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Lakshmisha K S Profile picture
Lakshmisha K S
@lakshmishaks
Founder - Namo Brigade, Ex-Management Consultant, Amateur Economist, NITK-Surathkal, XLRI alumnus
Jun 27 • 19 tweets • 4 min read
A new global money laundering network has evolved that marries two powerful financial forces — the huge stockpiles of cash being accumulated by the Mexican drugs cartels from selling drugs in the US, and the rapidly growing volumes of capital seeking an escape route from China. The money laundering groups are made up of networks of Chinese nationals living in the US and Mexico as well as individuals in China.
Jan 18 • 15 tweets • 5 min read
Japan Bank for International Cooperation has released 35th survey on "Survey Report on Overseas Business Operations by Japanese Manufacturing Companies" for the year 2023.

Here are some of the interesting trends on India from the report.👇 The objective of this survey is aimed to research and analyze the current status and future prospects for overseas business development of Japanese manufacturing companies. Image
Jun 11, 2023 • 79 tweets • 16 min read
[Long Thread]

On Twitter, there is a common refrain that Modi is unable to achieve the same speed of development as China. There is a comparison between how China built its bullet train network and the current plan for the bullet train network in India. ImageImage The other comparison is with regards to how China continues to dominate manufacturing and how India still lags behind on the same.
Jun 9, 2023 • 9 tweets • 2 min read
If there’s an overarching truth in the workplace right now, it’s this: Many workers don’t want to go back to the office. Plenty of bosses say they should.

wsj.com/articles/its-n… The result is a stalemate. Office-occupancy rates have stagnated around 50%, even as more companies step up in-office work mandates.
Jun 3, 2023 • 8 tweets • 2 min read
What could Karnataka government done with ₹60,000 crores.

1. At ₹220 crores per km, Karnataka can build Bengaluru to Davangere Bullet train.

In 5 years, Karnataka can look at having 1300 kms of bullet train network. At cost of ₹600 crores for each Multi specialty hospital, Karnataka can build 100 such hospital in a year, each with a bed strength of 750.

In 5 years, that would translate to 3,75,000 new beds in 500 multi specialty hospital with each Taluk having at least one.
Jun 3, 2023 • 9 tweets • 2 min read
For much of the past decade, Western companies have sought an alternative to China to manufacture goods—a shift executives call “China plus one.” Increasingly, the strategy looks more like China plus many.

wsj.com/articles/as-ch… Apple, with a sprawling production base in China, is rapidly expanding in Vietnam and India, an emerging smartphone-making hub.
May 1, 2023 • 23 tweets • 4 min read
As a Kannadiga, I am tired of this grouping of us with Tamil exceptionalism. We don't want to anything to do with this where imagined "North Indian Dominance" is replaced by actual Tamil Dominance. Please, @manujosephsan, leave us out of this nonsense. myvoice.opindia.com/2020/09/united…
Apr 30, 2023 • 4 tweets • 1 min read
The emergence of OTT platforms has lured audiences away from theatres, leading to massive losses incurred by Malayalam films at the box office.

english.mathrubhumi.com/amp/news/keral… In the past four months, Malayalam films have suffered a loss of Rs 200 crores. Out of 75 films released in the past few months, only one movie saw a massive turnout at the box office. Due to the unprecedented crisis, theatres wind down shows or opt for other movies.
Apr 29, 2023 • 5 tweets • 1 min read
I admit that I don’t yet know what all the results of India’s rise will be. But I feel that it has to be something to celebrate —

noahpinion.blog/p/herecomesind… — not just because it means hundreds of millions of human beings released from desperate poverty, but because it means a richer world. Economically richer, yes, but also culturally richer, politically more multipolar.
Mar 25, 2023 • 8 tweets • 2 min read
Acentury of Swiss exceptionalism is ending with shocking speed. Everything is going wrong at once.

