Hemang Mehta

@dspmf @SahilKapoor Do not understand allocation to very long term government bonds. The duration risk taken here is significant with average maturity of 20 years to 30 years. Why are you so much long duration in an uncertain world.

Your multi asset fund hasn't moved the way you hoped. And you've been checking it more than you'd like to admit. You're wondering if you made a mistake. You probably didn't. @SahilKapoor explains why. To know, watch the full clip👇

Only SC can help put a lid on 1. Reservation - once a family avails reservation twice, it shud cease 2. Freebies- to be treated as bribe for votes & can’t be announced before elections A Viksit Bharat cannot be built by compromising merit & the moral character of citizens

@robin_j_brooks your comments below reveal a profound lack of understanding of the oil market. Commodity futures price inventory, NOT expectations. That isn't ideology; it's a fact grounded in the economics of carry. The Brent price in your graph is not a risk anyone can actually hold — it's a spot contract stitched together at each expiry. In normal times that's a fair proxy; these are not normal times. Construct a series an investor could truly hold — a rolled BCOM index, or the USO ETF — and the picture inverts: it slopes hard up and to the right, consistent with the largest supply shock in history. USO keeps climbing because the shortage is showing up in the futures curve — not in the headline price on the screen. The carry pays an investor nearly 50% a year, even if the price of oil never moves. The SPR was drawn down before commercial inventories — when it is normally the other way round. Strategic stocks are meant to be the last line of defence, not the first, but this time Washington spent them first, managing headlines not risk. When you have no crude in storage, THEN and only then will the spot price move to a level to destroy demand. I have no idea if it is 150, or 200, or 250. The observed indication from Asia is ~200.

Humbled to share that we successfully test fired 4 semi-cryogenic rocket engines simultaneously, as a cluster. All the 4 engines are 3d printed as single pieces of hardware - designed and manufactured in-house at AgniKul Cosmos Rocket Factory - 1. As with all our propulsion systems, these 4 engines are also powered by electric motor driven pumps. This test involved calibrating 8 pumps, 8 motors and tuning 8 speed control algorithms to work together in perfect sync to achieve uniform startup, steady state and shutdown performance across the entire system. As with the last cluster test, to the best of our knowledge, this is the first time such a test has been performed in India with semi cryogenic engines. We are extremely grateful to have the opportunity to be building world class, original space technology from India, for the world with the support of @iitmadras @isro and @INSPACeIND From here on, the addition of engines to our clusters will likely increase non-linearly. #Agnibaan #RocketEngineCluster #ElectricPumpFedEngines #Agnilet #SinglePieceEngine #3dprinting #RocketEngineTest #AdditiveManufacturing #Agnikul #AgnikulCosmos #StartupIndia #MakeinIndia #madeinIndiaForTheWorld @srinathr155 @moin_spm @satchakra_iitm @iitmadras @iitmrp @IITMIC @tdbgoi @IndiaDST @ANRFIndia @TIDCO_1965 @startupindia @TheStartupTN @Guidance_TN @startup_mission @SIPCOTTN

Sheer madness. What happens if/when you have a run on this Bullion Bank? Unlike fiat money, RBI can't create gold out of thin air to stabilise the system. INR depreciation has brought forth armies of grifters from every nook/cranny trying to make a quick buck out of the situation

