vpfa retweetet
vpfa
1.6K posts
vpfa
@vpfa_25
Finance | Sports | Political Economy |
Mumbai Beigetreten Ağustos 2013
3.9K Folgt144 Follower
@marinebharat It’s governed by the Personal laws as Applicable under law made by Parliament. Nothing much the RBI can do, at max the Nominee is merely a trustee for the legal heirs. Because there is so much fraud that happens, Banks get cautious to avoid legal troubles latter.
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RBI must change Legal Heir & Succession Certificate rules. Stupid process and rules.
Banks say: Court mein jao, Succession Certificate lao. Doing this process for amount less than ₹5 lakh does not make any sense.
In fact, all Bank Accounts must mandatory have a Nominee.
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Aaron Swartz invented Markdown and was pursued by the US Attorney to the point of killing himself for scraping stuff he didn’t own the rights to.
Today Markdown files and scraping stuff that they don’t own the rights to os the bread-and-butter of $100 billion AI companies.
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vpfa retweetet
BREAKING: A Syrian billionaire needed U.S. sanctions lifted so he could cash in on $12 billion in reconstruction contracts, per NYT.
In an attempt to influence American foreign policy, he proposed a Trump-branded golf course, cut Jared Kushner & Ivanka Trump into a multibillion-dollar real estate deal for a resort in Albania, and had someone physically deliver a stone engraved with the Trump family crest to a Republican Member of Congress with instructions to take it to the White House to get the President's attention.
Trump threw his weight behind repealing the sanctions. They were lifted. The contracts are moving, and the Trump family’s deals are expanding.
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@deepakshenoy Just give it some time, for the city to reconfigure itself along the metro. It will be similar to Delhi.
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On the aqua line in mumbai. It's so comfortable! Of course for someone used to the insanely crowded locals I can see why some of them think that oh people are only sitting on the seats, not many standing? The train is empty. But this is how metros should be :)
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There is nothing about this that is amazing. It was predicted endlessly, and those predictions were dismissed by people citing the fact that big companies opposed these measures. They opposed them because while their relative position is stronger, the pie is now smaller.
Adam Thierer@AdamThierer
truly one of the most amazing developments in trans-Atlantic tech policy over the past 20 years is the way that Europe set out to regulate US tech giants into the ground, but only made them more dominant as a result. This Economist headline really says it.
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vpfa retweetet
Super Interesting -
China runs one of the most generous R&D tax incentive regimes in the world. As of 2026, nearly 85% of government support for business R&D flows through tax incentives.
Companies can claim a 200% pre-tax deduction on eligible R&D expenses.
Machine tool and semiconductor manufacturers receive an even higher 220% deduction until 2027.
Eligible costs include researcher salaries, materials, prototype design, testing, depreciation & maintenance. Businesses are, indeed, leveraging and benefiting from state-sponsored support
Every dollar a Chinese firm spends on innovation costs them less than fifty cents.
Innovation isn't an option anymore, it's a necessity!
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Zerodha batting furiously for F&O traders, seems like their growth trajectory has been seriously punctured by SEBI’s strict regulations over the past two years.
But I do agree with their analysis, and I’d be the happiest if they bring back daily expiries.
Nithin Kamath@Nithin0dha
Despite what people think about F&O trading in India and all its problems, it is still a very, very small market compared to almost anything else. In fact, in the month of March, only about 30 lakh people traded an F&O contract. Across FY26 as a whole, only about 20 lakh people traded only in F&O. If you combine people who traded in equities and F&O, that number goes up to roughly 64 lakh. So this is still a very small market. Altogether, out of nearly 13 crore unique investors, only around 3.8 crore investors were active across cash and F&O. That means only about 30% of investors traded anything at all. And yet, the only reason broker revenues have held up is that a small number of people are trading more. Pretty much the entire revenue pool of the broking industry comes from this relatively small pool of traders. If you look at F&O turnover, around 60–70% of trading volumes come from a tiny set of investors, roughly just 1–2%. That is the lopsided structure of the Indian markets.
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vpfa retweetet
holy fuck, a hair dryer at a Paris airport broke Polymarket weather markets & made someone $34,000 richer
- polymarket was settling Paris temperature bets on a single Météo France sensor sitting near the Charles de Gaulle runway perimeter - basically unguarded
- the guy bought the long-shot outcome (like "22°C" when everyone expected 18°C) for pennies, since nobody thought it'd hit
- then he walked up to the probe and briefly heated the air around it with a portable heat source, spiking the reading just long enough to register as the daily max
- temperature snapped back to normal in minutes, the market resolved in his favor, and he cashed out - twice, on April 6 and April 15, before Météo France caught on and filed charges
hyperstitions.
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vpfa retweetet
The headline misses a very important point about infrastructure:
You must build it ahead of demand!
