"India has so much natural wealth, yet we still import basic resources. Where are we going wrong? 🤔
What’s your take on this?"
#ThinkLocal #IndiaSpeaks
Anonymous 1
Stealth • 2m
Policy paralysis hurts us. India’s natural wealth is vast, but red tape, inconsistent policies, and lack of innovation in extraction tech keep us dependent on imports
0 replies1 like
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What Happens When Forex Reserves Decline?
We should understand it, Because India is going through that.
Let’s break it down step by step.
Let’s Understand What Forex Reserve Is
Forex reserves are a country’s savings in foreign currencies, gol
> born in India
> grew up in a middle-class family
> did btech from srm chennai
> started his career at microsoft
> built windows azure
> filed multiple patents
> moved to facebook
> lead multiple $1 billion+ businesses
> created & scaled facebook a
𝗛𝗼𝘄 𝗱𝗶𝗱 𝗜𝘀𝗵𝗮 𝗔𝗺𝗯𝗮𝗻𝗶'𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗵𝗲𝗹𝗽 𝗦𝗛𝗘𝗜𝗡 𝗺𝗮𝗸𝗲 𝗮 𝗰𝗼𝗺𝗲𝗯𝗮𝗰𝗸 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮?
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Jayant Mundhra
•
Dexter Capital Advisors • 1m
’m a bit surprised by how everyone’s in a tizzy over Indian Rupee's slide against the Dollar, and how Govt and RBI are being bashed over it.
It makes it amply clear that much of people don’t understand how & why currency markets move 🙏🙏
And, the