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Most recents (13)

#BRILLIANT #ANALYSIS

How many People get impacted by #taxterrorism of Newly implemented #TCS (Tax Collected at Source)?

ONLY 4.3 MILLION FAMILIES

That’s JUST 1.2% of INDIAN FAMILIES …. basically the TOP end of
India’s Travelling Abroad in 2019 has Still NOT been exceeded, so let’s use that Number. Indian who Travelled OUTBOUND in 2019 was just 27mn. ImageImage
Charts of Indians Travelling Overseas
Chart 1: Annual Trend
Chart 2: Percentage of Women & amen ImageImage
Read 8 tweets
#BRILLIANT CHARTS showing India’s GDP Growth - A Notable #ACHIEVEMENT by #Modinomics

Let’s look at India's nominal GDP that matters to Households & Businesses

EXCLUDING government borrowing & spending) Indians Households & Business Experience ~ZERO GROWTH since 2014-22 Image
This contrasts with the period FY 2008-14 when non-government component of GDP accounted for 38% of nominal growth.

Economists believe these animal spirits to be a vital ingredient for high growth of #SMEs & #Businesses Image
But you might argue that lots of STARTUPS have created jobs and lots of govt data shows lots of New Business Registrations since 2017

BOTH ARE TRUE but

During these yrs #Farmers, #Unorganised Biz & #SMEs LOST a total of #45-60 MILLION JOBS. So 1-2 Million Startup jobs is a drop
Read 8 tweets
#BRILLIANT Example of #Modigovt CAPEX !

Rs20000 per Plate of Food for #G20 comes as No Surprise

#Modinomics CAPEX is GOLD PLATED thereby costing us at-least 50-100% More than what a Frugal Govt should spend or what has been spent by the same institutions in the past.
This is precisely why your Road Cost you Rs75 LACS per 10 Meters of Road (Bangalore- Mysore Expressway) or the User Development Fee at your Airports are being raised by 500% etc

I have written Several Detailed Threads on this subject
Read 4 tweets
A #BRILLIANT move by the @FinMinIndia hit 4 birds with one stone by introducing 3 changes in the Finance Bill. The 3 birds..
1) Higher Tax Collections
2) Capital Controls
3) Bank Deposits
4) Lower cost of Govt funding.
But will HURT GROWTH. Long #THREAD
What are the changes
1) End of LTCG on #debt, Gold ETFs, Overseas or Any mutual fund that invests in less than 35% india equity bought after 1 Apr-23
2) STT Raised by 25%
3) Tax Collected at Source (TCS) raised to 20% (5% earlier) & threshold reduced to Zero (Rs7 lac earlier)
TRIGGER POINT: The Banking system is facing a shortage of liquidity => PRIMARY motive for the Changes in the Finance Bill in my opinion.

WHAT CAUSED THE LIQUIDITY CRUNCH? Weak Deposit growth vs credit growth.... also reflected in rising Credit/Deposit ratio ImageImage
Read 28 tweets
Very intelligent 🧠 and #brilliant doctors. Doctor vs #DoctorWho Quiz.
Which #cytokine stimulate the growth and differentiation of #eosinophils.
#medtwitter #meded #doctor #USMLE #medical
Very intelligent 🧠 and #brilliant doctors. #Doctor vs #Doctor Quiz.
Which #cytokine stimulate the growth and differentiation of #eosinophils.
#medtwitter #meded #doctor #USMLE #medical
On Targeting #Eosinophils which clinical condition will benefit most ?
#medtwitter
Read 5 tweets
Thought I’d share some of the #books I have read this year! Didn’t think I’d done much #reading this year but I’ve definitely done better than I thought! #BookRecommendations #BookLover #ReadingList
First up Chasing New Horizons - the story of the New Horizons satellite journey to #Pluto. A fascinating look at the project and how it all came together. #ILovePluto A picture of a Lego figure ...
Next up another space related book. #Curiosity the story of the not so little #Mars rover. I really enjoyed this book as the background to the projects is fascinating. So many projects nearly don’t see the light of day. #Space #Technology #ReadingList #BookTwitter A picture of a Lego figure ...
Read 20 tweets
: Olayemi Olurin's voice on the Culture of Police Brutality, within the Police Precincts and the Department of Corrections...! #Brilliant ✊🏾
: Recommend reading... Image
: Recommend reading... Image
Read 4 tweets
: 'Black' women and men have to work together to build & develop the Economic & Social Infrastructure [community] that's going to emancipate us all from the 'White' Patriarchal System. As long as we're locked into this System, we'll never stop dehumanizing each other! 😢 Image
: [And] Read more Bell Hooks...! #Brilliant 🎯 Image
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Read 6 tweets
: Desicrate Mandela's house for Capitalist exploitation in order for the "elite" to have access. Yes, Mandela's legacy is "honored" by this. He struggled against Apartheid & National poverty so that rich Capitalists could thrive off of his name! #Brilliant 🚫
: Recommend reading...
Read 4 tweets
1/ The effects of gender imbalance in the VC industry have been well documented. Recent data suggests women represent just 9% of the VC industry, and there are 16x more male founded startups than female founded startups backed by VCs
2/ Many studies have highlighted the historic implicit bias against female entrepreneurs from VCs. But I was excited to learn this past week from Professor Ilya Strebulaev @StanfordGSB that there is new data to suggest behavior is changing
3/ In one of the largest randomized trials ever conducted last month, researchers sent >80k cold emails from 200 fake entrepreneurs to ~30k VCs and angels. If you are a VC, it is highly likely you got one of their pitch emails and participated in the trial #brilliant Image
Read 7 tweets
1) President Trump's critics almost had a victory with this #WolffBook and the idea that Trump is out of his mind.
2) But The Donald is not one to take any attack passively - especially this one.
3) His response is, like, pure genius. A #VeryStableGenius. #POTUSVSG
Read 10 tweets
News that Sessions has not recused on U1 means he is now investigating Rosenstein & Mueller while they investigate Russia...

#Brilliant
Senators have told Trump he better not fire Sessions or Mueller but what if Sessions charges Rosenstein or Mueller, then where are we...
If nothing else U1 is a textbook case of investigators operating outside of guidelines & concealing information in a way that risked NatSec.
Read 5 tweets

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