Ronojoy Mazumdar
@RonoMaz
Financial journalist ex-@business. Done waiting for Economics to be reclaimed by the Humanities. Opinions are my own. DMs open, if that's still allowed here?
Was in a restaurant, having chai & escaping the rain. A lady dropped in for a takeaway. They told her it will take around 7 minutes. She requested her rickshaw driver to wait; he agreed. So she ordered a chai for him. He was so pleased. Small gestures go a long way.
"They are probably just smart to realize that they’re sandwiched. On one hand, access to capital is no longer their abiding advantage. On the other, real economic power is concentrating in fewer hands." @andymukherjee70 bloomberg.com/opinion/articl…
Mumbai: Built in that era when planners kept footpaths on a flyover. Unlike today when our planners are either inconsiderate towards pedestrians or have forgotten about them.
Can’t believe I’ve lived far enough into the future to learn the first slur for robots
when u call customer support and a clanker picks up
My biggest learning over the past 13 months: Monitoring expenses is not about punishment or restriction. It’s about direction. Directing your money to spending that really matters to you. (can’t redirect if you are not aware of the screw-ups)
You might even say the rally had gotten...stale. reuters.com/business/retai…
The timeline is practically Arteta-esque in its fetishization of "suffering" today
at any moment there are ~2 million people living in the sky, an entire major city riding the rainbow. you belong to an incredible civilization “Who are these that fly along like clouds, like doves to their windows?”
Whether or not this turns out to be true might be the most consequential question in global politics.
Over the next 10 years, Americans will, with the changes that our coming to our global economy and world order, feel the way Soviet citizens felt when the Berlin Wall fell.
"The Indian central bank's norms, which have been in the works since 2022, are expected to ask banks and financial institutions to make regular disclosures about climate-related risks in their loan portfolios along with mitigation strategies and targets" reuters.com/sustainability…
this is a good time to remember that ASHA workers, who have been the foundation of rural healthcare, have been fighting for basic pay (which is just 5k), standard work hours, and basic work benefits. they are overworked, treated like volunteers and disrespected.
there's a maaaassive skill gap barreling at us as a country- elder care support. by 2050, 1 in 5 Indians will be over 60. that’s nearly 320 million people, the largest elderly population in the world after china. our elder care sector is completely unprepared. here’s the thing:…
After years of discussion and debate, the RBI is close to finalising climate disclosure rules for Indian banks. It’s a mammoth task for Indian banks but an important one. Key will be impact on pricing of loans, basis emissions profile but that is some time away. Scoop by…
Two weekly expiries down since Jane Street bar, a key metric of options trading is down by third. Bharath Rajeswaran reports: reuters.com/world/india/in…
Very interesting @adam_tooze on the booming Israeli stock market open.substack.com/pub/adamtooze/…
Well put, I felt the same coming across this ad.
This is a rant that's been building over many years. It's about the jingoistic, hyper-aggro, unsportsmanlike ad campaigns for Indian cricket over the years, championed by Star Sports. Hang on, I'll explain. +