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Contrary to popular belief, the rupee is not fixed or “propped up” by the RBI at any arbitrary level. India follows a market-determined, managed-float regime. The exchange rate is discovered by demand and supply. The RBI steps in only to smooth excessive volatility, not to defend political vanity levels. This is precisely why India still has substantial foreign-exchange reserves—because it does not burn dollars trying to fight economic gravity.
Yes, a weaker rupee does make imports and foreign education more expensive in absolute rupee terms. That is the genuine middle-class pinch. But confusing nominal exchange rate value with national wealth is a basic economic error. Japan is the perfect example: the simplest purchases run into hundreds or thousands of yen, yet it remains one of the most advanced and productive economies on earth. The face value of a currency tells you nothing about real purchasing power, productivity, or institutional strength.
A falling rupee is not a headline problem. Uncontrolled volatility, structural deficits, and productivity collapse are. India currently faces none of those in a crisis sense. So the drama around every incremental depreciation is largely emotional, not economic.
I'm figuring out the application procedure to apply for one under Justice BV Nagarathna.
https://x.com/IndiaToday/status/1997217104009855273?t=2Yup27wVZWLamlrerh8NEA&s=19
We don't talk about litigation enough
https://timesofindia.indiatimes.com/city/delhi/watch-kangana-ranaut-mahua-moitra-and-supriya-sule-dance-together-at-wedding/articleshow/125813250.cms
- Shashi Tharoor becoming a Modi fanboy
- JMM in backchannel talks to join the BJP
- And now Mahua Moitra dancing with Kangana Ranaut at the wedding of BJP MP Naveen Jindal.
▮▮▮
It means money is the #1 thing that matters!
I know a T1 partner who is a big Modi bhakt and Adani cheerleader. Bro pretended to be a hardcore Marxist in college. He would maintain a rebel intellectual image to attract girls: long hair, kurta and jeans, JNU-style cloth bag containing books by Noam Chomsky etc. 😅…
It’s all for show, guys! Don’t take life so seriously!
Contrast that with the Ambanis, Mafatlals, Lodhas, Kapurs etc. Even in the tiny world of law firms you have the Shroffs suing each other and even a much smaller firm like Fox Mandal, which has now split into 3 firms. 😂
So what's the secret? Why no bitter fights? Any tea?
Are these all paid for? What is even the criteria
Everyone including students and Professors are making so many reels - some so hilarious.
Seems like they are getting paid for the posts.
Even if we take the last call hypothetical final placement figures for the predicted mean towards the end, the same stack up as follows:
SLSP - 50/250 (450 batch size); JGLS - 100/900 (1300 batch size).
The math is worse off at Jindal and slightly better for Symbi.
Two minutes silence for those gullible students who still think ideology trumps money, power and self-interest. 🙏
https://www.law.ox.ac.uk/people/anirudh-belle#main-content
https://www.linkedin.com/in/anirudhbelle/?originalSubdomain=uk
Also, there are ex-JGLS faculty who are teaching abroad now. I know of one person, though it is true his postgraduate degrees are also from abroad (that too, Yale).
https://www.qmul.ac.uk/law/people/academic-staff/items/bhat.html#main-content
NB: Don't know about JGLS alumni having academic appointments in India. Somebody else will have to answer if there are such people yet, or not.
And honestly the money you can make as a politician especially with the plum ministries, even a top senior's income would be a sham in that comparison and you need not go the Lok Sabha route only for that.