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Before 2020: it used to cost 350-400Rs/person to eat out (decent restaurant, Delhi). Now, it is easily 650-700Rs. Almost 100% inflation. Eggs, dairy, vegetables, fruits (depending on your city) would have around 40-70% inflation. Yet official inflation stays at 7-8%

Global central bank balance sheets take huge losses as they bought long term bonds and de facto printed money. Who pays? Sovereign.Signs of sticky inflation in US. More interest rate hikes likely. And higher for longer. Remember airplane turbulence? Fasten seat belts worldwide!

moneycontrol.com/news/business/…

Two points to note: A. How realistic is the GOI & RBI's GDP growth estimate for FY24? B. Remember, these growth numbers are AFTER the around 1.5-2% bump up because of the change to GVA method. Under the earlier method followed until 2014, GDP growth probably would be 2-3%

Indian economy seen losing speed as rising rates hurt demand - Times of India m.timesofindia.com/business/india…

Some of the yields available in fixed income & financials in the US, are simply mouthwatering and I am BUYING!! Enough is enough!!

First we pay 28% tax on a car (non-luxury, small). Then we pay 70% fuel tax to drive that car. Then we pay road tax to build roads. Then we pay toll tax to use highways. Welcome to the world of high taxes. [A thread...]

18% higher expressway toll to push up bus and cab fares on Mumbai-Pune route | Pune News - Times of India m.timesofindia.com/city/pune/18-e…

Shift from roads to rail picks up pace, thanks to dedicated freight corridor Shift from roads to rail picks up pace, thanks to dedicated freight corridor economictimes.indiatimes.com/industry/trans…

The growth of railways in movement of freight, in our Editorial in the issue releasing April 27. To get your copy, drop a message on 9958474000 / [email protected] Sdgoyal All India Transporters Welfare Association 🇮🇳

Apparently, if you throw a frog into a pot of boiling water it will jump out immediately, but if you put it in room-temperature water and gradually bring it to a boil, it will stay in the pot until it dies. Whether or not that's true of frogs, I see something similar happen to

For an idea meritocracy, it is especially important that its governance system is more powerful than any individual--and that it directs and constrains its leaders rather than the other way around. The Chinese leader Wang Qishan drew my attention to what happened in ancient Rome

DFCCIL unveils India’s first ‘Truck on Train’ service logisticsinsider.in/dfccil-unveils…

Toll plaza prices will increase from April 1, 2024. informalnewz.com/toll-plaza-pri…

₹2-lakh-cr dedicated freight corridors on track. thehindubusinessline.com/economy/logist…

Oil at $100? Will oil prices hit a century this summer as a global shortage takes hold? economictimes.indiatimes.com/industry/energ…

Iran-Israel possible war may push crude to above $100 per barrel. moneycontrol.com/news/business/…

NHAI hikes tolls across highways by 5% from Monday moneycontrol.com/news/economy/p…