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#CNBCTV18Exclusive | Sanjeev Sanyal, Principal Eco Advisor To CNBC-TV18: We have been very apologetic about wealth creation for way too long. In the eco survey we have tried to make a case for markets, privatisation, entrepreneurship
@ShereenBhan @Sapna_CNBC #CNBCTV18Exclusive | Sanjeev Sanyal, Principal Eco Advisor To CNBC-TV18: India must seriously look at adopting bilateral netting laws. Large capital locked up in banking system that can be used elsewhere. Bilateral netting laws will open up locked capital, boost derivatives mkts
@ShereenBhan @Sapna_CNBC #CNBCTV18Exclusive | Sanjeev Sanyal, Principal Eco Advisor To CNBC-TV18: Made the case that we can allow the market to work when it comes to food prices. Essential commodities act does not always stabilise prices, it can exacerbate the problem
@ShereenBhan @Sapna_CNBC #CNBCTV18Exclusive | Sanjeev Sanyal, Principal Eco Advisor To CNBC-TV18: In principle, a simple low level of taxes is a good thing in general. Moving to low level of taxes must happen in calibrated stages, cannot happen overnight
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CNBC-TV18
@CNBCTV18Live
Café Coffee Day founder VG Siddhartha went missing last night. He reportedly got off from his vehicle near a bridge at 6 pm near Mangalore and has not been found since
@ShereenBhan @blitzkreigm @_anujsinghal @latha_venkatesh @CafeCoffeeDay As of March 2019, CCD had 1,752 cafes across India. CCD clocked revenue of Rs 1,777 cr & Rs 1,814 cr in FY18 & 19, respectively. Company is eyeing Rs 2,250 cr by March 2020
@ShereenBhan @blitzkreigm @_anujsinghal @latha_venkatesh @CafeCoffeeDay VG Siddhartha recently sold 20.32% stake in Mindtree Ltd to L&T at ₹980 a share. He currently holds 32.75% stake in Coffee Day
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CNBC-TV18
@CNBCTV18Live
Govt Official To CNBC-TV18: Road Min, @NITIAayog, @PMOIndia & @FinMinIndia to discuss auto sector slowdown; examine ways to arrest decline, provide support
@NITIAayog @PMOIndia @FinMinIndia @awnusharma Govt Official To CNBC-TV18: Govt to discuss proposal to lower GST on automobiles, other incentives to boost sales & may consider prioritising measures to tackle automobile sales slowdown over promoting EVs for now
@NITIAayog @PMOIndia @FinMinIndia @awnusharma Govt Official To CNBC-TV18: Scrappage policy seen as sales booster for automobiles, likely to come up soon; Govt may call meeting of stakeholders to discuss the automobile sales slowdown
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CNBC-TV18
@CNBCTV18Live
March Index of industrial production (IIP) comes at -0.1%
#BreakingNews
March #IIP contracts at -0.1% against 0.1% month-on-month
March #IIP data | Mining growth at 0.8% against 2% (MoM)
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Santa Fe Institute
@sfiscience
Today's Applied Complexity Symposium begins with a panel on Computation and Complex Economies, feat. Rob Axtell, Joshua Epstein, @C4COMPUTATION, Blake LeBaron, John Miller, & @MelMitchell1

(Follow this thread for live coverage all day...)

#complexsystems #economics
4 Principles of Collective #Computation:

1 Ground truth (objective reality)
2 Effective ground truth (what we agree on, whether or not it is accurate)
3 #Information can be collectively encoded in #networks
4 Outputs are a product of collective dynamics

@C4COMPUTATION right now
"I think #economics really needs to adopt a generative framework with agent-based models of cognitively plausible software people...[and] we don't choose to fear."

- SFI'S Joshua Epstein (@GeorgeMasonU) on modeling emotions at today's ACtioN symposium:
Santafe.edu/action
Read 44 tweets
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foone
@Foone
Someday I want to figure out what exactly was wrong with my family's first PC.
It was a 25mhz 486, but it would sometimes hang... and I only ever found THREE PLACES it would do so.
Those three places being:
1. While loading Duke Nukem II, while still at the command line
2. While loading Access Software's "Echelon"
3. While playing the "government attack" cutscene in Solar Winds
I think #1 and #3 were at times of palette fading, so possibly a graphics glitch?
But #2 is during a CPU-heavy pc speaker manipulation trick, and the game is CGA, so not a palette manipulation trick
Read 39 tweets
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Chappers
@PJChapman74
Thread!! Big thread! Oh, coffee! Don’t go any further without coffee! This is an 80+ tweet thread about tax! People with goldfish-type attention spans, or people with no interest in tax or #Brexit need not even attempt. You have been warned!! There are three facets…
…to the “Brexit was about tax avoidance” conspiracy theories. We have “Brexit was brought in after the EU introduced the Anti-Tax Avoidance Directive”, “Brexiteers want to keep details of their tax avoidance schemes secret from the EU” and “Brexit is about protecting…
…the UK’s tax havens. Did you know Mogg’s firm made £103million profit and paid zero tax?! Shocking!” The success of the conspiracy theory lies in the complexity of the truth. “The truth is out there” as they say. Well in this case, it’s in here. For the first time all…
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Jesse Norman
@Jesse_Norman
In recent days I’ve been asked a lot if I would stand for Leader of the Conservative Party. It’s already a crowded field, and my reply has been that the views of my constituents, party members and colleagues should shape that decision, and I will carefully consult among them. 1/
As a campaigner, over the past fifteen years and more, through books and articles, in interviews and speeches, as candidate, MP, Select Committee Chairman and Minister, I have tried to make the case from first principles for a proper, classic conservatism of public service. 2/
That conservatism ties thought and action together, and I have argued for it since 2006: in Compassionate Conservatism, Compassionate Economics, The Big Society and in my books on the ideas and impact of Edmund Burke and Adam Smith. 3/
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Reactive Measures
@reactivemzrs
[THREAD] Our Understated State of Crisis

Why We Need a National Address and More Urgent Action from Elected Democrats [1]
Imagine you're watching the news as the network cuts to a press conference at the US Capitol steps, where we see all House and Senate Democrats standing behind Pelosi and Schumer, who provide the following statement... [2]
"The President and his administration are engaging in criminal activity and committing human rights violations, and there's strong evidence to suggest they are willfully aiding adversaries. Clearly, these are not normal times..." [3]
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Parabolic Trav
@parabolictrav
1/ My full bull case: I really think from a macro standpoint we're just working off the big post S2X bull wave, and now rounding up back into trend. When I look at Crypto charts I constantly see this bowl/rounding pattern for bottoms everywhere. Tops decelerate, bottoms higher.
2/ I've shown how historically corrections/bear markets are just retracements of extension moves. The Feb 5-6 huge wick on BTC marks the completed retracement for me, and the eve retest of that wick confirmed it.
3/ The 2016-2017 bull wave was off the charts powerful, with no real correction of any degree. This correction has only retraced the very top part of the move, and sets us up nicely for the follow-through wave in my mind. Hence why we are "rounding" per the first chart.
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