Sunday, April 26, 2026

Quick notes: Cash cow | Laser defense...

  • For Korean companies, India is a lucrative cash cow: LG India reported revenue of Rs 24,366 crore and a net profit of Rs 2,203 crore last year. Royalty payments to its Korean parent reached Rs 454.61 crore. But the real headline came with its 2025 IPO: In one stroke, LG India’s market capitalisation surpassed that of its global headquarters’. And it was purely due to generous policy environment.

    Hyundai Motor India and its sibling Kia tell a similar tale of extraction masked as investment. Royalty payments stand at 3.5% of sales revenue, translating into thousands of crores annually repatriated to Seoul. Such an anomaly has left Tata Motors and Mahindra to fight an uphill battle against what many term subsidized Korean pricing power.

    Samsung India completes the triumvirate of value extractors. Its revenue for the first time crossed Rs 1.11 lakh crore during 2025, making it the only consumer-electronics firm in India to cross the trillion-rupee mark. During 2024, royalty remittances to the Korean parent hit Rs 3,322 crore, roughly 40% of that year’s net profit. Retained earnings have ballooned and been diverted to Vietnam.

    Profits earned from Indian consumers through high royalties, IPO cash-outs and dividend flows are effectively subsidizing Vietnamese factories that then export finished goods back into India. Why? Should Korean conglomerates plough cash extracted from India into manufacturing facilities in a smaller neighbor that then undercuts Indian industry? The optics is toxic: India as a lucrative cash cow, Vietnam as the preferred factory floor.

    Decades of liberalization were sold on the promise that FDI would catalyze domestic industry, transfer technology and create balanced growth. Instead, the policy has tilted towards foreign giants who repatriate profits, royalties, special dividends and IPO proceeds liberally.

    On the other hand, Indian firms struggle with higher compliance costs, delayed approvals, and a royalty burden that starves local innovation.

  • Korean loot: The proof is in the math: In just the last 12 months, Hyundai and LG repatriated $4.7 billion in royalties and profits. That is nearly ₹40,000 crore leaving our economy.


  • Funding the Adversary: India cannot counter an expansionist rival, which lays claim to vast Indian territories including an entire state, while simultaneously bankrolling its rise.


  • Yay! You signed a trade-deal, now we will screw you: Indian exports face rising cost pressure as EU plans carbon tax expansion


  • Galgotias School of Innovation: AI making work cheaper and this is a BIG Problem for Indian IT Services



  • Pakistan Is Getting a Stealth Fighter in 2026: China is ramping up the timeline to deliver J-35A to Pak


  • Trump kissing Xi Jinping's ass: A quiet U.S. favor for Xi Jinping.. A U.S. quota increase at the IMF would rescue China’s bad loans. President Trump is scheduled to visit Beijing in May for a summit with Chinese President Xi Jinping, and he will come bearing at least one surprising gift: A budget request to Congress to hand more money to Mr. Xi’s friends at the IMF.


  • Chinese satellites over Mideast battlefield put US on edge: Chinese AI company MizarVision claimed on social media to have tracked the movements of American aircraft carriers, F-22 stealth fighters and B-52 bombers by using AI to analyze satellite data.


  • Why this Chinese EV terrifies Europe’s carmakers: Luxury car makers staring at Chinese onslaught.


  • China's Geely just built one of the most efficient engines ever: Geely now holds a Guinness World Record for thermal efficiency, with its new i-HEV Hybrid system rated at 48.4%


  • India’s “Star Wars” LASER DEFENCE: DRDO's $3 solution to a $30,000 drone problem. 100 kW Dura-2 can melt drones in seconds.



  • Microwave weapon: 20-gigawatt Chinese microwave weapon touted as ‘Starlink’s worst nightmare’ by country's media — portable 5-ton device can deliver full-minute destructive bursts


  • Lesson for India, the GREAT consumer of imported tech: Iran claims US exploited networking equipment backdoors during strikes — says devices from Cisco and others failed despite blackout in attack that 'indicates deep sabotage'


  • Privacy risk: Google Chrome lacks protection against one of the most basic and common ways to track users online


  • Raag: Kamod By Manjiri Alegaonkar


Saturday, April 11, 2026

Quick notes: Ditching Windows | Dr Kurt Tank...


