WEALTH YATRA TWITTER
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Enough has been spoken about reforms required to sustain a high GDP over the next 2 decades to increase per capita income, get out of poverty & to race ahead to become the 3rd largest economy in size. Will the govt act?
A myopic view of the markets is to look at the geopolitical scenario & make knee jerk reactions. A holisitc view would look at data & underlying trends for the econony & businesses in the future. Power (generation, transmission & distribution) will remain a decadal theme.
Data of 140 crore Indians need to have a robust protection framework. Worth a read especially in the context of OpenAI's assertion that removing data from Indian portals for its training data cannot be removed
https://economictimes.indiatimes.com/tech/technology/openai-tells-india-court-chatgpt-data-removal-will-breach-us-legal-obligations/articleshow/117465080.cms?from=mdr
Expect oil prices/supply to India to be highly volatile. Yday's large scale bombing of Russian aircrafts by Ukranian drones will have huge retaliatory actions from Russia poentially inviting sanctions.While our economic heft will allow diversification, prices may be on the boil