The problem in India is the opposite of what the headline suggests: when we build, we build late and quickly run out of capacity.
BBC News (World)@BBCWorld
India has splurged billions on metro trains. But where are the commuters? bbc.in/4mIaUcL
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Did you know the TV show “To Catch a Predator” was cancelled because they kept catching law enforcement, teachers, preachers, local officials, and other people meant to protect Children?
The final straw? An Assistant District Attorney in TEXAS was courting who he thought was a 13yo boy. He didn’t show for the sting, so they sent law enforcement and camera crew to his home. The police entered, and Louis Conradt shot himself, taking his own life.
Can’t make this shit up..
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@Gautam__Baid Not a deficit per se, but a willingness to adjust global imbalances on its own balance sheet(depending on circumstances). This is through free capital account, but that will have implications on ability to manage current account.
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Transact in CNY. Settle in gold.
Note: In order for a currency to be a global reserve currency, the hegemon needs to run a current account deficit with the rest of the world. Something which China will never do.
Gold can serve as the neutral reserve asset for bilateral trade.
Luke Gromen@LukeGromen
UAE to Trump Administration: "You started this war; if we run short of USDs as a result of it, either you will give us USD swap lines, or we will be forced to start transacting oil and gas in CNY and other currencies." -WSJ, just now Via @ces921
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Old enough to recall the days of 10+ operators and rock-bottom data prices in India. Telco economics is harsh. Lack of a competitive market is brutal.
Abhishek Yadav@yabhishekhd
Bharti Airtel has increased the ₹799 (1.5GB/day) plan to ₹899 and removed the ₹859 plan.
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@DivaJain2 Learning my Doing. Manufacturing is also a Knowledge Industry.
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“The top 1% of earners take in 22% of total income & pay 40% of all federal income taxes. The top 10% earn about half the nation’s income & pay 72% of its taxes. The bottom half of earners, collectively, pay roughly 3% of the tax revenue. The United States, in fact, has the most progressive income-tax system in the developed world.”
latimes.com/opinion/story/…
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@DealsDhamaka Choose one that lets you to do your best to avoid the FOMO or FEAR in the markets.
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One free piece of advice:
Choose your investment broker carefully in the early days. Once your portfolio grows into lakhs and crores, switching becomes very hard.
Then instead of free brokerage and fancy UI, the security actually matters
#Investing
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@InvestRepeat @kendheswapnil Some convex combination of VT, VTI and VXUS.
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GIFT City needs a World Index Fund of Fund.
Not just developed markets, but a true world index that covers developing markets too. Something like $VT or even UCITS ETFs like $VWCE.
🇮🇳 Basically Indians can invest in 1 fund & get global exposure (not just US)
And its totally fine that US will have higher allocation in that index. Allocation can change if market caps changes. But investing only in S&P 500 dosen’t give that flexibility.
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@Normal_2610 Nothing better than the pricing signals to induce investments into Battery storage.
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After sunset, thermal plants scramble to ramp up and the same exchange charges ₹5.3 per unit.
The spread between solar hours and non-solar hours is now 1500x. Storage is the only fix and India needs 74 GW of it by 2032. Right now it has almost nothing.
peak demand grew 0.8% all of FY26. slowest in six years. everyone thought cooling demand had hit a ceiling. then march 10 came and the grid touched 238 GW in one afternoon.
one freak heatwave after a cold spell and the whole muted growth story fell apart.
now summer forecast says 270 GW. el niño probability is rising.
India's power problem is not generation. It is timing. Solar floods the grid at noon and crashes prices to zero.
By 6 pm it vanishes and thermal has to cover a 40 GW ramp in two hours.
Now demand peaks twice, once under the sun and once after dark, and neither peak matches the other.
Battery storage would fix this but India has under 1 GW deployed against a target of 74 GW. Every summer from here gets harder until that gap closes.
Rajesh Singla@VTGCapital
Power demand set to surge from mid-May
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@rishabhm Call out @SEBI_India and @RBI. There is nothing much the fund can do when it is restricted by regulation.
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An Nasdaq ETF should not trade at a premium. Only explanation is that fund house has made creations difficult. It's on them to sort this retarded situation out.
Neil Borate@ActusDei
Motilal Nasdaq ETF trades at ₹286. Its NAV is ₹238. That's a 20% premium — just to buy Nasdaq exposure. Absurd! Open a US brokerage account. Buy QQQ & other ETFs directly. No premium, no nonsense. We'll show you how at thefynprint Comment, global & get started!
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@sone_do_mujhe It’s a travesty that Matrimonial disputes have to be adjudicated in the SC.
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Saw a moving case in SC just now.
Family case:
Matrimonial dispute bw parties. They have 2 children - 17 & 13 yrs old. Children r with father.
Judge asks y children dnt have access to their mother. Husb informs that - kyunki wo ek minor ladke ke sath bhag gayi thi
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