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How Extinction Rebellion 168 climate change zealots - incl. a baronet's Cambridge-educated granddaughter - are paid £400 a week to bring mayhem to our streets. Tory MP called on #HMRC to launch an immediate investigation into the XR tax affairs
mol.im/a/7566515
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Paid XR activists who call for collective guilt & punitive #taxes on the western #taxpayer are enabling new breed of green capitalism, that make select few fabulously rich, while the rest of us choke down meatless hamburgers & pay our #politicians to tax us into oblivion
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Climate Mobilization’s call to action has also managed to unite leftists & anti-capitalists with the global elite. Extinction Rebellion’s call for “net zero” atmospheric carbon is shared by The World Bank, and a host of neoliberal think-tanks & financiers
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Read 10 tweets
Corporate Bond Market in India - A snapshot

Corporate Bond Market comprises of all the debt fund-raising/ financing/ fund mobilisation activities by Corporates through debt capital market instruments - Debentures or Bonds. Read on to know more about this market. Thread 1/12
As per SEBI data, the total outstanding corporate bonds in India aggregate to ~ Rs. 30.63 lakh crore.

This is about one third the size of the G-Sec market as well as the aggregate of Bank credit (i.e. total outstanding loans of banks). 2/12
The accumulated value of all the Corporate Bonds outstanding is only about 16% of the GDP.

In comparison, the size of the US corporate bond market to GDP is ~124%. It shows that the corporates in India rely heavily on banks. 3/12
Read 18 tweets

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