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another invisible downside of inflation that common people fail to realise.If they can't reduce the quantity, they will reduce the quality for the same price. this suddenly reminds me of a random Tamil movie i watched, Aruvam (warning: watch it only for the social message on food adulteration)
Hey I am on Medial • 7m
⚠️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.
See MoreFounder And CEO Of F... • 8m
"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
See MoreConnecting the dots.... • 1y
Hello guys, I'm having an idea to create a online place for the wholesellers to sell clothings both in retail and wholesale and the price of the clothes would be affordable as it it directly from the factory outlets in Tirupur city (knitwear capita
See MoreHey I am on Medial • 3m
As inspired by Indian inflation rate since previous 10 years or more, the education price for students become expensive. For middle class and lower class, it is not affordable any more. Suggestions are welcome for improving education system using AI
See MoreHonorary Mentions - ... • 1y
Bad News: Rupee falls to record low 83.60/$ Here are negative impacts of falling Rupee: 1) Increased Costs for Imports: Many Indian businesses rely on imported goods and raw materials. A weaker rupee means they will have to pay more for these impor
See MoreKeen Learner and Exp... • 11m
There exists a market whose value is estimated to range between 20% to 30% of India's GDP. Yes, I am talking about the Black market (it refers to illegal trade and transactions that occur mainly to Avoid taxes or to trade illegal goods.) But do you
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