Ritwik Rai

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Ritwik Rai

Ritwik Rai

@Ritwik_Rai

SEBI Registered Investment Advisor. Objective: To be a temporary abode of value. Assume vested interest. E-Mail: [email protected]

Mumbai, India Katılım Mart 2010
645 Takip Edilen593 Takipçiler
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The Jaipur Dialogues
The Jaipur Dialogues@JaipurDialogues·
Quote of the day "Gen Z is paying taxes; they don’t have jobs.”
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David Sacks
David Sacks@DavidSacks·
Yes
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Aravind
Aravind@aravind·
We must get this culture of appreciating fellow Indians on our side for good work, ignoring when they miss the mark or say stuff we don't agree with, and criticize less. This is what Americans, the left, Islamists, Chinese do and that helps them team up and do great things together. They praise in public and give feedback in private. We Hindus on the other hand are quick to criticize our own side people, if they even slightly differ in views, yet very stingy when it comes to appreciation. We seldom encourage others or team up to work together against the common enemy. On X itself, I see, many handles which are on the same side as me and speaking in national interests will be very quick to catch me if I get something wrong, criticize immediately if what I say isn't agreeable, and try to create arguments just for the sake of it. Very rare to find them sharing my post appreciating. It discourages the other and kills any prospect of team work to fight the common adversaries. This culture needs improvement.
भारतीय 🇮🇳@VS1483

@aravind He always done great job , but salute just for asking a normal question 🙄why r we so obsessed with such silly things

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Sandeep Parekh
Sandeep Parekh@SandeepParekh·
The post combines one valid intuition with several economic fallacies. Here is what is wrong with it. 🧵
Ashu Madan@ashumadan4

How true is this ???👇👇👇 🚨INDIA IS NOT A MAJOR FASTEST GROWING ECONOMY, IT IS A MAJOR NEGATIVELY GROWING ECONOMY IN THE WORLD🚨 NO ONE WILL TELL YOU THIS👇 “India is the fastest growing economy.” Biggest statistical illusion of this decade. Because GDP is shown in RUPEES… while the world measures wealth in DOLLARS. India says GDP is growing ~7%. But nobody asks: What happens if the rupee itself falls 10-12%? Simple math: 2025: ₹100 lakh crore GDP ÷ ₹84/$ = $1.19 lakh crore 2026 after 7% “growth”: ₹107 lakh crore GDP ÷ ₹96/$ = $1.11 lakh crore Result: • Rupee GDP growth = +7% • Dollar GDP growth = -6.7% That means India actually became SMALLER globally despite “high growth” headlines. And this is exactly what’s happening: • Rupee went from ~₹74/$ in 2021 to ~₹96/$ now • Inflation inflated nominal GDP • Currency depreciation destroyed global purchasing power • Imports became costlier • Citizens became poorer in dollar terms This is why India slipped in global GDP rankings despite being called the “fastest growing major economy.” Reality: If your currency falls faster than your GDP rises… you are not creating real wealth. You are just printing larger numbers in a weaker currency. The real formula is: Real Dollar Growth = GDP Growth – Currency Depreciation And if depreciation is bigger than growth… the economy is effectively shrinking.

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Himanta Biswa Sarma
Himanta Biswa Sarma@himantabiswa·
Assam's GI tagged Tezpur Litchis are a 10/10. Highly recommend it to beat the heat.
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Nupur J Sharma
Nupur J Sharma@UnSubtleDesi·
It’s better to have a divorced daughter than to have a dead one
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Vivek Pandey
Vivek Pandey@IVivekPandey·
@Iamsamirarora Nobody is saying to stop SIPs..but everybody knows 26k was peak and FIIs are keeping index near peaks in 2 yrs so that they can sell largecaps near ATHs and exit at lifetime peak mcap..Which lPO cos have grown after listing ? Good cos don't need capital to grow.
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Samir Arora
Samir Arora@Iamsamirarora·
We should complete this line of reasoning. So if Indian investors did not do SIP they could have done the following: a) Invest outside India which everyone seems to favor this month. Could not have helped the Indian Rupee though b) Bought gold which everyone seemed to favor at the beginning of the year- same issue c) Wasted the money in dinners/electronics/phones etc- no one can say that wasting money or excessive consumption is better than saving d) Kept money in the bank and earned 4-5% type net of tax returns- most SIPs would still be giving that kind of returns in the past 1-2 years. We could have kept the FIIs and PE funds from selling but that would have also meant even poorer performance of the existing stock of equity that these same retailers own plus less reason for PE or other investors to come back when things are good. Plus if these new businesses (that have gone public recently due to PE selling etc.) would not have grown the way they have, you would not have been able to get a temp maid to clean your bathroom and (God forbid) you would have had to go out yourself in this 40 degree heat to get your groceries.
Anurag Singh@anuragsingh_as

Yes. Hell yes. If the markets correct 30%, #FII selling will nearly stop. Thats the extent of overvaluation in markets. Be careful at what price you buy. Sellers always exist. Generations to come will scarcely believe that #SIP enthusiasts did some pretty dumb investing.

