Arvind Chari

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Arvind Chari

Arvind Chari

@arrychary

Politics, Economics, India Investing, Global Macro—🙄; Travel, Food, Wildlife, BioDiversity, Progressive Rock 😎

London, England Katılım Ekim 2017
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Arvind Chari
Arvind Chari@arrychary·
The second part of the interview with @AaratiKrishnan which came in @ValueResearch mutual fund Insight magazine. Lot more detailed on corporate credit cycle and the various aspects of credit risks and a debt fund investing advice to my mom. 🙂valueresearchonline.com/story/h2_story…
Arvind Chari@arrychary

My interview with @AaratiKrishnan for @ValueResearch on the priorities and objectives of debt fund investing...ofcourse laced around my pet peeve on risks in liquid funds ..

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Arvind Chari
Arvind Chari@arrychary·
Brilliant
Mattia Nelles@mattia_n

Oleksandr Yakovenko, the founder of TAF Industries, one of Ukraine's largest drone makers wrote a good response to @RheinmetallAG's Papperger's irritating statement. I used AI to translate it for you. It is worth reading in full. "Dear Mr. Armin Papperger, CEO of Rheinmetall, When you called Ukrainian drone manufacturers “Ukrainian housewives with 3D printers in their kitchens,” you demonstrated how deeply the European defense establishment still fails to understand the nature of modern warfare. This is not about emоtions. This is about battlefield reality. Here are the figures your industry refuses to acknowledge: In 2025 alone, Ukrainian drones carried out 819,737 confirmed strikes. They accounted for 90% of all combat losses of the Russian army—more than all other types of weapons combined. A single company, TAF Industries, produces up to 100,000 FPV drones per month. Over any given 90-day period, the products of my company alone have more confirmed hits than your entire fleet of equipment over its entire history of combat use across all conflicts. And most importantly—I built this company and achieved these results in two years, not fifty. Think about that. Our drones achieve greater kinetic effect in three months than your flagship platforms have in half a century. Why? Because the battlefield has changed, while your business model has not. Russian electronic warfare has rendered GPS-guided Western munitions (Excalibur, GMLRS, etc.) almost ineffective. Expensive and complex systems designed for wars with air superiority and conventional “peer-on-peer” conflict have become easy targets for drones costing $500–2,000 that attack them from above. The cost-effectiveness ratio has been turned upside down: one 120mm Rheinmetall shell or one anti-tank missile costs more than a dozen of our drones—yet our drones still prevail. This is not a “Lego game.” This is industrial Darwinism in real time. We iterate weekly. We lose factories to missile strikes and rebuild them within weeks. We print parts in basements and deploy 100,000 strike systems per month, while your engineers still require 3–5 years and hundreds of millions of euros to certify even minor upgrades. The war in Ukraine is not a temporary anomaly. It is the first true drone-industrial war. And it has already proven that outdated European platforms—no matter how expensive or “serious”—are becoming increasingly irrelevant if they do not integrate the very technologies you are mocking. So when you say “this is not innovation,” I hear something else: “We do not want to admit that the future is being written in Ukrainian workshops, not in Düsseldorf offices.” The hashtag #MadeByHousewives is trending for a reason. Because these “housewives” destroy more enemy equipment every month than entire European armies do over full campaigns. And they do so while your industry continues to sell 20th-century solutions at 21st-century prices. The invitation stands, Mr. Papperger. Stop laughing at the kitchen table. Come and learn how the war of tomorrow is actually fought. Because the next time someone asks, “Who needs tanks in the age of drones?”, the answer may be simpler than you think: Those who still believe in 1979 will lose to those who are building in 2026. With respect (but with facts), Oleksandr Yakovenko Founder of TAF Industries One of those “Ukrainian housewives”" pravda.com.ua/columns/2026/0…

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Hugo Navarro
Hugo Navarro@HugoNavarroPer2·
EBITDA (2026 edition): Earnings Before Iran, Tariffs, and Donald Announcements.
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Sienna
Sienna@sienna_rothery·
i have a week off, in london, & plan to do all the things that you never end up doing when you’re working. freud’s house in hampstead, sir john soane’s house, a few piano bars. anyone have any recommendations?
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Arvind Chari
Arvind Chari@arrychary·
The 2013 summer depreciation April-August from INR 55-68, with the intial sell-off triggered by ‘foreign bond tourists’ and Corp FX borrowers cutting (55-60) and then the July 2013 RBI panic rate hike triggering another sharp sell off from 60-68 on growth concerns.
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Arvind Chari
Arvind Chari@arrychary·
Feels like 2012, where the RBI/ Govt kept trying operational/policy measures to stem the rupee weakness but Oil above 100$, gold imports, FPI outflows and higher import demand kept dragging the rupee lower from 48-55 levels
Ira Dugal@dugalira

The RBI’s curbs on open rupee positions will at best bring temporary relief to the currency as fundamentals remain rupee-negative, analysts and bankers told Reuters. Reuters Jaspreet Kalra and Nimesh Vora report on why this arbitrage opportunity had ballooned and how it’s unwinding. Read here: reuters.com/world/india/in… Also on Monday, corporates stepped in to take advantage of the dislocation, eroding even the short term gain on the rupee. Read here: reuters.com/world/india/in…

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BasisPoint Insight
BasisPoint Insight@91basispoints·
A System That Adjusts by Moving the Pain Somewhere Else It seems like we’re not really absorbing shocks anymore, just moving them around. Oil markets are splitting by route, the rupee is taking more of the hit than it should, and policy seems more focused on smoothing things over than letting adjustments play out. You see the same pattern elsewhere too. In governance, in regulation, even in how capital is sitting idle. Check out all of this, and more, on BasisPoint Insight in the week gone by: basispointinsight.com/Story/Home/a-s… @panaab007, @Dhananj89102936, @apirk16, @SakshiGupta86, @MadhaviArora7, @arrychary, @gaurasengupta, @rajeshmahapatra, @krishnadevanv, @ssmumbai, @csoyantar, @Sangeet08075069, @IndiaEconomists, @MayaramArvind #SystemicRisk #RiskTransfer #HiddenRisk #MarketSignals #EconomicNarratives #MacroRisk #FinancialSystem #StressShift
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Bhaumik Gowande
Bhaumik Gowande@bhaumikgowande·
This is what Atal Setu or Mumbai Coastal road would have looked like with integrated metro rail or RRTS.
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Arvind Chari retweetledi
Royal Challengers Bengaluru
100(63), 101*(61), 21(20), 77(49), 83*(59), 22(16), 113*(72), 3(9), 42(20), 18(7), 51(43), 70*(44), 42(27), 92(47), 27(13), 47(29), 33(24), 59*(36), 31(30), 7(6), 67(42), 22(14), 62*(45), 1(3), 73*(54), 70(42), 51(47), 62(33), 43(25), 54(30), 12(12), 43(35) & 69*(38). Last 33 innings in the IPL. Who could this be? 😏
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Arvind Chari
Arvind Chari@arrychary·
@swarajk_ Yes, I think so.. many views on higher depreciation is good for exports etc.
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Swaraj
Swaraj@swarajk_·
@arrychary yeah could explain the change in fx policy as well
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HMS
HMS@Hmsoriginal·
@DailyMail America’s “tense” negotiations with Israel.
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