Ashish Doshi

@connectgurmeet Don't know about other states but Industrial Power in Maharashtra is priced at an average of ₹15.08/kWh.

*DBT for Power Reforms* In India Agriculture power is free. Commercial power is ~Rs 10 per unit to cross subsidise it. China is Rs5-6 per unit Instead of making power free, we can transfer cash to genuine farmers plugging leakage n theft Or we can reduce commercial power by Rs 2 per unit. Will make our manufacturers more competitive and increase production n exports. This will more than make up for cost of reduction.

India's future in EVs, batteries, solar energy, green hydrogen and energy storage will not be decided only by demand, capital or policy. It will also be decided by who controls the underlying supply chains. Today, a significant part of the global ecosystem for critical minerals, battery materials, refining, manufacturing equipment and process know how is concentrated in China. This is not a criticism. It is a recognition of decades of planning, investment and execution that have made China the dominant player in several strategic industries. For India, the lesson is clear. Strategic industries cannot depend indefinitely on external supply chains. We must accelerate domestic capabilities in mining, refining, advanced materials, manufacturing equipment, technology and R&D with urgency and consistency. In the 21st century, strategic influence is exercised not only at borders but also through technology, supply chains, critical minerals and manufacturing ecosystems. Excessive dependence in any of these areas can become a strategic vulnerability. Energy security, economic security and national security are increasingly becoming one and the same. The goal is not isolation. The goal is resilience. India does not need to replace the world. But India must build sufficient domestic capability so that its growth story is never hostage to external dependencies. The sooner we do it, the stronger India will be. 🇮🇳

The inaction on addressing FII outflows and slowing FDIs has costed us big .. rupee at almost 97… This is poor policy response !!! It’s not just the crude .

@ActusDei Multiple actions needed in my view. Rate hike (it wouldn't really hurt as Capex by private sector is anyway limited) but will reduce import cost which is need of the hour, tax rationalisation - will give impetus to growth and inward investment.

Gap between Indian and US yields is at a historic low. Why would foreign debt investors invest in India for a mere 2.5%? INR on avg depreciates 4-5% a yr. It is a losing trade. This in turn strengthens the argument for rate hikes in India - to make the rupee attractive. Agree?

@Iamsamirarora I have seldom noticed this. The content team in TOI group has really taken a beating. Misleading headlines, grammatical errors, spelling errors. Sad but true!

Today's ET interview with Dara Khosrowshahi of UBER: Headlines: Uber eyes Food delivery return... Inside: At this point we don't see us getting into food delivery.. No connection between headline and interview

@ashumadan4 From tourism perspective india is very expensive compared to the far East competition countries like Thailand, Indonesia, Bali and Sri Lanka in terms of like to like hotels and logistics (visa, transport both local and intercity) - even with the depreciating INR.

How do we get super excited on tourism sector in India when a simple taxi mafia can’t be managed in GOA. Why Ola uber are not allowed in Goa ????? Why paid VIP Darshan concept exists at places of worship ?????

@ActusDei I find gift city too limiting. There are very few products being offered. I have signed up for your webinar and am sure will get required insights

Yes unfortunately. It breaks my heart. I rooted for GIFT city. But 42% & 14.95% STCG and LTCG vs slab & 13% for direct. Plus no set off or carry forward.

@ActusDei Global

🇮🇳 Indians are so desperate to buy US tech that there are ZERO sellers on MON100 today. ETF is trading at 20% premium People are paying ₹316 for something worth 264. That's desperation tax. 💸 Go direct. Buy the actual US ETF. Join our webinar to learn how. Comment global.

@BJ3105 @TVMohandasPai @Dev_Fadnavis @AshwiniBhide @mybmc Most politicians and bureaucrats travel on same roads full of potholes, dirt, encroachments and turn a blind eye. People are eqaully to blame who keep praising Mumbai's spirit and except this. It's not that change is not achieved. Collective effort needed Govt+people.

@TVMohandasPai @Dev_Fadnavis Thank you for speaking for all Mumbaikars. It’s disappointing that most industrialists and high-profile voices stay silent on such issues. @AshwiniBhide @mybmc

Request CM ⁦@Dev_Fadnavis⁩ to have Mumbai cleaned up- debris all over in suburb, roads with bad surfaces. Needs a massive one time cleanup. Mumbai is India’s biggest city- needs more care! (Photo from airport road) very sad to see this in a great city!