After the U.S. Treasury’s official gold revaluation in February 1973 to just $42.22 per ounce, something profound happened. 🔶The free-market price of gold was already trading around $69. Within months, it exploded higher — eventually hitting a high of $195/oz in December 1974. Why did gold shoot up so dramatically right after the revaluation? Because the entire world finally realized: $42.22 was the absolute bottom. The U.S. government had officially declared that value through two devaluations (1971 → $38, then 1973 → $42.22). Once that line in the sand was drawn, smart money understood the dollar was no longer backed by gold in any meaningful way. The Bretton Woods system was dead. Fiat currency era had begun. That $42.22 revaluation acted as a massive psychological floor. It signaled to central banks, investors, and speculators worldwide that gold would never again be artificially suppressed at those levels. From there, it was off to the races: ⭕️ Inflation was raging ⭕️ Oil shocks hit ⭕️ Dollar confidence collapsed Gold went from ~$70 → $195 in under two years. A nearly 180% gain. But then came the sharp crash — from $195 down to around $100 by August 1976 (a ~50% drop). Why? Reasons: ⭕️ Profit-taking & correction after the massive 1973-74 speculative bubble ⭕️ U.S. legalized private gold ownership (Jan 1, 1975) — but demand was weak (no strong tradition of gold hoarding in America) ⭕️ Disappointing U.S. investor response — many who bought in anticipation sold instead ⭕️ Easing inflation fears & brief return of confidence in the dollar ⭕️ U.S. Treasury & IMF gold auctions/sales added supply pressure ⭕️ Improved economic outlook as the U.S. emerged from recession This was a healthy (if painful) consolidation after the first leg of the bull market. 🎯The lesson? When governments revalue gold upward, it’s rarely the top — it’s often the launchpad. Corrections happen, but the long-term trend after leaving the gold standard was powerfully higher. History shows: once the official price becomes obviously too low, the real price discovery begins. #Gold #GoldStandard #NixonShock #MonetaryHistory

.@USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea. This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed. This general license will help stabilize the physical crude market and ensure oil reaches the most energy-vulnerable countries. It will also help reroute existing supply to countries most in need by reducing China’s ability to stockpile discounted oil.

"Serious negotiations are now taking place, and that, in their opinion, as Great Leaders and Allies, a Deal will be made, which will be very acceptable to the United States of America, as well as all Countries in the Middle East, and beyond... we will NOT be doing the scheduled attack of Iran tomorrow, but have further instructed them to be prepared to go forward with a full, large scale assault of Iran, on a moment’s notice." - President Donald J. Trump 🇺🇸

And Indian silver etf starts trading at premium because they can’t create new units.

500+ days in jail. Bail denied. Again. Chinmoy Krishna Das Prabhu, a spiritual leader and an ISKCON monk, continues to languish behind bars in Bangladesh while the world watches. When even his lawyers are intimidated, threatened and silenced in court corridors, what justice are we even talking about? Is advocating for the rights of the Minority Hindu community a crime? When a saffron-clad soul is treated like a criminal for raising his voice, the world CANNOT remain silent. I appeal to the Government of Bangladesh to give medical aid and, more importantly, access to fair justice to Chinmoy Krishna Das Prabhu immediately. May he be granted bail at the earliest. And to all the pseudo-secularists and Selective Human rights Activists around the World who flood timelines overnight, wave watermelons and trend hashtags on cue, your silence can be still heard. Apparently, your humanity has a filter. @bdhc_delhi @UNHumanRights @UN_HRC @UN #FreeChinmoyKrishnaDas

In Tamil Nadu, the BJP being in power at the centre has been used by essentially all the parties to demonize them. The DMK made "attack Modi" as their only plank. EdappadiDMK (that is the correct name) would have done the same thing if the Congress had switched over to them. In Tamil, we call this பூச்சாண்டி காட்டுதல் - like my grandmother would tell me as a kid "that tree next to the pond has a ghost that will catch you, so don't go near it" to keep me away from swimming in the pond! Modi is their favorite பூச்சாண்டி. So when someone parrots the line "we want to keep the BJP out of Tamil Nadu", they are saying "we don't want competition for our cozy duopoly", not some deep principle. The BJP has been in alliance in AP and Pondicherry and those states are doing fine, they are making excellent progress. Yet TN is supposedly "different". The "difference" was the BJP getting into alliance with these same parties (EDMK or DMK) that want to openly or secretly suppress them in TN. What is the way ahead? Find good youthful passionate leadership that are willing to fight the good fight long term. Focus on building up the party from the grassroots. Ignore all the பூச்சாண்டி business. Do not align with anyone who claims "TN is different". TN is Bharat. We have to fight this subterranean separatism. Annamalai was making progress but he needed a lot more time. He was creating a genuine political movement, he invited youth to be active in politics and he had massive engagement. I would have volunteered for this assignment too (I love building up from zero!) but I am neck deep in tech and Bharat needs deep tech. So not in this life time. To be very clear, I will state my political views (my right to free speech) but I will not be in active politics. I hope all our educated citizens do engage in this political debate and express their opinions, but let us all do it RESPECTFULLY.

