Good news, good news
Our current account (difference between imports and exports) is at a surplus
India recorded a current account surplus of 5.7$ in the quarter ending In March of 2024
Bad news
Our exports Of Gem and jwellery export last month
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PRATHAM
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Medial • 4m
Bad News: Gold reserves are decreasing in India for obvious reasons
As India imports it for jewellery making. Indians are obsessed with gold jewellerys
RBI has sent back 100 tonnes of its gold reserves from Britain to India.
During the crisis in 1991, we had to send gold out overnight.
0 replies4 likes
Aryan patil
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Monkey Ads • 7m
Indian women's love for gold is well-known. But did you know the USA holds the world's highest gold reserves at 8,133.46 tons, while India's reserves are 800.78 tonnes, which is 10 times less?
Ps. Ha Bhai pata hei अंग्रेज loot ke Lee gaye
4 replies6 likes
Havish Gupta
Stealth • 5m
This Video by Think School Covers why the dominance of Dollar is decreasing and Gold Prices are rising so much.
Genuinely a must watch video!
18 replies21 likes
Dhruv Soni
Stealth • 7m
Hi Guyss,
I am thinking of starting a jewellery business, where my USP would be convertible / detachable jewellery pieces, so that people can wear a single jewellery in two different ways.
These jewellery can be wear on daily basis. This is not a wed
India’s Gold Loan Market: A Glittering Opportunity
The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t
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3 replies8 likes
Suprodip Bhattacharya
Stealth • 4m
India is facing current account deficit means in easy way the imports are more than exports that is effecting in Indian economy.Here is the list of most imported things and approx percentage
Imports:
1. Petroleum: 25.88%
2. Electronics: 20.72%
3.
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0 replies4 likes
PRATHAM
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BeatStars • 6m
Delivering gold/silver coins in 10 Minutes ‼️
Now this going serious, this doesn't seems good to me for obvious reasons. Yk how people will misuse this.
Ex: people used to order original Nike shoes and used to give the fake one in return also yk t
There were two major announcements in the budget:
1. Removal of the indexation benefit for real estate.
2. Customs duty on gold was reduced from 15% to 6%.
Real estate and gold are the most popular investments for the vast majority of Indians.
T
Indians love gold and have so much emotional connection,
afterall Indian households own 11% of total gold in the world
But what you need to know is how malabar gold won just by understanding consumer emotions towards gold
Malabar Gold was launche
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1 replies13 likes
Uttkarsh Singh
Stealth • 9m
A common trend which I have observed in Shark Tank India and US is that entrepreneurs coming in the US Shark Tank are more comfortable with loans but in India entrepreneurs simply deny loans, what can we interpret from this about Indians?