China is building dominance in the industries that will define the next 20 years- rare earths, magnets, batteries, EVs, robotics, semiconductors and advanced manufacturing. JL Mag is a perfect example. It already dominates high-performance rare-earth magnets and is now moving into components for humanoid robots. The strategy is simple: own the raw material, the technology, the manufacturing and eventually the entire ecosystem.
Meanwhile, much of Indian business is still chasing softer opportunities- bottled water, ice creams, snacks, packaged foods and instant delivery. Even our great software success is largely built on labour-cost arbitrage.
China is building tomorrow’s infrastructure. We, in India, should be asking- what are we building that the world will need tomorrow?
Biggest Health Crisis in India 🚨
FOOD ADULTERATION - खाने में मिलावट
👉Urea in Milk
👉Oxytocin in Vegetables
👉Caustic Soda in Paneer
👉Brick powder in Spices
👉 Yellow dye in Honey
👉 Steroids in Poultry
👉 Detergent in ice cream
We all are consuming slow poison!
Raised this serious issue in Parliament today. Watch my intervention.
Nearly 40 lives lost in 2 weeks to bus fires.
People travel to see their families, not meet their end.
Time for strict safety norms — safer wiring, emergency exits. Enough is enough. 💔
Mechanics are already seeing more fuel system issues.
E20 in E0/E10 engines = damage waiting to happen.
We warned. The govt ignored.
📢 Demand your right to choose fuel. Tag @PetroleumMin@MORTHIndia.
#FuelTruth#E20Scam
No doubts bear markets are unavoidable and is part of cyclical nature of the markets. But central government too has contributed significantly for the current bear market.
Previously STT (Securities Transaction Tax) was brought in the place of capital gains tax and long term capital gains tax was duly abolished. Modi government brought back the capital gains tax and did not withdraw STT which was actually a substitute for capital gains tax.
Adding salt to the wound, it increased both STT and capital gains tax significantly last year. We are the only country in the world to levy capital gains taxes on FIIs (Foreign Institutional Investors). Not only this tax has been spooking them but last year increase was last straw in camel’s back. And no one knows for sure where this government would stop -12.5% or 15% or 18% or 20%. There is no policy consistency or clarity.
FIIs have been selling hugely almost every other day since then. Instead of inviting them for a discussion and understand their concerns, the government’s constant rant has been let FII go if they want to go and we’ve retail money to support the markets. Now, even retail money has started drying up.
Even well-developed nations, care about FIIs and their investments into their markets. Whereas despite being a poor country, we are very arrogant, create policies unfavourable to FIIs and doesn’t care if they leave.
While chasing away foreign money by their actions, the government was talking up the markets nudging even ignorant Indians to invest. Prime Minister asked people to invest in PSUs stocks. Many of them have now fallen a lot, even as high as more than 50%. During elections, which was almost close to the last market peak, Prime Minister, Home Minister and External Affairs Minister enticed public to invest in markets. It is irresponsible on the part of government to keep talking up about markets.
The government even took credit for bull market. Will they now take the blame for bear market? Markets are always cyclical. Both bull and bear markets keep occurring naturally. Government, as far as possible, should not speak about markets. They are there only to regulate the markets through finance ministry and SEBI.
What government is going to answer those people who are ignorant of markets, but invested in it and especially in PSUs because they were nudged by Prime Minister and other senior ministers?
Government chasing away foreign money by their taxation policies and actions is affecting tens of millions of Indian investors. How government is going to remedy this?
When government will understand the importance of capital markets as a necessity for a sound and healthy economy?
FIIs already face market and currency risks. At least taxation and policy risks can be avoided by the government.
Will government at least act now to bring foreign investors back?
@KiranBhosale007 Congratulations Bhau ! You are the inspiration to many small retail investors/Traders to Dream Big & Achieve Finanacial freedom early.
The man with one leg & maimed back is standing the tallest Today at wankhede! An innjngs that defied logic, that tested the limits of human capabilities . The Big show Maxwell today become Immortal in world cricket!!
#Maxwell#AUSvsAFG
One major thing missed in this entire #CWC2023 is close encounters. After almost half wc matches complete, no match got even closer, all wins are very big margins. look at the NRR of teams😳!What happened to ODI cricket 🙁. @cricketaakash@MohammadKaif#SAvsBAN
In a 100 over game, Within 6 overs Srilanka collapsed to Point of no Return! Final Done & Dusted!
Siraj a legend in making! What a performance.
#Siraj#AsiaCupFinal#INDvSL