Ladies and gentlemens, dignitaries, celestial and extraterrestrial beings… Behold the double whammy now staring us down. The majestic Shiller PE Ratio now sits at 41.8 locked at the same lethal stratosphere the Dot-Com bubble hit right before its 2000 apocalypse. That brief spike to 44 was the final blow-off top. We are already entrenched there.And that’s only half the horror. The Buffett Indicator has completely obliterated 2000 valuations, exploding to over 230% of GDP the highest reading in history, dwarfing the Dot-Com peak. This isn’t elevated. This isn’t rich. This is full-blown, lights-flashing, sirens-blaring bubble territory on steroids the kind that ends in financial carnage. The charts don’t lie. We’ve seen this horror movie before. The last time these twin monsters aligned at these extremes, the market didn’t correct… it face-planted from orbit in spectacular, soul-crushing fashion. While the bulls keep dancing like it’s 1999, both indicators are howling the same terminal warning from 2000 only this time amplified by raging inflation and 1,000 times more debt suffocating the system. This party has a hard expiration date. And the hangover will be epic, brutal, and legendary. Stay vigilant. Schiller PE. Ratio

Year 2020, BJP : Sourav you should Join BJP Sourav Ganguly : Declined BJP : Become BCCI President Sourav Ganguly : Ok. BJP : Become CAB President Saurav Ganguly: Ok BJP : Speak on TMC Violence Sourav Ganguly : Declined BJP : Speak on TMC's Corruption Sourav Ganguly : Declined BJP : Speak on TMCs Muslim Appeasement Sourav Ganguly : Declined 2025 : BJP : You should join BJP and Let's Remove Mamta Banerjee Sourav Ganguly : Declined 2026 : BJP Wins Bengal : Saurav Meets BJP Leaders. The most Selfish, Opportunist Person I have ever seen!!

India slowly but surely consolidating its trade settlement system in Rupees . For the month Feb26 over INR 14000 Crores settlement was done . More than 30 countries are now part of this Settlement System .This system allows both exporters and importers to invoice and settle payments in INR. Aim is to place Rupee as a credible trading currency in a multipolar world financial system . Total Indian exports in 25-26 was INR 81.70 kharab (860 billion USD) and imports was INR 93.5 kharab (979.4 billion USD). Out of the above 175.2 kharab , last year 10.5% was invoiced in INR but only 5.8% of combined trade was settled in Rupees. Another 22.2% in other currencies and 72% in USD. However a beginning has been made .

