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Seshan Ranganathan Profile picture
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Dec 5 • 4 tweets • 2 min read
#HowAmazon
Does @livemint agree with @WSJ?

livemint.com/industry/retai…
outlookindia.com/website/story/…
"However, India is not the only geography where Amazon is facing regulatory flak.

The US House Committee had recently asked the Department of Justice to launch a criminal probe against Amazon over its

business-standard.com/article/compan…
alleged refusal to hand over data about 3rd-party sellers. US Federal Trade Commission chairperson Lina Khan has red-flagged “anti-competitive” aspects of Amazon, too. The EU also began an antitrust investigation on Amazon’s use of “sensitive” data from independent retailers."

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More from @seshanm

Seshan Ranganathan Profile picture
Dec 7
"the Central African Republic is seeking Indian investors to mine its abundant natural resources...Minister for Economy Lea Doumta... said her country is "mighty impressed" with India's growth & development model is keen to emulate it."

ndtv.com/india-news/thi…
"According to the World Bank, the former French colony has 470 minerals, with oil, gold and diamonds having the greatest potential. Diamonds account for nearly half of the country's total export earnings."
"The country also has uranium, iron ore, copper and manganese deposits.

"We want the Indian government and its companies to help us build infrastructure like roads as well as in sustainable exploitation of our mineral wealth,"
Read 6 tweets
Seshan Ranganathan Profile picture
Dec 7
#AttackOnPowerGrids
A Department of Homeland Security bulletin reported by CNN just days before a weekend attack on a North Carolina substation indicated there was a heightened threat posed by domestic violent extremists in the US..

cnn.com/2022/12/05/us/…
"a 14-page document released in a Telegram channel favored by accelerationists groups seeking to speed the overthrow of the US government featured a white supremacist instruction guide to low-tech attacks meant to bring chaos, including how to attack a power grid with guns"
"The FBI has been called in after 2 power stations in N. Carolina were shot at, leaving tens of thousands of people without electricity."
"businesses,shops & restaurants have been forced to close,traffic lights were out & emergency shelters were set up"

news.sky.com/story/a-new-le…
Read 4 tweets
Seshan Ranganathan Profile picture
Dec 6
#ABumblingWest
* The idea was to use the Western stranglehold on tankers and Insurance, to compel them to ensure that Russian Oil is exported only at the capped price of $60.

* This cap which has just come into force was in discussion from May.
indianexpress.com/article/explai…
* But over this period Russia's Urals Crude price is hovering around $68, close to the cap. Result there will be little impact.

*Russia’s cost of production of its main crude variants such as the Urals is $20-$44 a barrel. So, a $60 cap is no real hardship.
*  “it is also possible for the shipping industry to misrepresent or obscure the origin of its cargo” and there are historical precedents to that, to get around the cap.

* Also exemptions for Sakhalin 2 [Japan funded] & blends, could lead to leakage in the cap.
Read 6 tweets
Seshan Ranganathan Profile picture
Dec 6
#LookWhosTalking
"Ukraine was one of the countries that had opposed India’s nuclear tests in 1998, and had condemned India’s actions at the UN Security Council following the 1998 nuclear tests."
thehindu.com/news/internati…
"It is no secret that Kyiv has been a key supplier of arms to Pakistan."

"Pakistan also has more than 320 Ukrainian T-80UD tanks in service with a fully formed ecosystem for their upkeep, use, ammunition and spare parts."
""Ukrainian specialists travelled to Pakistan and received a delegation from Pakistan to discuss technologies for creating nuclear weapons," Igor Morozov, a member of the defence committee of the Federation Council or senate of Russia. Morozov said."

@the_hindu
@ndtv
Read 4 tweets
Seshan Ranganathan Profile picture
Dec 6
#JNVStudentsInIIT
"Students from Jawahar Navodaya Vidyalayas (JNVs) have a solid track record of making it to IITs, but fitting in can be tough. JNV support groups offer solace, and a sense of pride."

theprint.in/india/educatio…
"Students of the JNVs —  a system of central schools for gifted students from rural areas — have an impressive record when it comes to cracking the grueling entrance exams to the elite IITs,
but fitting into cosmopolitan university settings can be daunting for many. It is on this front that JNV alumni networks across IITs help newcomers overcome the culture shock."

"Established in 1986 and run by an autonomous body under the Ministry of Education, JNV so far has
Read 5 tweets
Seshan Ranganathan Profile picture
Sep 23
#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."
Read 6 tweets

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