Austin 3:!6 Posted March 23 Posted March 23 Starmer and Trump discuss need to open Hormuz strait as Israel warns 'weeks' of fighting to come UK Prime Minister Keir Starmer and US President Donald Trump agree that reopening the Strait of Hormuz is "essential to resume global shipping" during a call late on Sunday The call - which came on the day Trump shared a satirical clip about the PM - lasted 20 minutes and was "constructive", Downing Street says The prime minister will later lead a "Cobra" meeting with Chancellor Rachel Reeves, Bank of England Governor Andrew Bailey, and others, on the economic impact of the war On Saturday night, Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz - or, he said, the US would "obliterate" Iranian power plants, "starting with the biggest one first" Meanwhile, the Israel Defense Forces (IDF) says it expects to face "several more weeks of fighting" against Iran and Hezbollah The IDF also announced an approval to plans to expand attacks against Hezbollah in Lebanon, raising fears of a large-scale ground invasion BBC
jf1gp_1 Posted March 23 Posted March 23 2 hours ago, singhvivek141 said: Dont think India will be a loser. Yeah, LPG will pinch...but we will also see a shift to induction....we have ample reserves of coal for thermal generation and with the visit of Putin in December....Nuclear Energy expansion will ramp up. In Winners list, I will include Turkiye. It had a long time ambition to regain its top position in Sunni islamic world. Loss of Saudi’s will propel them upwards. Let's see how the whole Iran -Saudi conflict pan out. Saudis might force Pakistani to join in a worst case scenario.
cowboysfan Posted March 23 Posted March 23 This is definitely not aimless for Israel, they want to cutoff as much of Irans missile and nuclear capacity as possible,they know Iran will always look to destroy them. Laaloo 1
rkt.india Posted March 23 Posted March 23 56 minutes ago, cowboysfan said: This is definitely not aimless for Israel, they want to cutoff as much of Irans missile and nuclear capacity as possible,they know Iran will always look to destroy them. And in that process, Israel is getting destroyed too. Israel is a fraction of the size of Iran. So Nuclear is the only way Israel can destroy Iran.
Mariyam Posted March 23 Posted March 23 Trump says that he has been speaking to officials from Iran for the last two days. Iran denies that the talks ever took place. Shockingly its the Americans and not the Israelis or the Iranians who have said calf rope first. Prakat 1
Mariyam Posted March 23 Posted March 23 7 hours ago, Prakat said: @Mariyam To add to these lists... Losers Dubai Real Estate Market. They are refusing to do live video showings. Winners Russia (short term) that got its oil sanctions removed (While the Jackass is begging Putin to help stop the war that Putin has no interest in stopping when he's got oil to sell at these elevated rates.) China (long term) that will boost its EV sales across the world because of the vulnerability that everybody from office-goers and fleet operators have suddenly become alive to and are driving the growth bump in all segments. No wonder they almost completely stopped the export of silver from Jan 1, and started offering $10-$15 over comex spot in the Shanghai exchange for the last three months. There are, of course, greater intangible gains from the crumbling of the current empire. New Zealand - that is currently experiencing a glut of millionaires seeking safety. Know a fair few people (from Mumbai) who have decided to invest in the Dubai *now*. Buying during the dip and all that. There seems to still be investor confidence. Those who have registered their companies in Dubai to escape the draconian taxes here have also taken this opportunity to but more office/workshop space. IDK about NZ, but know of a few Indians who have moved their assets/money to Singapore. Honestly, I don't see rich Indians moving to NZ. Too far away. An appendix of the west, at best.
cowboysfan Posted March 23 Posted March 23 44 minutes ago, rkt.india said: And in that process, Israel is getting destroyed too. Israel is a fraction of the size of Iran. So Nuclear is the only way Israel can destroy Iran. Israel has no delusions,they know they can only delay Irans nuclear bomb as much as possible.