NVIDIA has booked over 50% of TSMC's most advanced packaging capacity through 2027. The bottleneck in global chips right now is not fabrication. It is packaging. And this is the exact layer India has chosen to enter first. The whole market debate still circles around one question: can India match TSMC at 2nm? That debate misses the point. The real choke point in the AI hardware stack today is advanced packaging (CoWoS), and the data is striking: 🔹 TSMC scaling CoWoS from ~35,000 wafers/month (late 2024) → ~130,000 wafers/month by end-2026 🔹 Advanced packaging at TSMC growing at 80% CAGR 🔹 ASE, world's largest OSAT player, expecting advanced packaging revenue to double in 2026 🔹 NVIDIA reportedly booked 800,000 to 850,000 wafers at TSMC for 2026 alone Now look at India's response. 12 projects approved under the India Semiconductor Mission. ₹1.64 lakh crore committed. 6 states involved. 8 of those 12 are OSAT, ATMP or advanced packaging plays. This is not random capacity creation. It is targeted entry into the layer where global supply is structurally tight. And it has started shipping. 🔹 Micron Sanand ATMP: commercial shipments began early 2026 (₹22,516 crore, ~14 million units/week capacity) 🔹 Kaynes Sanand OSAT: PM inaugurated commercial plant on 31 March 2026 (₹3,307 crore, 6.33 million chips/day) 🔹 CG Power Sanand: pilot OSAT line live since Aug 2025 (₹7,584 crore, 15.07 million chips/day target, JV with Renesas + Stars Microelectronics) 🔹 Tata Dholera fab: first 28nm chip targeted Dec 2026 (₹91,526 crore, 50,000 wafers/month, 28 to 110nm nodes, PSMC tech transfer) 🔹 Tata Assam OSAT: scaling to 48 million chips/day (₹27,120 crore) 🔹 HCL-Foxconn Jewar: 20,000 wafers/month, OSAT (₹3,706 crore) Then 19 April 2026 happened. 3D Glass Solutions broke ground in Bhubaneswar (₹1,943 crore) for India's first advanced 3D glass-substrate packaging unit. 70,000 glass panels/year. 13,000 3DHI modules/year. This is the same heterogeneous integration tech Intel, Samsung and TSMC are racing toward. India isn't on the 3DHI roadmap. The foundation is already laid. Below this layer sits the rest of the value chain: 🔹 SiCSem (Odisha): India's first commercial silicon carbide compound fab. 60,000 SiC wafers/year. Critical for EVs, fast charging, defence, solar inverters. 🔹 CDIL (Punjab): brownfield expansion to 158 million high-power discrete devices/year. MOSFETs, IGBTs, Schottky diodes. 🔹 Suchi Semicon (Surat): approved 5 May 2026, 1,033 million discrete chips/year for power and automotive. 🔹 Crystal Matrix (Dholera): approved 5 May 2026, India's first commercial GaN mini and micro LED display fab. The pattern is consistent. India is building exactly where the world is short of capacity right now: advanced packaging, SiC power devices, GaN displays, automotive-grade discrete. The listed plays mapping into this build-out: 🔹 OSAT, assembly, packaging: Kaynes Technology, CG Power, HCL Technologies, SPEL Semiconductor 🔹 EMS and chip integration: Dixon Technologies, Syrma SGS 🔹 Specialty chemicals and gases: Tata Chemicals (signed MoU with Merck for Dholera fab supply), Linde India (expanding capacity in Dholera), Deepak Nitrite (etching and cleaning chemistries) 🔹 Chip design and IP: Tata Elxsi, Cyient, L&T Technology Services, MosChip Technologies 🔹 Power and cleanroom automation: ABB India 🔹 Defence-grade and downstream: Bharat Electronics (Pune fab + SCL co-development) The macro context reinforces all of this: 🔹 Electronics production: ₹1.9 lakh crore (FY15) → ₹12 lakh crore (FY25) 🔹 Mobile phone exports: ₹1,500 crore → ₹2 lakh crore over the same window 🔹 India is now the world's second-largest mobile phone manufacturer 🔹 Semiconductor market: $45 to $50 billion (FY25) → $100 to $110 billion (2030) → $300 billion (2035) per Deloitte 🔹 Import dependence projected to fall by 40 percentage points by 2030 A semiconductor ecosystem rarely emerges in isolation. It emerges on top of an electronics manufacturing base. That base now exists. India does not need to win at 2nm to be relevant in this cycle. It needs to be present at the layers where global supply is bottlenecked. That is exactly what the project mix is doing. Two plants are shipping commercial chips today. Two more begin commercial production within the year. December 2026 should see the first 28nm logic chip leave the Dholera line. Public market pricing on most listed plays still treats this as a 2028+ story. The first shipments say otherwise. Disclaimer: For educational purposes only. Not a buy or sell recommendation.

Big big mistake to call a person who promotes powers hostile to India like this @rajnathsingh

You were wondering how a naxal like Indira Jaisingh pulled off the UGC regulations under the Govt's nose? Now look at a Chinese stooge lecture at National Defence College.

LMAO this was high quality brutal roasting of Trump with a minecraft video 😭🤣😂 via famous Iranian GANDOCRAFT STUDIO

So apparently Jared Kushner made the decision to remove JD Vance from the negotiation team and replace him with this moron. In early January the dude literally wrote an op-ed advocating for this stupid war and every single prediction he made about how things would go turned out 100% wrong. THIS is the guy they are bringing in to “help” with the negotiations. Unbelievable.