An average NRI has a per capita income 7-8 times that of an average Indian.
India's #1 strength is its hard working, intelligent labour force. Especially NRIs.
They move countries & build a life from scratch in a foreign land. Dealing through numerous challenges along the way.
They are naturally inclined to invest in India.
Give them a sensible reason.
Don't give talks on high GDP growth, stop buying gold, stop using Petrol, stop traveling.
If this is an economic plan, then we better shut down a few ministries and save a few 100 crores.
On the one hand we ask them to fill 7 forms to withdraw their own money. On the other, we want their deposits by pushing nationalism.
See the problem?
Understand that we are dealing with decently educated savvy folks, who can see through the crap. Don't treat them like brain-washed fools.
Build a sensible plan, money will follow.
He is right , first of all cities were not at all chaotic , there were hardly any cars in those days , its post 2005 that the automobile boom has caught up in India . The roads in the cities are just not meant for such increased traffic volumes or for that matter cities designed for the increased population.
@sabeer He speaks as though he was born and brought up in the USA. Sir, you already know India has been like this since your days here. Instead of repeatedly highlighting the same issues, do something meaningful if you are genuinely concerned.
I’ve been experiencing chaotic traffic, mental fatigue and anxiety in Mumbai, Delhi and Gurgaon for the past few days. Constant honking, congestion, pollution and unpredictability seem to heighten chaos, stress and fear somewhere deep in the brain’s circuitry. Imagine what this environment does to a child’s developing mind.
@sabeer@matkewali It’s white noise after a while , there are prime areas touted as silent zones near schools , hospitals where there is more noise of whistles blowing and honking . There are so many other every day hurdles that this is just not a problem for most.
Seems like no one gives a shit about the current market fall in India.
This is not like 2008, 2020, or 2022 falls.
Back then, all major markets were falling. There were macro issues at play. Everyone was suffering. And, mean reversion was almost given even in the Indian markets.
2025, 2026 has been quite different for India now.
IT destroyed. Other countries winning on innovation, we are not. Make in India became a joke in India.
And, now unnecessary panic unlocked due to Modi ji's speech.
No responsible person, organization, agency speaks about our market. Looks like, it has been left to die.
I don't have a crystal ball. Maybe markets will recover, or they won't. I don't know.
But, the general apathy from the leaders during these troubled times would be hard to forget.
When an economy does not care about its investors, natural question is: why should the investors care about the economy in the long-term?
Forget FIIs. Even domestic retail feels alienated.
@FoxNews How is the USA trusting Pakistan, considering their past actions of harbouring OBL and many other nefarious activities ? Very surprising, there is something that doesn’t meet the eye and it seems deliberate!!!
BREAKING: Sen. Lindsey Graham unloads on Pakistan after reports claim the Middle East mediator allowed Iran to use their bases to park military aircraft.
"I don't trust Pakistan as far as I can throw them. If they actually do have Iranian aircraft parked in Pakistan bases to protect Iranian military assets, that tells me we should be looking maybe for somebody else to mediate. No wonder this damn thing is going nowhere."
Back in 2020, I spent a whole year trying to convince Bengaluru authorities to allow landowners to capture excess rainfall and recharge groundwater levels. We couldn’t secure permits because we didn’t bribe them.
Today our city continues to flood.
@sundarpichai Dhanyavad to Google for this and other adhbhut invention, you are right about people taking technology for granted and there is no wonderment in one’s mind in what they see and use. The thousands of hours of collective human effort is barely appreciated.
Hello. How are you? Thank you. I love you. Please.
Some of the most frequently translated phrases of the past 20 years!
Google Translate began twenty years ago with a mission to help people understand one another, regardless of the language they speak. What started as a small experiment has become a global tool that helps over 1 billion users every month.
In that time Translate has evolved from simple pattern matching to true understanding. In 2006, it relied on statistical machine learning to look for patterns in small word clusters. By 2016, we pioneered a shift to neural networks to move beyond literal word-for-word translations, and today we’re using our powerful Gemini models to make Translate even more helpful.
We are moving from text to fluid, real-time conversations. With our latest models, you can even use your headphones as a personal interpreter that preserves your original tone and cadence - it’s an amazing experience!