Prakat Posted March 23 Author Posted March 23 15 minutes ago, Mariyam said: Know a fair few people (from Mumbai) who have decided to invest in the Dubai *now*. Buying during the dip and all that. There seems to still be investor confidence. Those who have registered their companies in Dubai to escape the draconian taxes here have also taken this opportunity to but more office/workshop space. IDK about NZ, but know of a few Indians who have moved their assets/money to Singapore. Honestly, I don't see rich Indians moving to NZ. Too far away. An appendix of the west, at best. We've been considering picking up some units (that a friend will add to his airbnb inventory and manage for us) around JBR beach and Marina and then this happened. The market has fallen hard as the luxury segment was being buoyed by rich expats escaping british taxes and other jurisdictions with non-dom laws or similar friendly tax structures. The entire appeal apart from that was the much touted safety angle. So, right now mid-ticket buyers are upgrading into that vacuum at distress sale rates. A percentage of expats leaving Dubai and Doha as well as many US millionaires are going for the NZ golden visa. Rich Indians, as you say, are going for places with a shorter trip to India while satisfying the financial requirements. Mariyam 1
Mariyam Posted April 5 Posted April 5 Trumps' comments and his timeline for the end of this conflict right through last month. PolitiFact | How long will the Iran war last? See Trump’s timeline shift Prakat and randomGuy 1 1
Mariyam Posted April 5 Posted April 5 @Prakat @ravishingravi Many of the smaller builders in Mumbai have stopped their construction/redevelopment projects due to the war. Bitumen has become very expensive. The bigger builders may not feel the pinch but the grade B and C guys may soon have to stop with rent payments ( in case of redevelopment) if this war drags on for much longer. Know of a case on Turner road where the Developer has deferred demolition of an existing property to after monsoons instead of doing it in March. ravishingravi and IndianRenegade 1 1
Prakat Posted April 6 Author Posted April 6 14 hours ago, Mariyam said: @Prakat @ravishingravi Many of the smaller builders in Mumbai have stopped their construction/redevelopment projects due to the war. Bitumen has become very expensive. The bigger builders may not feel the pinch but the grade B and C guys may soon have to stop with rent payments ( in case of redevelopment) if this war drags on for much longer. Know of a case on Turner road where the Developer has deferred demolition of an existing property to after monsoons instead of doing it in March. True, this is a terrible time to be locked in the middle of a contractual obligation. Tile furnaces are also down because of the LPG crunch, so no new tiles coming out for a while. Not to mention, helium (MRI machines to semiconductor fabrication), phosphate (crop fertilizer). And the plight of all the roadside snack and fast food vendors who rely on high-flame burners to churn out sandwiches, pakodas, samosas, vadas, jalebis, chinese wok based dishes and all the deep-fried dishes made on large vessels that can't move to induction cooktops. Mariyam and BacktoCricaddict 1 1
IndianRenegade Posted April 6 Posted April 6 (edited) world on fire for what? This is the dumbest US presidency by a mile. USD 200 oil.. here we come. so many lives, economies are going to be lost because Netanyahu’ war mongering & POTUS who has been bought out. Edited April 6 by IndianRenegade Prakat and Mariyam 2
IndianRenegade Posted April 7 Posted April 7 Those who called him Nazi, hitler are going to be proven right.
Prakat Posted April 7 Author Posted April 7 And Tehran responds with a banger They've got this idiot's number. Mariyam 1
crictime Posted April 8 Posted April 8 On 3/23/2026 at 8:42 PM, Prakat said: We've been considering picking up some units (that a friend will add to his airbnb inventory and manage for us) around JBR beach and Marina and then this happened. The market has fallen hard as the luxury segment was being buoyed by rich expats escaping british taxes and other jurisdictions with non-dom laws or similar friendly tax structures. The entire appeal apart from that was the much touted safety angle. So, right now mid-ticket buyers are upgrading into that vacuum at distress sale rates. A percentage of expats leaving Dubai and Doha as well as many US millionaires are going for the NZ golden visa. Rich Indians, as you say, are going for places with a shorter trip to India while satisfying the financial requirements. Would like to know if the prices of real estate in Goa appreciate more per square feet as compared to that in Bombay. Do you keep an eye on real estate prices in Bombay. Prices in real estate have not seen a massive rally imo as it once did two decades back. Obviously those kind of steep rises won't happen every 10 - 20 years, but how far do you see the next massive surge happening in a broad based real estate market. Is it worth adding more floor space when the property market is range bound?
Prakat Posted April 8 Author Posted April 8 1 hour ago, crictime said: Would like to know if the prices of real estate in Goa appreciate more per square feet as compared to that in Bombay. Do you keep an eye on real estate prices in Bombay. Prices in real estate have not seen a massive rally imo as it once did two decades back. Obviously those kind of steep rises won't happen every 10 - 20 years, but how far do you see the next massive surge happening in a broad based real estate market. Is it worth adding more floor space when the property market is range bound? Goa market has for long been ruined by speculators from Bangalore and Delhi. I'd stay away unless there is at least a bit of an emotional angle to the buy in. One of my wife's friend's dream is to buy a long stretch of beach with a villa, build a runway and wait for her pilot. Bombay is where we track movements on an annual basis. I've made, inherited and married into a bunch of sweet positions in the Bandra-Andheri stretch. If something interesting shows up we consider it. But, it's not really of any high interest due to our existing book. At this point, real estate is more of a custodial duty and a responsibility than an investment. crictime 1
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