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Chinese will do what they need to do while we deal with youth leaders who want JAUH+Khatakhat and new age electoral gurus who think Bihar can become Singapore/Sweden/Norway if only banks would give Biharis more loans instead of lending their deposits in other states :)

For those asking what have auto tariffs achieved - M&M + Royal Enfield.

Long overdue.

Sunak was Britain's only hope. They chose a railway clerk and a drama queen instead :)

You seem to have some specl. problem with basic economic intelligence. People supporting PK's idiocy are more retarded than the most die hard "Thala" fan :)

This counts as a direct export incentive that Indian babus have been so scared of using for 25 years for fear of "angering" the WTO :)

If India stays at 26%, wont be too bad.

DOGE cost Musk more than Musk saved via DOGE :)

I am sorry but neither are you. You are a degree slave peddling your social media "brand" under the garb of science because your medical skills are less than a placebo with a prescription pad.

After being abused by Big bazaar, Star Bazaar was a breath of fresh air for Indian shoppers when it was launched. It was launched in collaboration with Tesco and the Tesco touch showed in the products/merchandising. Has not lived up to potential yet.

“Many shall be restored that now are fallen and many shall fall that now are in honor.” — Horace.

With WTO defunct, Vietnam can use export incentives to defray some of the tariffs, Indian Babus will not let GoI do the same. India needs to negotiate this with caution.

If India can pull off a limited deal on less contentious issues while delaying a full deal on all lines of trade, it will be a significant achievement.

Lesson for GoI on Industrial Policy. Once you are a scale player in the supply chain, companies will work overtime to protect you. Just like American/European companies have worked overtime to protect their China factories.

So much so for stopping China with Tariffs :)

As long as we have genius Economists in this country who think that for a $2.5k/capita economy CAD does not matter, we will remain a mediocre economy never even reaching mildly industrialized status.

If you start declaring projects that miss DCCO as NPA, then every project in the country will become NPA and never see light of the day.

Well done. Now only for SAT to overturn this because after all those OCAML coding babu kids paying $200k in US tuition need internships :)

Only genius India finance journalists can say that Jane Street manipulated the index but it may not be illegal :)

Perfect analysis. What Jane Street did is more in the Hunt Brothers manipulating silver markets territory and far away from HFT/Arbitrage/Market Making territory.