Satadru Ghosal
167.5K posts

Satadru Ghosal
@SatG2021
Stock market participant....current affairs....India first

1/ Owing to high barriers to entry, India’s lodging and hotels industry has become a cartel that raises prices at will and fleeces customers. India’s luxury hotel average daily rate (ADR) in Mumbai and Delhi now rival those of New York and London. Absurdly enough, the financial press sometimes celebrates this as some triumph of Indian hospitality. It is nothing of the sort. High prices are the unmistakable stamp of a supply-constrained market in a low income country, which should actually have a very competitively priced and deep pool of lodging options. The hotel industry is a structural failure being hyped as a success.








Exclusive: India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say reut.rs/42ufodG reut.rs/42ufodG



With fertilizer, this planet feeds 8.5 billion people. Without it, we can feed around 2 billion. We have just disrupted 30% of global fertilizer supply through the Strait of Hormuz. And people are still talking about this as if it is an oil story. It is not an oil story. It is a food story. And the numbers do not care about politics. Watch the full breakdown: youtube.com/watch?v=l0oHnw… #FoodSecurity #Fertilizer #StraitOfHormuz #GlobalFoodCrisis #SteveKeen #Economics



The fight for the New York State Caste Bill is here. After California's veto in 2023, New York could become the first state in the U.S. to legalize caste protections with its passing. Read about why this bill matters in New York. My latest in @prismreports 🔗 and 🧵below.


We can’t sustain discounted prices at the pump much longer, a gradual and calibrated increase of petrol prices will be required.

“When it comes to Pakistan and China, enough already!” Senator Lindsey Graham @LindseyGrahamSC is having none of the whitewashing of Pakistan’s duplicity when it comes to “mediating” talks with the Islamic Republic of Iran.

321 BJP members were murdered by the Regime of Fear headed by then CM Mamata Banerjee who was also Home Minister of Bengal. 321 lives lost; 321 families destroyed; women widowed; children orphaned — as CM-HM she kept quiet, signalling approval. Countless women were r@ped by Mamata Banerjee’s Brown Shirts; women were publicly flogged — as CM-HM she kept quiet, indicating endorsement. In any half decent country Mamata Banerjee would be tried for crimes against humanity. No reason why we should be different. She must be held accountable for each of these hideous crimes. Her hands are drenched in the blood of her Brown Shirts’ victims. She must not get away with impunity. She must not be given a pass. #NoMercyForTMC





India’s factory workers abandon jobs as city life gets too expensive ft.trib.al/oG4UBuv

