Whatās happening here why 28% GST on two wheelers and cements.Even drinking water has 18% š¤¦āāļøNow affording bikes and building homes will get expensive what Will middle class people do.Seriously I donāt know why is this happening
ā ļøBig Warning
India's retail inflation surged to all time high, breaching the RBI's tolerance limit of 6%. This sharp increase, primarily driven by soaring food prices, has dampened hopes for an early rate cut by the RBI. X
Food inflation reached 9.
About Rates in the market...
To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos:
1)Repo Rate:-The rate at which RBI lends money to oth
"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices"
"RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth
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2 replies7 likes
RootDotAi
StealthĀ ā¢Ā 8m
Here's a Summary of the FED decision on March 20, 2024:
1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting.
2. The Fed maintains its anticipation of three interest rate reductions in 2024.
3. The proje
Technicals do not work in this kind of high volatile markets.
Do you agree?
3 replies5 likes
Shubham Khandelwal
StealthĀ ā¢Ā 5m
Argentina is going through a massive Economic Turmoil:
Argentinaās economy update:
š¹Inflation: 300%
š¹GDP: will *shrink* 2.8% this year (huge recession)
š¹Poverty rate: 58%
š¹Massive privatization around the corner.
0 replies4 likes
Sairaj Kadam
StealthĀ ā¢Ā 4m
This Thing Will Actually Blow Your Mind. Click on This.
"Inflation is taxation without legislation."
- Milton Friedman
Inflation: A Major Concern in India
Inflation remains a pressing issue in India, with the state of Odisha facing the highest r
Guys I really need guidance of everyone here.
I want to understand how businesses operates at high level how are calculations done when are the calculations done at end of every month.? Week or what !?
Any kind of resources are fine video books anyth
ITC Q2 results
Overall Performance
Revenue: ā¹20,360 Cr
Profit: ā¹6,314 Cr
Margin: 31%
Cigarettes Segment Numbers
Revenue: ā¹8,177 Cr
Profit: ā¹5,023 Cr
Margin: 61% š¤Æ
Cigarettes constitute 40% of the revenue and 80% of the profits.
High dopamine bu
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1 replies4 likes
LIKHITH
StealthĀ ā¢Ā 4m
"Inflation in India over the last 2 decades"
To easily understand this, consider the example of milk.
Litres of milk you could have gotten for 100rs over the years
2005 = 6 litres
2010 = 4.2 litres
2015 = 2.6 litres
2020 = 2 litres
2024 = 1.8