Now, talking about SIA, with its 25% investment in Air India just suffered collateral damage, with profit plunging almost 60%. Sure, revenue has gone up for SIA, with record capacity around 88%, so how did that happen? It was all dragged down by the Air India investment, with more to come when that Air India flight 171 crash reaches settlement stage. Beyond the crew and passengers, there are dozens of students who also died inside the hostel that the plane crashed into. This is going to affect SIA's financial position in 2025, and if what happened with DBS India earlier, SIA may be left holding the losses or buying the whole bankrupt Air India stake. Just thinking, as I am sure SIA has the expertise to wriggle out by outthinking the low IQ Modi. Jayant Bhandari claimed that Modi has an IQ of just 75. His head-dress and skirt wearing makes him more intelligent, I suppose, LOL.
Anonymous
8 comments:
The way Modi crawling to Washington to grovel at Trump's feet and getting the wrong end of the stick is hilarious. Trump has no lost love for Africans and Indians. He is a white supremacist, nothing more.
Now Modi is being treated like a real dog, kicked around in shame.
Even if SIA is facing severe headwinds, they will still generate damage control by claiming this is just short-term losses and enticing investors to pile in more to take advantage of the Indian lucrative market in the long term.
Suddenly India has woken up. No more buying of F35s from USA. No more opening up of the Indian agricultural sector. The tariff agreement has been torn up by India due to the 25% upgrade. This whole tariff thingy is going to be a farce that the USA had never faced before.
I do not think the agreement with India has even been signed, just gloating by Trump.
The tariff is for Trump to brag he has raised so much money but actually taxing the poor Americans and making enemies all over the world. Oso making making American farmers and chip companies bankrupt.
Trump said let Russia and India bring down their dead economies, he didn't care.
Imagine more sanctions on Russia. India is going to continue to buy Russian oil now. Trump can look for a spider.
A day after announcing a 25% tariff on Indian imports, US President Donald Trump took to Truth Social to criticise India’s trade policies and its ties with Russia. In his post, Trump dismissed concerns over India’s relationship with Moscow, stating, “I don’t care what India does with Russia. They can take their dead economies down together, for all I care."
He claimed the US has done “very little business" with India due to its “very high" tariffs, calling them “among the highest in the World."
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