What are your thoughts on the Disposable income of Indian consumers? will it increase or decrease in the coming 5 years?
Harsh Patel
Plan according to th... • 4m
it will increase because the consumption rate has been fallen down due to which there's a impact on country growth rate coming down and we are heading towards 5 trillion economy. so there may be cut off in personal tax rates.
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
What is the repo rate?
It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
What's your view on this statement... Is india really moving towards $1 trillion digital economy by 2028 and if india is taking right steps towards it?
If not then what more do you suggest...
About Rates in the market...
To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos:
1)Repo Rate:-The rate at which RBI lends money to oth
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
Rohan Saha
Founder - Burn Inves... • 18d
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.
0 replies4 likes
Akshat kumar Jain
Front end developmen... • 4m
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
Sajin
•
Foundation • 1y
Two major decisions yesterday:
1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50%
2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"
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1 replies5 likes
Amandeep Singh
Co-Founder @ The Waf... • 2m
Gujaratis have consistently shown that innovation, resilience, and business foresight are in their DNA.
As India marches towards becoming a $5 trillion economy, such contributions from entrepreneurial communities will be pivotal in shaping the natio
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Karunakar
Start, Build, Scale • 3m
Revised Income Tax Slabs under the New Regime (FY 2025-26):
Annual Income (₹) Tax Rate
0 – 1,200,000 = 0%
1,200,001 – 1,500,000 = 5%
1,500,001 – 2,000,000 =10%
2,000,001 – 2,500,000 =15%
2,500,001 – 3,000,000 =20%
Above 3,000,000
Global Coal Consumption is at an All Time High ~ Statistical Review of World Energy, 2023.
There's an urgent need to shift towards sustainable sources of Energy; Solar, Hydro and Wind are temporary sources IMO.
Permanent solution would be Nuclear En
