Hey listen you fucktard @elonmusk : no one gives a monkey’s toss about you. No one. Not in China. Not in India. And not even in your adopted United States. And remember we are India. We invented the Kamasutra so we can screw you in positions that even @SpaceX can’t imagine!
@DavidMKeyes@Starlink You d**b F**ks get off Twitter and see every village in India have internet we don’t need stupid starlink, even if you come definitely it will be flop show like Tesla just wait and see 😂
nifty now down 330 points !
It seems like a vicious cycle now, FII outflows and higher oil prices leading to a fall in the rupee
and the fall in the rupee causing more FIIs to withdraw money
yesterdays sell number is not small, over 6000cr
we all know the main reasons for FII selling India , not enough participation in global growing themes like AI etc
but the rupee fall is a fresh trigger for sure
with the rupee now at 97 to the dollar, India is now even more unattractive as an investment destination to foreign investors
and remember the rupee is close to all time lows despite the RBI spending 50 bln$ of its reserves to defend it
the other big problem is taxation, which should be addressed to allay concerns
for foreign investors what really matters end of the day is post tax post currency returns
FIIs have to pay long term capital gains tax, transaction tax , in some cases dividend withholding tax while if you compare it to investing in US and China, a foreign portfolio investor pays zero tax thats a huge difference
its a perfect storm so if india wants to attract real global capital into the country , it has to fix a lot of issues, the rupee , taxation , innovation and growth.
@Nifty0007@Chopsyturvey Don’t be lazy, it’s not too complicated to remember, people can remember heroine names, cricketers names etc. 10 year old can easily remember these, get out of 2 minutes noodles mindset
@Amara_Bengaluru Freebies, caste politics keeps them in power for long, irrespective of what happens to markets they will get thousands of crores of tax, why should they bother?
@wonnendaf@MeShankara Twitter ನಿಜವಾದ ಸಾಧಕರಿಗೆ ಮಾತ್ರ blue tick ಕೊಡಬೇಕು, ದುಡ್ಡು ತೆಗೆದುಕೊಂಡು ಬೀದಿಲಿ ಹೋಗೋ ನಾಯಿ, ಕತ್ತೆಗಳಿಗೆಲ್ಲಾ blue ಟಿಕ್ ಬರ್ತಾ ಇದೆ.. ಸೊ ಈ ಥರ ಕೆಲಸವಿಲ್ಲದ, ಕಸ, ಅಯೋಗ್ಯತನದ ಪೋಸ್ಟ್ ಗಳನ್ನು ಹಾಕ್ತ ಇರ್ತಾರೆ.. blue tick ಹಾಕೊಂಡು ಕಸ ಸುರಿಯೋ ಜನರೇ ಜಾಸ್ತೆ ಆಗಿದಾರೆ.
@Amara_Bengaluru Either GDP or economic data is fake or stock market is behaving differently, it can’t be both. Stock markets are irrational but not stupid, personally I feel economy is somewhere broken which big guys are aware unlike retail investors
Uday Kotak says India needs to rethink gold.
Indians have accumulated enormous wealth in gold.
But gold mostly stores wealth.
It doesn’t directly fund businesses, factories or infrastructure.
The challenge is to move more household savings from gold into productive assets.
India has plenty of savings.
The bigger opportunity is to put those savings to work.