Some stuff I am reading today morning:
Rupee is not sliding, $ is stregthening (BS)
India’s first Aluminium freight rake (BW)
On Share Buybacks of top IT firms (Forbes)
Zoomcar to list on NASDAQ (Fortune)
Why packed, frozen parathas attract 18% GST (Rediff)
Interview with Russell Napier (The Market)
Rupeek & the Indian gold lending market (VEF)
Groping for a bottom (Barry Ritholtz)
Narrative Distillation (Kwok Chain)
Thread: How The Rock built a $4 Billion Tequila Biz (Brian O’Connor)
Some off beat reads for the weekend:
When the Hindu Right came for Bollywood (New Yorker)
Thread: The Propaganda of New York Times (Smita Barooh)
My bitter return to Palestine (Guardian)
Yemen’s future conflicts will be over water (Al Jazeera)
Tulsi Gabbard’s challenge to the US War Machine (RT)
Ukraine should learn the lessons of Lebanon (Arab News)
The SAS is about Britain’s Imperial Delusions (Jacobin)
When Culture becomes Propaganda (Spiked)
Why Fascism is fashionable again (Indi Samarajiva)
Fanaticism of the Apocalypse (Michael Shellenberger)
Tripura: Crossing Over (Fifty Two)
Thread: The historical lie of Maharaja Hari Singh (Kiren Rijiju)
Thread: Conversation with IAS Yuvaraj Karan & Nehru (RajeIyer)
Thread: One global piece of art every decade since 1300 (Cultural Tutor)
Obituary: Mulayam Singh Yadav (Open)
Some stuff I am reading today morning:
India to become world’s third largest economy by 2028 (BS)
IMF: There’s a lot to learn from India (Rediff)
Vistara, Air India could merge (MC)
Sudden spurt in IPO markets (Forbes)
FMCG majors cut prices (Fortune)
There is no medium risk (Permanent Equity)
Bitcoin becoming less volatile than stocks (Yahoo Finance)
Value Investing may never come back (David Einhorn)
It’s time to deploy the recession handbook (Paul Tudor Jones)
The UK Pension Fund Drama explained (Macro Compass)
Some stuff I am reading today morning:
Cabinet approves 22,000 Cr grant to OMCs (BT)
Britain still wants FTA with India by Diwali (Reuters)
Bank of England reiterates Friday deadline (CNBC)
India’s Industrial Production slips to 18 month low (Rediff)
Business Owner, not Value Investor (Anand Sridharan)
Enjoy your money (White Coat Investor)
Shein & the Tech Cold War (Ranjan Roy)
Union Square Ventures: The Thinkers (The Generalist)
Is it 2001 again? (Macro Compass)
You weren’t supposed to see that (TRB)
Some stuff I am reading today morning:
Infosys likely to go for 9,500 Cr buyback (FE)
BYD enters India’s passenger car market (BT)
IMF cuts global growth forecast for 2023 (CNBC)
New highly infectious Covid variants emerge from China (BS)
RBI’s new credit card rules (Rediff)
Suzlon is a ‘renewable loan’ company (Fortune)
Stock Talk: IDBI Bank (Forbes)
Landmark Cars on a growth drive (BI)
Making peace with your losses (Jason Zweig)
One more lesson from Charlie Munger (Mohnish Pabrai)