One of the interesting things about AI is that as we make progress, we begin to take it for granted. If you met a person who could translate across a hundred languages faster than any human can, you would be so impressed. Today, one product does that for nearly 250 languages, and we kind of just shrug.
Being able to say thank you in 250 languages is not something I take for granted. So to the 1 billion who use Google Translate - merci, dhanyavaad, arigatō, gracias, and thank you! Let’s see what the next 20 years will bring.
@gauripod One fourth of Germany is in Mumbai ( population ) , if I imagine that in Munich / Berlin 🤣🎃. And lo-behold in spite of that 24 hours water in almost all places , aah flooding , road congestion, etc nothing ..considering 22 Million Mumbaikars.Home sweet home
polluted, hottest, worst place to live economically, no proper health care, rapist/corrupt politicians, highest number of unemployed youth, poor air quality, water scarcity, crumbling infrastructure, traffic chaos, rising cost of living, weak public systems, lack of accountability, overcrowding, noise pollution, declining green cover, increasing inequality, adulteration in food, no law and order for the rich, ethanol in vehicles pushing car culture, burning slums, poor waste management, lack of public transport planning, power cuts, unsafe roads, weak civic sense
can you guess the country ???
@dineshwadera Ha ha , he got a taste of his own medicine, what a shame they called of the WHCD press meet and dinner , a bunch of cowards the Americans who are in a permanent hell hole in one !
@WorshipDhoni Remember it is the public of this country that worship their stars on a pedestal that creates all this Tamasha. Please ignore them and treat them as a normal person.
You have to simply also factor how much the property market value appreciates apart from the rental yield and compare it with the investment type where you want it invested. Usually in a place like Mumbai the property appreciation is higher. Yes also building age matters , if your property is old and newer projects are coming up near your area better sell it . Also once you decide de to invest please take care to invest bulk of it as secure investment, similar to your existing asset class . Sometimes liquidity may make one temped to buy unnecessary things like a new car and soon you will find a dip in your capital. Take care , unless in need of money do not sell.
I own a 1BHK in Bhayandar, Mumbai worth around 55 lakhs.
Rent I get? Just 20k per month.
That is barely 4 percent return. And over time, buildings get old, appreciation slows, and maintenance increases.
So I ran the numbers.
If I sell and invest 50 lakhs, then do SWP at 12 percent while withdrawing 45k per month for 30 years:
Total withdrawn = 1.62 crore
Still left ≈ 1.24 crore
Now compare:
Property gives 20k per month with slow growth.
SWP gives 45k per month and still builds wealth.
So the real question is:
Do you choose safety or growth?
I am seriously thinking of selling.
The inflation argument makes sense only if AI-produced abundance actually reaches everyone.
But who owns the AI and the robots? The same people who already own the capital.
You're describing a system where productivity goes up, profits go to the top, and the government cuts checks to keep people quiet about it.
That's not abundance. That's managed dependency.
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.
AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
@janwhyy Well it’s always simple living , high thinking (back home , though it’s changing… ), one can live either ways. At the end identity is only perceived.
Moving back to India after living abroad is a very specific kind of identity crisis nobody prepares you for.
In London everything about me made sense. The independence, the career, the routine, the version of myself I’d built over years.
Then you come home and your room is exactly how you left it. Your mom still knocks before entering (sometimes). The neighbourhood aunty still asks “shaadi kab hai.” And you’re sitting in the same chair where you studied for boards at 17 except now you’re on a call with a supplier in Korea about formulation stability in humid conditions.
The contrast is so absurd honestly
No point in warning people, there was once an elderly wise villager who fore warned his fellow villagers to save themselves from becoming mad as the the village pond would be affected due to a rare celestial event. He told them to save some water from the village pond a day before the actual celestial event. Nobody bothered and all of them became mad except the old wise man. Soon enough that same day he was so badly tormented by them that he decided to turn mad as well and rushed to the pond !
@oscilloscoping@elonmusk@nayibbukele That's not the point.
I don't care about Uber.
I care about the social and political implications of firing all Uber drivers as a trillionaire gets richer.
Abundance is 10+ years down the line. We need bridge solutions urgently.