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.
Which field is best, if someone choose to build skills in 2024 and get a job in 2026 in IT sector?
(Please answer according to India's current IT sector situation)
5 replies11 likes
Kolkata Index
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West Bengal Tourism • 5m
𝗜𝗡𝗙𝗟𝗔𝗧𝗜𝗢𝗡 𝗨𝗣𝗗𝗔𝗧𝗘:
West Bengal stands 5th in inflation rate among the top 10 state economies of India in November 2024. The Eastern powerhouse had an inflation rate of 5.02%.
Source: [CPI, MoSPI]
0 replies1 like
financialnews
Founder And CEO Of F... • 7m
"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
Rohan Saha
Founder - Burn Inves... • 2m
WPI DATA
Feb WPI inflation rate at 2.38% vs 2.31% in Jan
Feb WPI food inflation at 5.94% vs 7.47% in Jan
Feb WPI primary articles inflation at 2.81% vs 4.69% in Jan
Feb WPI fuel and power inflation at -0.71% vs -2.78% in Jan
Feb WPI manufactured
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6 replies15 likes
Himesh Jain
Chasing for infinity • 1y
Hi what are your thoughts on Compound interest
Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years
My invested amount = 48 lacs
Money I will get = 3.51 cr
But will it really be worthy with an a
India's corporate profits grow 4X, but
salaries remain stagnant:
According to a report by FICCI and Quess Corp prepared for the government, India's corporate sector saw minimal income growth over the past four years, despite profits increasing fourfo
⚠️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.
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
RootDotAi
From the ROOT to the... • 1y
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
India's inflation rate has now come down to 3.16% year-on-year, which is roughly in line with expectations. Now, the key question is whether the RBI will opt for a rate cut in its next meeting or not.