⚠️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.
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Anonymous 6
Stealth • 2m
Looks like our grocery bills are getting their own "inflation surge" while the RBI debates rate cuts so now there will be no more guilt for ordering grocery from Blinkit.
⚠️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.
"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
Looking at the current inflation data, it seems that the RBI might consider a rate cut, and the expectation is the same as India's economic growth has slowed down
4 replies3 likes
Sairaj Kadam
Stealth • 6m
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
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4 replies13 likes
Akshat kumar Jain
Stealth • 2h
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
Bappa Dittya Saha
Stealth • 9m
Just Bought Zepto's premium for Rs1!😁
It's really great for people like me who order daily grocery from blinkit or instamart!😃
I was paying food delivery and grocery also! I don't need that!😑
And I guess most household cook food rather than orderi
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26 replies9 likes
Harsh Dwivedi
•
Medial • 7m
Top News Of the Day:
1. HSBC does not see any value in BYJU's stake due to ongoing legal cases and funding challenges, which once was worth $500 Mn
2. HSBC has revised its valuation estimate for several Indian startups, including B2B ecommerce plat
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4 replies28 likes
Havish Gupta
Stealth • 1m
Real truth of Zepto Cafe’s Seprate App!
So Zepto have recently announced Zepto Cafe, separate app for it's 10 Min Food business.
Now while it looks as if it's just a way to compete with Zomato and Swiggy. There is probably more to this story.
So Z
Top News of Today (15th Oct 2024):
1) IndiGo receives SEBI nod to launch venture capital fund.
2) Troo Good raises $9 Mn led by Puro Wellness.
3) AI-focussed startup Neuron7.ai snags $44 mn in Series B round
4) Blinkit Rolls Out ‘10 Minutes’ Return