The Income Tax portal and AIS portal have been inaccessible for last 4 days due to very high load and servers not responding. II urge @FinMinIndia @nsitharaman to consider extension by at least one week.
Krish Iyer retweeted
The ‘law of unintended consequences’ seems to be operating stealthily in the prevailing tariff war unleashed by the U.S.
Two examples:
The EU may appear to have accepted the evolving global tariff regime, responding with its own strategic adjustments. Yet the friction has nudged Europe to rethink its security dependence, leading to higher defence spending in France and Germany. In the process, Germany has moderated its fiscal orthodoxy, which may well catalyse a resurgence in Europe’s major economies. The world could gain a new engine for growth.
In Canada, long hampered by notorious internal trade barriers between its provinces, steps are now being taken to dismantle them, bringing the country closer to a common market and enhancing economic resilience.
Both these ‘unintended consequences’ could become long-term positives for global growth.
Shouldn’t India too seize this moment to shape a virtuous consequence for itself? Just as the 1991 forex reserves crisis triggered liberalisation, can today’s global ‘Manthan’ over tariffs yield some ‘Amrit’ for us?
Two strong steps we can take today are:
1. Radically Improve Ease of Doing Business
—India must go beyond incremental reform and create a genuinely effective single-window clearance system for all investment proposals.
—While states control many investment regulations, we can begin with a coalition of willing states aligning with a national single-window platform.
—If we demonstrate speed, simplicity, and predictability, we can make India an irresistible destination for global capital in a world seeking trusted partners.
2. Unleash the Power of Tourism as a Forex Engine
—Tourism is one of the most underexploited sources of foreign exchange and employment.
—We need to dramatically accelerate visa processing, improve tourist facilitation, and build dedicated tourism corridors around existing hotspots, offering assured security, sanitation, and hygiene.
—These corridors can serve as models of excellence, encouraging other regions to emulate and raise national standards.
And a broader action agenda to build on these pillars:
Liquidity & Support for MSMEs; Infrastructure Investment acceleration; A Manufacturing Push, via enhancement and expansion of the scope of PLI schemes; Rationalise import duties so that duty on manufacturing inputs are lowered and assist in improving our competitiveness.
Let the unintended consequences we create be the most intentional and transformative ones of all.
We cannot fault others for putting their nations first. But we should be moved to make our own nation greater than ever.
Krish Iyer retweeted
One of the most reliable bottom catching indicators - DII net index futures positioning - hits an all time high. Likely that a multi month bottom in largecaps is in.
FY24 results are out and what a year it has been for Rational Equity Flagship Fund!
- Ranked #1 AIF in India by PMSBAZAAR for 1 year performance.
- Delivered 97.75% return during the year vs benchmark Nifty 500 TRI of 39.3%.
- Doubled NAV since inception on 28 March 2023.
“Tell bosses, not workers” - A very relevant article by Arvind Panagariya on 70-hours work week debate. timesofindia.indiatimes.com/…
Interesting take on market size and market research.
economictimes.indiatimes.com…
@"India’s progress in 5 remarkable charts "linkedin.com/pulse/indias-pr… on @LinkedIn
Krish Iyer retweeted
This clip which has been making the rounds is rightfully raising an alarm. How’re we preparing, as a society, to guard against potentially deceptive content which at best, can be mildly entertaining, but at worst, divide us all? Can there be tech-checks that act as a safeguard?
Will @airindiain take action against the apathetic crew too?
A Supreme Court bench with a majority of 4:1 decided that demonetisation was lawful. However, the media chooses to publicise the dissenting judge’s voice much more. 🤔
Krish Iyer retweeted
So my #Digiyatra experience so far: 9/10. Once a few UI issues and kinks are worked out, it will be a huge boon for travellers. Thread below. @MoCA_GoI @JM_Scindia
Will be trying Digiyatra for the first time tomorrow. Setting it up is fairly easy once you set up Digilocker. Loading boarding pass was a little more tricky, required 2 or 3 attempts. Look forward to seeing how it works in practice on the ground.
@_DigitalIndia #DigiYatra
Interesting story of Reliance empire in India restofworld.org/2022/welcome…
#BTCover | Invest India is impacting a billion lives. Know how Modi Govt is trying to turn India into one of the world’s preferred investment destinations by channelising the energy of a bright, young group of talented professionals.
Read #BTImmersive: bit.ly/3WTACxD
During my tenure at Walmart, I found @DeepakBagla_ and his team at @investindia to be most helpful, proactive, professional and knowledgeable. Thank you for what you do to attract private investment - domestic as well as foreign.
Tarikh Pe Tarikh: No 'tarikh pe tarikh'; SC rejects adjournment pleas | Finally, the first steps towards judicial reforms timesofindia.indiatimes.com/…














