Abhishek Profile picture
Feb 5 8 tweets 2 min read
"Pakistan in Crisis: A Look at the Challenges Facing the Nation"

[THREAD🧵]

1) Depleting Foreign Reserves

Foreign reserves are necessary to cover the cost of imports, including nearly all of Pakistan's oil needs.

#PakistanBankrupt #PakistanEconomicCrisis
The nation currently has a remaining reserve that will last for only one month.

2) Pakistani Rupee Depreciation

The Pakistani rupee has been steadily losing value compared to the dollar, making imports more expensive.
This results in increased costs for the same goods, which further diminishes the country's foreign reserves."

3) Flood

The floods that occurred in Pakistan in 2022 resulted in an estimated $30 billion in economic damages.
4) Increasing Inflation

As of December 2022, Pakistan's inflation rate is at 24.5%, the highest it has been since December 2008, when it reached 23.3%.

Videos of Pakistanis fighting over food and essentials, like wheat, as prices soar have gone viral.
5) IMF Pressure

The IMF is pressuring Pakistan to take measures such as raising electricity prices, increasing tax collection, and making significant budget cuts before the next release of funds, in order for Pakistan to be in a position to repay the IMF in the future.
6) Rising External Debt

Pakistan must pay off $33 billion in debts by the end of the fiscal year 2023. While $20 billion has been accounted for, the nation still needs to come up with $13 billion in the remaining fiscal year.
7) Political Turmoil & Unstable Leadership

Due to the ongoing feud between the current and previous prime minister, the government is unable to fully address the economic situation.

This is the 6th time the country has had a change in Prime Minister in the last decade.
8) Lower Economic Growth

Pakistan's economic growth for the fiscal year 2023 is forecasted to be 2%, which means fewer funds will be available to pay off debts.

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More from @Abhishe27960014

Feb 8
🤷"Get to Know Microsoft's AI-Powered Search Engine: New Version of Bing"

🧵👇

1) What is new version of Bing?

Bing has been upgraded to provide more in-depth answers to search queries, rather than just directing users to websites.

#Bing #Microsoft #ArtificialIntelligence Example of new Bing
The new version of Bing will be enhanced by artificial intelligence capabilities.

The search engine also enables users to converse with a bot to refine their searches, and the right side of the search page will now display more relevant information.
2) Can we use new version of Bing now?

The availability is restricted and it's not guaranteed that users will be able to access it immediately.

Users will be placed on a waiting list.

Users who are granted access will have a limited number of searches allotted per person.
Read 6 tweets
Feb 8
🟢"Adani Green Energy: A Beacon of Hope in Challenging Times with 110% Q3 Profit Growth"

[THREAD🧵] on Q3 Result and Business Model

1) Adani Green Energy is a company that generates power from renewable sources such as Solar and Wind.

#adanigreen #Adani #AdaniGroups Image
2) The impressive growth in the 3rd quarter saw a 53% increase in revenue, going from 1471 Cr to 2258 Cr.

3) Profit after tax in the same quarter saw an approximate 110% increase, rising from 49 Cr to 103 Cr.
4) The total operational capacity increased by 35% year-over-year to 7,324 MW. Image
Read 4 tweets
Feb 7
🚨Understand about Google's Bard- Chat GPT's Rival in this [THREAD🧵]

1) What is Bard?

Bard is a conversational AI platform(like Chat GPT) that offers human-like responses to questions, both simple and complex.

#Bard #Google #ChatGPT Example of Google search wi...
2) Can you give an example of a scenario in which Bard would be utilized?

Bard has the capability to make complex concepts easier to understand.

For instance, it can break down recent discoveries from NASA's James Webb Space Telescope for a 9-year-old child.
3) How does Bard operate?

Bard is powered by Google's Language Model for Dialogue Applications (LaMDA). Think of it as the "brain" behind Google's chatbot.

Bard uses information from the internet to provide up-to-date and accurate answers.
Read 7 tweets
Feb 7
📢Adani Transmission with a PE over 100 posted Revenue Growth of 16%

Q3 Result [THREAD🧵]

1) ATL operates in 2 segments:

a) Transmission: Power transfer from generating station to substation

b) Distribution: Power distribution from substation to consumers

#AdaniGroup #Adani Image
2) The company's profits, not including a one-time gain of 240 Crores, fell 14% compared to last year, making it 238 Crores.

However, if we include the one-time gain, the profit becomes 478 Crores." Image
3) The company's revenue increased by 16% to reach 3,037 Crores Rupees, with distribution business contributing 69% and transmission business contributing 31% Image
Read 5 tweets
Feb 6
🚨 2 Benefits of Paying Back 9,100+ Cr Worth Loan by Adani group

[THREAD🧵]

1) This loan is taken against pledged shares that can trigger margin calls if the share price goes down beyond a point.

#Adani #AdaniGroup #AdaniEnterprises
In case of a margin call, Banks can sell those pledged stocks to recover their money.

This can further intensify selling pressure on Adani stocks in the market.

Hence, releasing those pledged stocks will reduce the risk of margin calls and further selling.
2) Paying back the loan amount will also give a message in the market that Adani group has the cash to pay back its dues so they are not at default risk.

This can create a positive sentiment among investors toward Adani group stocks.
Read 5 tweets
Feb 6
🚨4 Indian Banks loaned an approximate of 48,000 Cr to Adani Group Companies

LIC discloses holdings of ₹36,474 Cr in Adani Group

Following the RBI's directive, these 4 banks have disclosed their exposure to the Adani group

#Adani #AdaniGroups #HindenburgReport Image
Read 5 tweets

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