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Ritwik Rai
Ritwik Rai@Ritwik_Rai·
@SandeepParekh Here was a really stupid idea. Appreciate the effort you have taken. 👏
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Ritwik Rai
Ritwik Rai@Ritwik_Rai·
@Cockroach4India This is a more appropriate name and has all the right allusions, and inheritance markers. 🙂
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Ritwik Rai
Ritwik Rai@Ritwik_Rai·
Just pointing out a (potential/ possible) historical parallel: Yogi Adityanath had taken over as CM in 2017, and imposed restrictions on illegal abattoirs/ beef. A big deal was made about tunday kabab. One can check that following such actions, excess demand was witnessed in 🍗.
Bar and Bench@barandbench

#BreakingNews Sacrificing cow not part of Eid: Calcutta High Court rejects plea against cattle slaughter restrictions Read here: barandbench.com/news/sacrifici…

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Ra_Bies 3.0
Ra_Bies 3.0@Ra_Bies·
Maam I know one person, he would candidly tell you everything you need to know. He name is Ajeet Bharti and his X handle is @ajeebharti
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Steve Hanke
Steve Hanke@steve_hanke·
"Rhetoric is the art of ruling the minds of men." – Plato
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Erik Solheim
Erik Solheim@ErikSolheim·
In defense of Indian 🇮🇳 democracy! During Prime Minister Narendra Modi most successful visit to Norway a minor incident happened. A Norwegian journalist demanded that the prime minister starts holding press conferences. She claimed that Indian democracy is in bad shape. May be its time to pause? May be its time to be a bit curious to the world’s largest democracy? Two weeks ago five Indian states and territories held elections. The turn out in the battlefield state of West Bengal was 94%. In the last local election in Norway it was 62%, in many European local elections turn out is below 50%. Can voting in massive numbers be a signal Indians trust their democratic process? In the same election BJP won big in Assam and West Bengal. It lost even bigger in Kerala and Tamil Nadu. Can this diversity be a signal that Indian democracy is reflecting the will of the people? The journalist referred to a democracy ranking putting India at 157 in the world, behind many dictatorships and deeply troubled states. When a ranking is so obviously contrary to common sense, why not ask critical questions to those making the ranking rather than demand that leaders shall comment on nonsense? I recommend Salvatore Babones book “Dharma democracy”. The book debunks convincingly the flawed methodology of these rankings. It was referred to a ranking claiming it’s very dangerous to be a journalist in India. Reality is that it is more dangerous to be journalist in the US and far more dangerous in the vast majority of other nations in the world. Let’s be real. India is not perfect. Of course there are incidents. India has a population the size of North America, South America and Europe combined. But India is much more peaceful than Europe or the Americas. That’s remarkable - given the ethnic, language and religious diversity of India and the many development challenges. Unless we consider democracy a form of government only suited for some very small, peaceful and homogeneous Western European nations, may be we should commend Indian democracy? India is the only major former UK colony which became and has remained a democracy. Its sometimes claimed that the Brits taught India democracy. If that was the case why isn’t Myanmar or Pakistan or the Gulf kingdoms democracies??? Reality is that Indian democracy is both homegrown and extraordinary successful.
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Ritwik Rai
Ritwik Rai@Ritwik_Rai·
When I recently visited Tanjore Tiffin Goa and was offered (complimentary) coconut candies at the end of the meal, I could immediately recall Morton. Apparently that co shut down due to Bihar rangdari vasooli. 😥
Ritwik Rai@Ritwik_Rai

@aravind @priyankac19 Most of these are still available in India, they are only rare. Among these oldest brands, Poppins/Rol-a-Cola are the most popular with my children.

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Ritwik Rai@Ritwik_Rai·
@aravind @priyankac19 Most of these are still available in India, they are only rare. Among these oldest brands, Poppins/Rol-a-Cola are the most popular with my children.
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Aravind
Aravind@aravind·
@priyankac19 Not sure if they were Parle, but I was addicted to and eating Pan Pasand, Gulkand, and Swaad even as an adult. Swaad is still available outside India. Indian toffees are the best.
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Priyanka Chaturvedi🇮🇳
As a child for me Parle’s Melody & Kismi Elaichi > Cadbury Eclairs. Parle’s Coldstar Mint > Nestle Polo Gen Z won’t relate.
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