Rushikesh Tade

[Rushikesh Tade @rushikesh988]

@RoHiTBhiLaRe03 @zeptocares @ZeptoNow is shit ... use @letsblinkit

[Rushikesh Tade @rushikesh988]

@JioMart_Support Messaged

[Rushikesh Tade @rushikesh988]

@help_delhivery

[Rushikesh Tade @rushikesh988]

Not sure how it works with delhivery, delivery driver came to my building and then refused to deliver when I asked him to come to my floor , building had working lift and everything.Never have I seen this kind of behavior from any other company.Very Very disappointed.
@delhivery

[Rushikesh Tade @rushikesh988]

@delhivery @JioMart_Support Can I get some help here . This is a Jio Mart order and Agent has been marking delivery failed since last 2 days. Order id JM6A477F060102325CE1 .

[Rushikesh Tade @rushikesh988]

@help_delhivery Any update on this ? Delivery guy again marked it again as failed without contacting me .

[Delhivery @delhivery]

@rushikesh988 Hi Rushikesh, thank you for bringing this matter to our attention. Your concern has been escalated to our internal team for further review. As soon as we receive an update, we will inform you immediately. Thank you for your patience.

[Rushikesh Tade @rushikesh988]

@srkntnyldz Risking life for duppata is ultimate stupidity

[Rushikesh Tade @rushikesh988]

Not sure how it works with delhivery, delivery driver came to my building and then refused to deliver when I asked him to come to my floor , building had working lift and everything.Never have I seen this kind of behavior from any other company.Very Very disappointed.
@delhivery

[Akshat Shrivastava @Akshat_World]

A politician in India betrays your trust.
You "unfollow" him.

And, think that's revenge 😂

Well, it is just some dark level of helplessness.
If you think of it: there is nothing else that can be done.

[Akshat Shrivastava @Akshat_World]

Indian Economy is now a race to the bottom.

1) To win election you need to give freebies
2) To give freebies you need to divert capital from long-term plans. And, tax people more.
3) No long-term planning= poor growth.

Poor growth = increases the need for freebies.

We are basically in a death loop.

[Manoj Arora @manoj_216]

They are busy landing rockets on ships.
We are busy putting tilaks to Hindus in Lenskart stores.

[Akshat Shrivastava @Akshat_World]

1) Indian IT DOES NOT innovate.
2) Indian Manufacturing lacks capital and CAN'T innovate.
3) Biggest capitalists in India have NO NEED to innovate.

They survive on government patronage. And, can't compete globally. India is their only hunting ground.

This is a fact. Like it, hate it, bash it. When the focus is on religion, freebies, hate-mongering, it doesn't lay the basic groundwork for any innovation.

Give it 5 more years, India will feel 20 years behind due to speed at which AI is moving.

[Akshat Shrivastava @Akshat_World]

Why is INR falling?

1) Anything in the world falls because supply >> demand. While government controls the supply of INR, the demand is more free market.

2) There is more demand for US$ >> INR

3) Why is there more demand for US$? because it has more use cases

4) Consider stock investing for example. People invest in stocks to chase "growth". More growth investing options in the US.

In India, growth investing right now seems to be= collect SIP money, dump a % of it on crap IPOs, then do long-term, long-term. And, give FIIs exit.

5) People invest in the debt market for stability. US might look unstable to a noob. But, every time there is more risk in the world: people flock to Gold & stable FIAT currencies like US$ or Swiss Franc or SGD

6) People want to "trade": when you trade, the seller wants to be paid in a stable and useful currency. US$ tops the chart.

7) People want free movement of capital. A person in the US can move a 1Mn$ out easily. But, a person in India can't move 9Cr outs easily. First they have deal with incompetent banks. And, then pay crazy commissions to just move their capital

8) People want low volatility on Fx. Meaning if a Foreign Investor invests in India for 1 year, they would hope that the currency doesn't move in either direction by a lot. Else, they could simply buy BTC, if they were okay with volatility.

9) Finally, demand for a currency comes: if the source country has something useful to offer. Eg. there is demand for Chinese Renminbi b/c China is the best low cost producer for a series of useful goods: right from Diwali lights to Holi Pichkari to now EVs.

In India, the sub-set of such products is way too small.

10) In summary: if we are spending INR to push ladla-launda or Berozgaar Yuvati types schemes. We are burning INR. There is no macroeconomic gymnastics at play.

Garbage in (ladla launda, Berozgaar Yuvati, capital control, no mfg MOAT)= garbage out.

[Rushikesh Tade @rushikesh988]

@BSNLCorporate is probably worst telecom company in India.
Customer care hung up on me when asked for PUK code for my mobile.
As for landline they are issing recovery notices when my last bill was negative.

Why don't you sell it instead of wasting our tax money @JM_Scindia

[Akshat Shrivastava @Akshat_World]

Very good question: b/c where you 'reside' decides your residency, not national identity.

National identity has a massive impact on you/your kids/your grandkids -- even when people give up Indian citizenship.

For eg. Singaporeans are considered to be very honest people. It took them a couple of generations to get there.

Hoping the same for Indians.

[Manoj Arora @manoj_216]

Corrupt? No way...
We are doing all this to promote Make In India!

[Akshat Shrivastava @Akshat_World]

Okay, so Indian government recently:-

1) Prohibited retail investors from buying Bitcoin ETFs.
2) Earlier they capped mutual fund overseas investments (to curb US stock buying).
3) And, for NRIs has limited outward remittance to $1 million per financial year—even for fully tax-paid wealth.

Not a very healthy sign: when people are "forced" to invest in local economy by limiting other options.

[Rushikesh Tade @rushikesh988]

@PMOIndia

[Manoj Arora @manoj_216]

Corrupt? No way...
We are doing all this to promote Make In India!

[Rushikesh Tade @rushikesh988]

@WSJ Why did you share this... now I want to read it all

[Akshat Shrivastava @Akshat_World]

Uneducated idiots will push Whatsapp forwards (an American company by the way) on: "How 1.4Bn people will now teach US a lesson".

Illiterate politicians will take the Boing plane (again, an American company) for their meet in Delhi. Laser eye Ministers will preach: "everything is not West centric", while quietly filling forms for kid's change of citizenship.

We forget: that India over the last 3 decades has been deeply dependent on US Economy: right from jobs at TCS to our Tech Stack with AWS, Google, Azure etc. The co-dependency that India has on US is unreal.

This is not going away, unless our internal capabilities are built. To build these internal capacities: honest people need to be given sensible incentives to stay back. Merit needs to be rewarded.

To build any capacity: you need meritorious people to stay back. And, feel valued.

They should be allowed to build basic wealth. Not everything should be handed over to cronies.

And, it starts with government operating from good faith: eg, cutting GST on small business owners; cutting divided taxes; passing on the benefits of Oil price decrease; making political funding transparent.

Many of these steps can be taken in the next 3 months.
Let's wait and see if this happens.

[Manoj Arora @manoj_216]

In India, ethanol is primarily sugarcane based, unlike US, EU and other western countries.
It takes ~3,000 liters of water to produce 1 liter of ethanol.
Assuming 200ml of ethanol blending in 1 liter of fuel, it is roughly 600 liters of water per liter of fuel we use.
Ethanol blending is not going to end well.