And now Credit Suisse no longer exists. Switzerland’s business model as banker for the global elites crashed and burned over four stormy days from Thursday to Sunday night The country’s banking industry – 9pc of GDP – was close to a systemic meltdown over the weekend. The debacle nearly escalated into a bank-run on Switzerland itself.
Mar 24, 2023 • 7 tweets • 2 min read
The US banking system’s market value of assets is $2tn lower than suggested by their book value of assets accounting for loan portfolios held to maturity. Marked-to-market bank assets have declined by an average of 10 per cent across all the banks, with the bottom fifth percentile experiencing a decline of 20 per cent
Mar 23, 2023 • 5 tweets • 1 min read
Tesla Inc. triggered a price war in China that’s poised to reshape the world’s biggest car market, with hefty discounts threatening to drive some automakers out of business.

livemint.com/news/world/tes… Discounts that left Tesla’s locally-made cars up to 14% cheaper than last year, and in some cases almost 50% less expensive than in the US and Europe. The moves left rivals with little option but to follow suit.
Mar 22, 2023 • 34 tweets • 10 min read
This article started an interesting train of thoughts in me. I realised that western intellectual ecosystem is struggling to visualise what a rising India would mean, especially post 2014. And I believe this is because they are unable to find the right historical frame of reference to frame what India can be or will be. Now I am not referring to just positive analysis but even in criticisms, the ecosystem fails in its visualisation of what India is and will be.
Mar 21, 2023 • 4 tweets • 1 min read
Is there a business opportunity here. Private training institutes partnering with unskilled labour for skill upgradation.

@apnahq should look into this given additional value addition here. The only challenge is the economics of it.

1. The incremental wage should be more than the course cost. If not, then the manufacturers have to question if they are paying enough. That could be the reason for dependence subsidized training.
Mar 21, 2023 • 4 tweets • 1 min read
India’s ruling Bharatiya Janata Party is, from the standpoint of American national interests, the most important foreign political party in the world. It may also be the least understood.

wsj.com/articles/india… The BJP is poorly understood because it grows out of a political and cultural history unfamiliar to most non-Indians.
Mar 20, 2023 • 6 tweets • 3 min read
It has been at peace for a thousand years. It is one of the most prosperous places in the world. And its financial system has always been famous for its stability, privacy and discretion. If any country is a safe haven, it has always surely been telegraph.co.uk/news/2023/03/1…… twitter.com/i/web/status/1… With its share price in freefall all of yesterday, the Swiss National Bank finally had no choice but to step in with a rescue for Credit Suisse. Late last night, the central bank offered it a £45 billion lifeline to help tide it through the crisis. Even by the standards of the… twitter.com/i/web/status/1…
Dec 16, 2022 • 9 tweets • 2 min read
A grammatical problem that has defeated Sanskrit scholars since the 5th century BC has finally been solved by an Indian Ph.D. student at the University of Cambridge. Rishi Rajpopat made the breakthrough by decoding a rule taught by "the father of linguistics," Pāṇini. The discovery makes it possible to "derive" any Sanskrit word—to construct millions of grammatically correct words including "mantra" and "guru"—using Pāṇini's revered "language machine," which is widely considered to be one of the great intellectual achievements in history.
Jun 28, 2022 • 6 tweets • 1 min read
The Group of Seven rich democracies ended their summit with an agreement to discuss a batch of new sanctions against Russia, but the gathering underlined the limits of using economic tools to punish Russia four months after its invasion of Ukraine.

wsj.com/articles/g-7-m… Sanctions have proven slow to take effect, some of them have backfired against the West, and new ones have so far been too complex to deploy quickly.
May 25, 2022 • 160 tweets • 71 min read
There is a break in the thread. I am replugging the breakaway chain here

#Infra
Nine construction firms have submitted bids for the new terminal building of Saharanpur Airport in UP.

Saharanpur’s 2000 sq m new terminal will be located on a 65 acre land parcel within the operational Sarsawa Air Force Station

#Infra
themetrorailguy.com/2022/05/23/9-b…
Apr 20, 2022 • 6 tweets • 1 min read
Coming Soon! An Uber For Farm Drones.

bloombergquint.com/amp/business/c… Within minutes, the machine is buzzing over Jain’s 114-acre field, showering the moong crop with a mix of yield-boosters, an insecticide and water.
Apr 20, 2022 • 5 tweets • 1 min read
German producer prices surged at their fastest pace in at least 73 years, raising concerns that the eurozone’s largest economy is at risk of a serious bout of stagflation.

ft.com/content/623187… Producer prices for industrial products were 30.9 per cent higher in March than they were the same month last year, the sharpest increase since the data series began in 1949.