India is becoming a country where you can be broke, but still look rich ๐ฅ
We now live in a country where someone earning โน45,000/month
Drives a 17 lakh SUV
Buys a 1 lakh iPhone
Hosts a 15 lakh wedding
All without actually having the money all as
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Greg
๐คย โขย 1d
It's wild how many people are living that "fake it til you make it" life with loans and credit.But yeah, all this borrowing to look rich instead of actually being rich feels kinda risky for everyone in the long run.
The Great Depression (1929-1939)
The Great Depression (1929-1939) was a severe global economic crisis starting with the U.S. stock market crash on October 29, 1929, known as Black Tuesday. Over-speculation (risky investments) and excessive borrowing
I recently posted about debt financing and got some interesting responses. I want to dig a bit deeper into this topic. For those new to startups or even those with some experience, how do you feel about using debt financing?
Robert Kiyosaki, from "R
The Influence of Social Media on Financial Decisions ๐ฑ๐ฐ
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> For me, yeah... I can sayโฆ..
> that one bold guy and his brother on the internet had some influence on my financial thinking at the start. But they w
We reached out to many P2P platforms from January to July this year regarding their incorrect business models where they were not following P2P lending rules. They kept telling us that they were not doing anything wrong and were operating according t
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1 replies4 likes
Sairaj Kadam
Entrepreneurย โขย 5m
Hey guys! Just had a realization about how credit really works, and I think it's something every aspiring entrepreneur should know!
So, Iโm about to dive into my CA studies, and while doing some pre-study research, I came across some pretty crazy in
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3 replies3 likes
Vishu Bheda
ย โขย
Medialย โขย 17d
๐๐๐ฒ๐ฟ๐๐ผ๐ป๐ฒโ๐ ๐ต๐๐ฝ๐ฒ๐ฑ ๐ฎ๐ฏ๐ผ๐๐ โ๐ ๐ฎ๐ธ๐ฒ ๐๐ป ๐๐ป๐ฑ๐ถ๐ฎ.โ
But the smartest founders?
Theyโre not building factories.
Theyโre building what factories ๐ง๐๐๐ ๐ญ๐จ ๐ฌ๐ฎ๐ซ๐ฏ๐ข๐ฏ๐.
โ Software
โ Finance tools
โ HR systems
โ Supply chain t
#Deepdive: Hyundai Indiaโs 2/3rds of cash in the bank has been milked up by Korean parent in the last 2yrs ๐๐
In fact, in the last 2yrs, Hyundai Indiaโs dividends to its Korean parent were more than all the profit after tax it earned in the last 5
๐ DAILY BOOK SUMMARIES ๐
๐ 12 Lessons from ๐
๐ฅ Essentials Of Economics ๐ฅ
โจ By N - Gregory Mankiw โจ
1. Ten Principles of Economics
Mankiw starts by introducing the ten basic principles that form the foundation of economic thinking
โข Peo
๐ข๐น๐ฎ ๐๐น๐ฒ๐ฐ๐๐ฟ๐ถ๐ฐ ๐๐. ๐๐๐ต๐ฒ๐ฟ โ ๐ง๐ต๐ฒ ๐๐ฉ ๐ง๐๐ผ-๐ช๐ต๐ฒ๐ฒ๐น๐ฒ๐ฟ ๐ช๐ฎ๐ฟ
๐๐ง๐๐ข๐โ๐ฌ ๐๐ ๐๐จ๐จ๐ฆ: ๐๐ก๐ ๐๐๐๐ ๐๐จ๐ซ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐
By the 2020s, India was ready for an electric revolution.
โข Rising fuel prices made EVs a