Odile
1.3K posts

Odile
@OdileFlavia
@world citizen, interested and engaged in life and living, as a means not an end
Mumbai, India Katılım Mart 2018
218 Takip Edilen30 Takipçiler

@AdityaD_Shah It will take a while for hdfc to reclaim its glory. Those with patience + can hold on, for charity sake
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@ChanderBhatia01 In past 10 years, investment in a midcap fund generated xirr 15%, which net of 5%pa forex depn, is 10%, and net of 12.5% tax, is 8%. Yes it’s not short term but long term seems tricky too.
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@_KiranRajput @vir259 What is rightly stopping them is Indias failing economic growth story
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@vir259 Ministry is very much aware of it.
Not sure what stopping them reversing LTCG to 0 for fii s.
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@_KiranRajput Talk about what ? Why Indian gdp doesn’t reflect in corporate earnings or private capex ? About why despite corporate and retail incentives, consumption isn’t growing. Why is 80cr Indians
living on govt food stamps?
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@ImBreckWorsham 👏 👏 👏 true supporters of Palestinians who deserve the worlds support
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For investors in Indian markets:
Short-term capital gains tax (stocks held <1 year) went from 15% to 20% two years ago.
Long-term capital gains tax (held >1 year) went from 10% to 12.5% two years ago.
And FIIs outflow since then:
2025: Record ₹1.66 lakh crore net - the highest annual FII outflow ever recorded in Indian markets.
2026: ₹1.51 lakh crore net just year to date.
Just a 2% increase matters a lot if you are an FII investing billions. FIIs invest in India because of high growth opportunities, but a depreciating rupee and an increase in taxes means they may move out their capital.
And FIIs definitely move their capital when they sense global issues may drag India's growth. We are already seeing this. This causes more stresses to India's economy, currency, and companies.
Even if futures and options keep their increases in STT (for various reasons it can be argued to make sense), for capital gains from equities, this increase in tax definitely needs to be reconsidered by GoI.
An idea I propose is the increases in taxes can be applied (some other way) only for FIIs, and only when they are taking out the capital from the country. Not sure how it can be implemented, or if it is even practical.
If not, the increases in CGT must be reconsidered, and reverted for at least the time being, to incentivize FIIs and DIs in investing in India's growth story.
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Odile retweetledi

"Iran literally screams Death to America!"
If they did even a fraction of what we've done to them in the 20th century we would also be saying "Death to Iran"
A history lesson:
1951: Iran democratically elects Mohammad Mosaddegh, who wins overwhelmingly on his promise to nationalize Iranian oil that had been given away to the British before Iran formed as a modern country
1953: CIA and MI6 develop a plan to overthrow Mosaddegh and install a Western friendly puppet. The operation, dubbed Operation Ajax, was the first successful Color Revolution in intelligence history. They installed the Western-friendly Mohammad Reza Pahlavi as Shah (dictator) of Iran
1954: The US drafts a Consortium Agreement guaranteeing 50% of Iran's oil profits to American-friendly corporations, for 25 years
1957: The CIA and Mossad train up a secret police in Iran called the SAVAK, who operated like a KGB who would round up dissidents and torture and kill them. Eventually thousands of Iranians would be killed this way
1960-1978: The Shah, at the US's request, would purchase as many arms as possible from American defense contractors - this is why they even have F-14's today. In the 70's alone they spent $120 billion in today's dollars. Their annual revenues were around $17-25 billion, this represented almost all of their spending causing massive shortages for social services
1979: On the tail of the Shah trying to liberalize Iran socially like what's happened to America, along with 25% inflation the Iranians rise up and overthrow the Shah and install hardliner religious fanatics who oppose America. America immediately placed sanctions on Iran, who was already struggling financially. These sanctions still exist today, nearly all of their revenue is black market oil sales
1980: Sensing weakness in their neighbor, Iraq invades Iran hoping to take them over. This war would last 8 years and would end in a stalemate, despite Iraq committing 1 million soldiers. The US armed Iraq with arms, funding and illegal chemical weapons
1988: The USS Vincennes, operating in Iran territorial waters on behalf of Iraq, shoots down Iran Air Flight 655, a passenger plane with 290 civilians, all killed. The US would later go on to hand out medals to the crew of the Vincennes. This would be one of the major reasons for a UN resolution finally ending the war
1988-present: The CIA and Mossad have attempted many Color Revolutions, at least 4 documented, the most recent being just before the current conflict. Iran quickly crushes these attempts, often leading to the deaths of civilians caught up in them
Yes, they hate us. Yes they kill our troops in the region. Yes they fund proxies that attack Israel
They have good cause to do so

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There is this recent obsession with "diversifying" across the world--partially for better returns and partially for reduced volatility/drawdowns. If an investor is so worried about drawdowns, just invest in a multi-asset fund that has exposure to equities, fixed income and gold. That solves most of the problems. One can always find more reasons to diversify but studies show that overdiversification doesn't lead to better risk/reward. Also, if an investor can't stomach 20% drawdowns that occur regularly in equity space, he has no business investing in equities. When shit really hits the fan, equities all across the world converge to correlation of 1. Covid and GFC are great examples of that.
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Nvidia alone is up from 25% of India's mcap to almost 100% since 2021.
Yet, we were told:
1) India = best place to invest.
2) Dollar will collapse.
3) Investing outside is too hard.
Take the red pill. Join us on 12th April. Learn global investing. share.google/m7nsCMnqLDjUZR…
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BJP celebrated when Indian ships passed through Hormuz last month.
“Modi’s silent diplomacy,” they said.
One month later; a tanker with 6 lakh barrels of Iranian crude, destination Gujarat, quietly turned around mid-sea.
Where is it going? China.
The tanker didn’t turn back because of war or blockade.
It turned back because Indian refiners CANNOT pay for US-sanctioned ships.
Meanwhile China has zero such problem. China took the oil India needed.
This is what 7 years of surrendering your foreign policy to Washington looks like.
Hormuz was never the problem. Modi’s compromises are.

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I no longer believe in the 2-state solution. Once this #IranWar is over all the land now comprising Israel, West Bank, Gaza should be one state called Palestine where Arab Christians, Muslims & Jews can live alongside each other. Just as they did before terrorists created Israel
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The Iranians have to be governed by the nerdiest regime of all time. You can't swing a dead cat without hitting an Iranian leader who has written a book on Aristotle, Kant, Farabi, etc.
Therefore, in order to foster constructive diplomatic relations with the Islamic Republic, the State Department should consider deploying the United States' own emergency Strategic Straussian Reserve of political philosophers.
Before engaging Iran on ending the war, re-opening the Strait of Hormuz, signing mutual nonaggression pacts, and examining the future of sanctions, American political philosophers should engage the Iranians on the real issues at stake such as:
-Resolving the theological-political question in both Western and Islamic contexts.
-Developing a shared textual hermeneutic.
-Addressing the connection between instrumental reason, technology, and modernity.
We need to speak a language the Iranians understand.
We need to transform these negotiations into a graduate seminar.
@StateDept @SecRubio
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@Macro_Maniac_ @FinMinIndia The Extraordinary Intervention is not due to RBI failure but to save the Supreme Party and its Supreme Rulers face in upcoming Elections
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@Malcolm_Pal9 Iran is putting India the democracy to shame where in North India women’s education, independence is far far far away, compared to Iran.
Made me see how the way to look at this is how educated, independent and socially participating in the economy, women are. Iran wins
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@libriscent we are ultimately alone in joy and sorrow, it’s so important to walk this path alone for our own education growth and peace ♥️
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