
2) Bringing foreign wealth is critical for any economy.
Why? because this actually raises the living standards. And helps scale GDP/capita fast.
3) How countries are bringing foreign wealth in?
- China brings foreign wealth through (net exports).
- Thailand through tourism
- UAE via Real Estate, business setup and building a livable country ("pull" factor)
You get the point.
4) What about India?
- We are net importers (so our trade doesn't work like China)
- Foreigners do not really buy Real Estate here
- Tourism? (it is on and off)
- Debt? (we can ban our own currency; so foreign investors would be crazy to look at our debt)
- Stock Market is probably the only option to bring wealth
Last 20 years went into building India as a base for bring foreign wealth via equity,
5) The idea was simple: India has a strong young demography + a great domestic consumer base.
As India grows from a lower base, the paying capacity of Indian consumers would substantially improve.
The cheap "labour arbitrage" was the underbelly of this thesis. Cheap labour + capital + foreign innovation could help India become the next China. The hope was: a lot of quality startups would be created.
The model made sense on paper. It was a win-win-win for: the foreign investors, Indian firms, Indian people.
This would have allowed us to build a "real MOAT"
Foreign Investors saw this. And, pounced on this opportunity.
6) Unfortunately, due to poor economic policies, the above thesis took a hit.
Then came COVID. Which gave the government to raise excessive money. And, undertake productive capital spent.
But, a large chunk of this went to corruption. Example: post 2022: we literally created fake industries: eg. Adulterated petrol. And, built listed firms around it.
Then came AI: which killed the competitive MOAT of India's manufacturing base (i.e Cheap Labour)
7) Even FIIs started seeing this. The investments they made pre-2020 have mostly been existed now (on good profits)
Our net Foreign Investments have been low for the last 5 years. And, this trend is not improving (yet)
8) Retail after initially burning their hand are more cautious now.
They understood the game:
- PE/VC foreign funds invest early stages
- Mutual Funds collect money via SIPs
- Gives their early PE/VC funds an exit with retail money.
So screwing retail over and over again is not that easy anymore. Foreign Investors get this now. And, are being cautious.
9) When will FIIs return to Indian markets?
Well, when this game can be played again.
In some other capacity.
Or a new game can be designed.
10) Till, then India would have to:
- Take a beating on tourism from Thailand/Vietnam.
- Take a beating from China on exports
- Take a beating from US when it comes to Equities
**And, yes, In USD terms Nasdaq outperforms Indian equities)
***Not saying India equities are bad. What I am saying is: India is a trading market on equities. Trade the way: FIIs are trading and move on.
💣 LEAKED Files Suggest US-Backed ‘Gen Z’ Network Behind Nepal’s 2025 Coup - Report
Newly leaked files reviewed by The Grayzone claim the US govt covertly funded Nepalese youth groups ahead of the violent 2025 political upheaval.
According to the docs, the mobilisation aligned with Washington’s goal of curbing Chinese and Indian influence in Kathmandu, which is now led by an interim PM selected through an informal and anonymous Discord poll. (The Grayzone)
@TheGrayzoneNews report summary 👇
Rival fans celebrating City going just two points off the top (with Arsenal having a game in hand).
The entire country would rather see a club that has 115 charges against it win the league over a classy, historic, and ethical team.
It really is Arsenal vs the world.
Madness.
INR at 90 is not the headline.
The headline is this:
Asia’s worst major currency of 2025 was India, with GDP still at 8.2%.
How does a “fast-growing” economy end up here?
Let’s break it down 👇
Something strange is happening in India's stock markets
In 2025, 63% IPO money raised didn't go to companies, but went to promoters and private equity
And this is not by accident, I spent weeks digging SEBI filings to understand how IPOs are rigged, here's what I found
1/12
Meter no. - 17000105937 couldn't be checked because we were stuck at an emergency in the hospital. I don't want to be billed on average. Can it be checked again on a different day? I'd be grateful. @CESCLimited
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA HAVE QUALIFIED!!!!
INDIA ELIMINATE POWERHOUSE IRAN TO QUALIFY FOR ASIAN CUP!!!! 🇮🇳🔥🔥❤️❤️❤️😭
Saturday: Both Liverpool and Manchester City lost.
Sunday: Arsenal beat Tottenham 4-1.
Monday: Manchester United lose at home to 10 man Everton.
Tuesday: Manchester City lost again.
Wednesday: Liverpool lost again while Arsenal beat Bayern Munich.
What a week.