@connectgurmeet Both HDFC and ICICI have lost the customer first approach. Their employees are only pushing and perusing sales targets on 3rd party or own products. Customer service has gone to down significantly. Even serious escalations to senior management is ignored. This was never the case

There was a time when private banks- HDFC ,Kotak and others were market favourites and used to run up at good earnings & at much higher earnings & price to book Multiples Today they r flat despite good earnings n much lower valuations Markets can humble d very best.. Keep learning n keep investing in tech n people. Most imp- treat customers and employees well. Sales targets on 3rd party products specially insurance is taking a toll..

Many Emerging Markets are up 4-6% over yesterday and today #GiftNifty is up just 1.5% despite a substantial fall in Crude Oil since Monday @FinMinIndia @nsitharaman needs to let go of retrograde policies that are taking Foreign Investors away. Like I have said many times it's not about the Stock Markets it's about getting Foreign Capital to accelerate Economic Growth @PMOIndia

Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR: Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help. On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead. He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows. If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.

The Middle East situation is now in uncharted territory. That leads to unconventional policy actions. A move on sharp reduction of Indian bank’s open fx positions in a short period seems to be in that category. Reminds me of Bimal Jalan play book as RBI Governor in 1998 when the ₹ was depreciating sharply post Asian crisis. If things get worse geo politically, is there an opportunity for a new version of FCNR( B) scheme?

@Ajay_Bagga Iranian media has denied Trumps claim.

US President Donald Trump said strikes against Iranian energy infrastructure and power plants would be postponed for five days following the start of talks with Iran to end the war

The government mandarins should not blame the buyers, they must call in Indian market wizards and understand what went wrong. Get Uday Kotak to head the divestment process , see what magic he will unleash given time and a free hand. As a country we are oppressed with badly thought out taxes, taxes driving away foreign investors and then poor execution with tax payers treated with disdain. Decades back Gunit Chadha came from Citibank US and set IDBI Bank on the path to recovery. Then he was pushed out and a very highly incompetent and corrupt set ran the bank into the ground in collusion with predatory promoters. The bank has been nursed back to financial health. But any investor will want valuations that leave some returns on the table. The government should either do a Margaret Thatcher like sale to the Indian public and keep appointing top talent from PSU banks to run this or should hold on for better valuations. There is no need for a fire sale.

Dahisar Check Naka is Mumbai’s Strait of Hormuz.

@atulkasbekar @ashwinrsaboo @Loquacious_Lion @CSMIA_Official @DXB @AUH T1 of CSMIA allows free 5 min pick up. Eqaully it is a mess there as people stop their cars randomly in middle of the road within the pickup zone causing blockages but it does allow free pick up. And this is at an airport which was planned 50 years ago.

@ashwinrsaboo @Loquacious_Lion @CSMIA_Official @DXB @AUH Can I list a bunch of airports that allow it instead? And it seems if you can exit CSMIA in 8’ there’s no fee I want to see the GM of the airport attempt that and succeed in making it out in 8’ after navigating lot traffic, passenger pick up and exit gate How about it’s say 20’?

At any airport round the world, u can come out to the kerb at arrivals and can be picked up by your car It is of course a quick 5’, ‘load bags n jump in’ pit stop At @CSMIA_Official (Mumbai Airport) you have no such choice. You HAVE to go into the parking to collect the passengers. Then wait in line to exit and get slammed for some ₹300 (P6 rates). A 3-4’ pick up results in a 20-25’ headache This is such a waste of time and a rip off. The math of this extortion fleecing patrons runs into a massive number for the airport Should be illegal or poorly planned intentionally

@Ajay_Bagga x.com/i/status/20302…

Flights seem to be bunched up, heading into Saudi, UAE and Oman. Emirates has said it “will resume operations” at Dubai airport, after suspending its flights for about 30 minutes. “Please do not go to the airport,” said an earlier statement on X by the airline, which has its home base in the city. It did not specify the reason. But about 30 minutes later, it posted: “Emirates will resume operations. Passengers who have confirmed bookings for this afternoon’s flights may proceed to the airport.” Dubai’s Media Office said operations at the airport had been temporarily suspended “for the safety of passengers, airport staff, and airline crew.” It did not elaborate on the reason for the suspension.

@Ajay_Bagga x.com/i/status/20301…

@AshwiniVaishnaw @RailMinIndia @RailwaySeva status of Mumbai Central Station on docking of Vande Bharat train to start for Ahmedabad. Attendants throwing filth on the platform. Passengers need to walk through it to get into the coaches. Absolutely shameful and callous behaviour.