#IndiaInASweerSpot
"we are fairly decoupled from America because we do not have too much exports to America compared to the size of our GDP. The Indian economic growth will not get much affected by the US slowdown or possible recession."

m.economictimes.com/markets/expert…
"in my view there is a 75% plus probability of a recession in America and the advanced economies like Europe."

"a recession will lead to a drop in commodity price and drop in oil prices."

"where commodity prices are coming down,an economy like India benefits..in multiple ways"
* "domestic inflation will come down from imported inflation risk."

* "trade deficit and fiscal deficit will improve."

* "dollars needed to pay for imports will come down hence the currency situation will improve."
* "corporate sector which uses the oil related products as inputs will also face a reduction in their input cost and a widening of the margin."
"India is in a sweet spot both as an economy which will benefit from an advanced country recession and a market which will benefit from flows in a decreasing oil price scenario."

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More from @seshanm

Sep 22
#IndiansNorthAndSouth
* It should be captioned 'Why Indians from the South outperform those from the North'

* The South of India has in general been protected from the fury of foreign invasions, mostly in the north & were much muted in the south.

bbc.com/news/world-asi…
* There is therefore a certain difference in character, qualities and approach.
* People are far more law-abiding & respectful of authority.

* There is greater emphasis on education.

* Native culture bound people closer but Islamic & Christian conversions & orthodoxy divide.
* I see Indians from the north playing catch-up in the coming decade, as can already be seen in UP.

* Certainly the lower population, higher living standards & inequitable share in representation & revenue need to be kept in mind.
Read 6 tweets
Sep 21
#SanctionMania
America & Americans are nuts..
* First, NATO, EU, USA keep pushing Russia to a corner, till it attacks Ukraine.

* American think-tankers like John Mearsheimer predicted & cautioned America OF THIS CONFLICT 6 YEARS AGO.

m.economictimes.com/industry/energ…
* From February till now Europe has been guzzling Russian gas & oil. No sanctions.

* Iran is already under sanctions. Now US wants to pose secondary sanctions.

* Why should India & its people suffer for American stupidity?
If America feels so strongly, why not use its troops to fight Russia directly, instead of using Ukraine as a pawn and propping up its defence industries with American & European taxpayers money? Nuclear Armaggedon? What guarantee that a cornered Putin doesn't set off a bang now?
Read 6 tweets
Sep 20
#BreastCancer
"Conducted by investigators at 11 cancer centres in India incld.Tata Memorial Centre in Mumbai over a 11-year period,it has shown that injecting 0.5% lidocaine, a common local anaesthesia agent, around the tumour increases cure rates." moneycontrol.com/news/trends/in…
"it opens the window of peri-operative (around the time of surgery) intervention to modulate the environment of cancer ..to prevent its deleterious reaction to the act of surgery,” Rajendra Badwe, director, Tata Memorial Centre, who is the lead investigator of this study, said."
"“Evolving low-cost interventions for cancer has been a mission of Tata Memorial Centre and the Department of Atomic Energy for the benefit of Indian and global populations and this study is a major step towards Atmanirbhar Bharat,” he added"
Read 6 tweets
Sep 19
#NationalLogisticsPolicy
Aims to improve

* To promote seamless movement of goods across India.

* Improve competitiveness of Indian goods in domestic & global markets.

* To bring down logistics cost from 13-14% to single digits as soon as possible.
1/n
business-standard.com/article/econom…
What's already done or in process:

* The total capacity of Indian ports has increased significantly and the average turn-around time of container vessels has come down from 44 hours to 26 hours.

* E-sanchit has been enabling paperless export-import trade
2/n
processes, and faceless assessment in customs has been rolled out.

Similarly, e-WayBill and FASTag are also common in highways to improve the efficiency of the logistics sector.
Read 5 tweets
Sep 18
#LegalisedCorruption

Whether you like @ShekharGupta or not, listen to what he has to say on #ElectoralBonds

* Root of political corruption in India is Electoral Funding.

* This corruption was legalized on 1st April 2017.

HOW?
* Through anonymous Electoral Bonds which also effectively amended Representation of People's Act, Foreign Contribution Regulation Act etc very quietly.

* The challenge to this is listed for hearing on 19th September I.e.TOMORROW.
* In 2019, a 3 Judge Bench of the Supreme Court passed an Interim Order.3 1/2 years has passed since then.

* In the interests of 'transparency', paradoxically each party was to provide a list of donations received to the Election Commission of India..in a sealed envelope!
Read 9 tweets
Sep 17
#Illiberals
The word 'liberal' means "accepting different opinions or kinds of behaviour; tolerant".

In this case, where 3 persons were not even ready to listen to @shaziailmi, much less accept what she had to say, THEY ARE ACTUALLY "ILLIBERALS".

opindia.com/2022/09/libera…
The idiot @AatishTaseer also doesn't know the meaning of liberal. HE SAYS

“These people who are appearing from the New York side who are liberals would never be caught dead with these [BJP] people. So it’s a really, really insidious & sly thing that the JLF leaders have done.”
@shaziailmi spelt it out “And if they are against freedom of expression, of others, or dissenting voices, a voice that is different from theirs [then] they must take a deep, hard look at themselves and examine the hatred and the bias that they have within themselves
Read 7 tweets

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