🛢️⚡ Brent Crude #Oil drops from $119/barrel to $109/barrel

🇸🇰⚡🇪🇺 “Our companies are going bankrupt, and the EU only cares about Ukraine and sending MONEY, while IGNORING energy and competitiveness in its own member states” – Slovak PM Fico

#InternationalNews

16 big beautiful planes have been destroyed. #InternationalNews

🇮🇳🤝🇺🇸 After Piyush Goyal, MEA Jaishankar also met Anduril CEO today. #Defence #Drones

War-hit sea routes are shifting India’s wheat #exports to land: Bihar/UP pivot to Nepal & Bangladesh as freight costs spike. With output at 120 mt and 5–10% export premium, geography—not just production—is driving farm realisations. #agriculture

Global Pvt firm KKR to invest $310M in PMI Electro, taking majority in Allfleet. Platform targets 5,000 e-buses (3,000 deployed). Deal structure backs fleet ownership + ops alongside manufacturing—signalling where #EV value pools are concentrating.

🇸🇾⚡ Israeli Media claims Rockets Fired from Syria towards Israel

🇮🇳🤝🇯🇵 AM/NS begins ₹70,000 cr Andhra steel plant (8.2 mt phase-1) near Vizag port, with land secured in ~2.5 months. Scale + speed signal execution tailwinds; coastal siting tightens logistics and anchors capacity shift toward east/south demand corridors. #MakeInIndia

Net direct taxes at ₹22.8L cr (+7.2% YoY) vs ₹24.84L cr RE; gap ₹2.04L cr as of Mar 17. Corporate advance tax +9.5% to ₹8.29L cr drives growth, while non-corporate lags (-1.8%). Mix shift toward corporate profits is evident; final tally hinges on March filings. #Economy

🇪🇪⚡🇷🇺 Estonia says Russian AF Su-30 Aircraft violated it's Airspace.

NATO Scramble Jets in response

#InternationalNews

🇮🇱⚔️ 🇮🇷 Israeli PM Netanyahu:

"A revolution cannot be initiated from the air, but there must be an element on the ground. There are many options regarding this, which I will not disclose."

#InternationalNews

~1 mt imports and 5.5 mt stocks cover urea demand till May; LNG supply cuts (~40%) are hitting domestic output, prompting spot gas buys. Fresh import tenders likely for June as kharif demand peaks, keeping supply tightly linked to gas availability. #Agriculture

India to invite bids for ₹7,280 cr rare earth magnet scheme to build 6,000 MTPA domestic capacity. With near-total import dependence today, the push targets supply-chain control in EVs, defence and electronics via localised, end-to-end manufacturing. #Mining #aatmarnirbharbharat

https://t.co/QpoLcP9WOR

Russia issued 72,000 work permits to Indians in 2024 (≈⅓ of foreign hires) as war-driven labour shortages lift wages ($3/hr vs ~$1.5 in Gulf). India’s migrant flows are diversifying beyond GCC, driven by pay arbitrage despite elevated geopolitical risk. #Jobs #ForeignAffairs

AIESL plans ₹200–300 cr MRO expansion at Jewar/Navi Mumbai as India’s $1.7B market heads to $4B by 2031. With ~90% maintenance outsourced, domestic capacity build-out targets cost leakage and turnaround times amid rising aircraft orders. #Aviation

GST cuts lifted entry-car demand: Maruti’s first-time buyer share rose to 48% (from ~41–42% pre-cut), Hyundai to 41.8%. Sub-4m cars at 18% GST saw 24% sales growth, with 51% of new buyers upgrading from two-wheelers—affordability is driving market expansion. #automobile #Economy

"Massive investment in AI contributed basically zero to US economic growth last year," per Goldman Sachs

Dangerous statement if you dive deep. Here is what happened:

Companies spent $450 billion on AI last year.. fired tens of thousands of people to "restructure around AI".. replaced entire departments with chatbots..

And Goldman Sachs just said it contributed basically zero to economic growth..

so where did the money go?

> It went to Nvidia.. $130 billion in GPU sales.. Jensen is the only man on earth who got rich from AI that hasn't produced anything yet..

> It went to stock buybacks. companies fired people, cut costs, reported "record profits" and bought back their own shares.. the money went UP not OUT.

> It went to a bubble.. the same way crypto money went to Lamborghinis and not infrastructure.. AI money is going to valuations and not productivity..

here's the part that should terrify you..

They already fired the people.. Atlassian 1,600.. Meta 21,000.. Block 40%.. Amazon warehouses..the jobs are already gone..

But the growth didn't come. The productivity didn't come. The revenue didn't come.
They burned the village to build a city that doesn't exist yet.

And Goldman Sachs just looked at the empty lot and said "there's nothing here"

#Opinion

JUST IN: Meta announces they'll be shutting down the Metaverse, after pouring $80,000,000,000.00 into the project.

It's absolute FREAK SHOW going on !!!

#tech #economy

Netanyahu: "Jesus Christ has no advantage over Genghis Khan. Because if you are strong enough, ruthless enough, powerful enough, evil will overcome good."

#geopolitics #war

Many people will find the Netanyahu's remarks above shocking but those who know they know.

This is the source. 416 BC. History of the Peloponnesian War, where Athenian invaders argue that power, not justice, dictates international relations. It's known as Melian dialogue.

Athenian envoys gave an ultimatum to the neutral, smaller island of Melos to surrender and pay tribute, or be destroyed.

It signifies that in political reality, moral considerations do not limit powerful nations, while weaker nations are forced to endure the consequences. This is what drives international geopolitics, called "Realism"

#geopolitics

🇰🇼⚡ Drone attacks have struck the Mina Al-Ahmadi refinery in Kuwait.

Part of the Refinery Units have been shut down