Gentleman of leisure, house husband, travel junkie, financial analyst
Bangalore
Joined June 2009
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When the census numbers come out, we will know what an epic level of disenfranchisement has happened in Bangalore. The adult population is expected to be roughly about 1 crore and only 60 lakh will be voters.
Back in the day, kids went outside India to study for their Masters. Then it moved down to undergrad programmes. Now it’s moved down further to 9th standard! This is an ad in today’s ET
The sheer arrogance. In 2014, there was no LTCG on equity, recipients were not taxed on dividend, debt funds held for >1year were treated as long term and taxed at 10% and surcharge was 10% only for incomes over 1 crore. Every single one of these has been increased substantially
Paid TCS on LRS in May 2025..Got the refund on October 1st 2026.. Government got interest free money for 11 months and paid 3% interest for 6 months...If TCS paid is more than income tax due, citizens should at least be paid interest from the date of TCS
We are watching the unintended consequences of three policy decisions in real time -1)terrible taxation policies for non equity financial assets 2) warped TCS on LRS remittances and 3) capping the overseas investment by Indian mutual funds at $7bn (a cap set in 2007)
#FundFlow | FIIs Net Sell ₹10,148.41 Cr While DIIs Net Buy ₹11,271.73 Cr In Equities Today (Provisional)
The Tata saga is a true Indian innovation - a hostile take over without spending a single Rupee..
A number from today's Business Line that tells you who the Tata freeze is actually hurting. Because the AGM collapsed in August, Tata Sons cannot adopt its accounts or pay its FY26 dividend. ₹4,474 crore, sitting still.
thehindubusinessline.com/com…
For the last few months, we saw the positive benefits of the Altiva hybrid long short SIF over arbitrage funds. Now in September we get to see the downside: -0.68% return vs +0.4-0.5% for arbitrage funds. I'm still sold on it though.
Forget Nigerian princes; now Scott Bessent is writing to me saying Donald Trump is going to pay me 3.8 trillion dollars!!
So the US is celebrating a $15bn investment by who now? I wouldn't hold my breath on that one..
Haha
Some NPR podcasts started getting mysterious comments on Spotify. They made no sense to the staff reading them – until someone from a younger generation cracked the code.
Hear the story: link.podtrac.com/phns92ui
Investigative journalism is still alive in India
The Election Commission of India is under fire like never before.
The SIR has struck 13 crore names off draft rolls, putting the EC at the centre of intense public debate over its role in deciding who gets to vote — and who doesn’t.
HOWEVER, what nobody knew: through that same period, some of the sharpest questions were being asked from inside.
Out today, after months of work. Our #ExpressInvestigation 🧵
(1/10)
TIL that the total number of PMS accounts in India(not unique investors) is a measly 2,20,000. When asked to guess, I was off by an incredibly wide margin.
An official denial is almost always proof that the rumour was true
Speculation and claims that the MDR will be charged on UPI transactions are completely false, baseless, and misleading.
Such baseless and sensation-creating speculations cause needless uncertainty, fear and suspicion among our citizens.
The Government remains fully committed to promoting digital payments via UPI.
I'm part of the lucky set who didnt get removed from the electoral roll/get a notice for SIR hearing. Only because they accepted the 2025 SIR electoral roll of my mother from another state as proof. I would have given up if I had to go through this hell.
#Bengaluru: What Happens Inside An #SIR Hearing? We Found Out & It's Not Fun
What should you do if you’re served with a notice to attend an SIR hearing? DH has the answers.