The inaction on addressing FII outflows and slowing FDIs has costed us big .. rupee at almost 97…
This is poor policy response !!! It’s not just the crude .
Many folks I know are dancing on Kumar Mangalam Birla being appointed as Chairman of Vodafone Idea
Ask yourself 10 times , what difference does it make ?
1. Mr Birla's role is Non-Executive in nature meaning he will not run the company
2. Earlier also his presence did not lead to higher profits / earnings or turnaround
These are sentimental things, if I was a shareholder i would be more focused to see a tariff hike, debt / equity fund raise for business to succeed.
Birlas have run several businesses successfully, however Vodafone Idea is still fragile and a turnaround would take a larger effort.
Farm Laws: Passed in minutes, repealed in panic before polls
DGCA FDTL rules: Announced with pride, reversed quietly after airline tantrums.
Bold announcements, zero spine when pushback comes.
Electoral giants, implementation dwarfs
#BJPGovernment#Congress@BJP4India@INCIndia
China adds tax to condoms as it works to boost birth rates
After 32 years, China is set to impose a tax on condoms in an effort to boost birth rates amid a steady decline.
Starting January 2026, under the newly revised Value- Added Tax Law, Chinese citizens will be required to pay a 13% levy on all contraceptive items, including condoms.