Saturday, April 4, 2026

Quick notes: Solar is winning | F-35 vulnerability...

  • Landmark ruling on Converted Christians SC status: It all began with land grab for Church.

    Akkala Rami Reddy found that a parcel of his family land, which had been temporarily given to a distant relative for use as a cattle shed, had allegedly been converted into a Christian prayer hall. The relative had converted to Christianity and changed the site into a place of worship.


  • Solar is winning the energy race: The world's cheapest power source is scaling at warp speed, pushing coal, gas and nuclear aside. In 2015, Pakistan and South Africa each produced less than 1% of their electricity from solar. Ten years later, that has risen to 20% and 10% respectively.


  • India the big loser in the US-Iran War: At the core the issue is of India being strung out between strategic subservience to the US — that has led to its Gulf policy ending in a cul de sac, and economic dependence on China, with both Washington and Beijing now hanging Modi-Jaishankar and India out to dry.

    "Washington will strive to keep India down, preferably under its thumb, economically and in the technology sphere, prop up Pakistan as its main agent in the region, but will expect Delhi to help the US counterpoise China in the Indo-Pacific! The Indian govt is sufficiently spooked by the China threat to want to rely on the US strategically and to do so on American terms. And sure India should arm itself with American weapons, and reproduce any US military goods it wants but under license, thus lighting fire to the atmnirbharta pyre".



  • Chinese engineer shared trick to shoot F-35 fighters just days before Iran’s strike: F-35 vulnerable to low-cost systems. . Since the Operation Epic Fury started, more Chinese civilians with science, technology, engineering, and math backgrounds have been sharing military analysis online to help Iran counter U.S. airpower. These posts include technical explanations of weapons and tactical advice, and are shared without pay or official support. . . . Dutch Secretary of Defense threatens to 'jailbreak' nation's F-35 jet fighters.


  • White man's angry God: Hegseth injects combative Christianity into America’s military. . . Hegseth prays for violence 'against those who deserve no mercy'


  • Showing some spine: Malaysia exits US reciprocal trade deal. Becomes the first country to abandon a pact negotiated under Washington’s reciprocal tariff strategy after a court ruling removed the legal basis for the policy.


  • China produces >90% of its ammonia from coal gassofication: China insulated itself against energy shocks with coal gas. India didn’t move from words to action.


  • No LPG? No Problem: These Bengaluru Restaurants Run on Gas from Kitchen Waste.


  • Black pepper and healthy oils: The ingredients that super-charge the nutrients you get from food


  • Protein myths: “There is no evidence that habitual exercise increases protein requirements; indeed protein metabolism may become more efficient as a result of training.” ..just because it’s post workout, doesn’t mean you need oodles of whey


  • Bike Bus: "One of the benefits of the bike bus is that when you're cycling as a group you feel a bit safer.

    "There's been a lovely buzz watching the bike bus arrive each week and the children who participated have been really happy, enthusiastic, really energised by their bike ride here to school".

    "I think it's great for kids mental health as well as their physical health plus I think it's great for parents too.

    "I think for the community more broadly too because there's less cars on the road, less congestion, it's better air quality, so there's a lot of benefits."

  • Why Pakistani Women Are OBSESSED With HINDU CULTURE?:


  • 'The myth about SIPs': At the end of the day, in order for me to win, someone else must lose. Now, in order to create that population of losers, you need the millions of retail investors, the millions of SIP participants, for their capital to flow somewhere.


  • End of Bitcoin? Google research suggests encryption technique used by Bitcoin will be cracked by quantum computers around 2029 — search giant says quantum attacks need to be prepared for now


  • Google unveils TurboQuant, a new AI memory compression algorithm — and yes, the internet is calling it 'Pied Piper'. . . A simple explanation of the key idea behind TurboQuant