What’s happening here why 28% GST on two wheelers and cements.Even drinking water has 18% 🤦♂️Now affording bikes and building homes will get expensive what Will middle class people do.Seriously I don’t know why is this happening
⚠️Big 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
Stealth • 10m
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
Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021.
This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending.
With housing loans comprising 30% and vehicle
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0 replies2 likes
Anuska Chatterjee
Stealth • 22d
In this era Indian money annual inflation rate is almost 6% . In this situation according to u what is the best way to invest your money or in which field? Ans sensitively.
Technicals do not work in this kind of high volatile markets.
Do you agree?
3 replies5 likes
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Signitycs • 10d
In india Upto 18% GST Is Applicable - Education sector.
Medical Industries - GST is Applicable.
Luxury cars - Low ROI
Tractors, - High ROI
This Rules are Correct What is your opinion. its just an Question..
Because we stopped questionings..??
Argentina is going through a massive Economic Turmoil:
Argentina’s economy update:
🔹Inflation: 300%
🔹GDP: will *shrink* 2.8% this year (huge recession)
🔹Poverty rate: 58%
🔹Massive privatization around the corner.
0 replies4 likes
Rohan Saha
Stealth • 2d
If we look at the last 30 days' return of the Nifty 50, we are closing this month at -2.5% just before the budget with only one day left. Let's see what happens, but overall, the market might give a negative return. Now everything depends on the budg