India is becoming a country where you can be broke, but still look rich 🔥
We now live in a country where someone earning ₹45,000/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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Arcane
Hey, I'm on Medial • 1d
Not only high value purchases, even utility payments are increasingly being made through EMI, just goes to show how bad the trend is
Almost 50%, of phone purchases above ₹30,000 are made through EMI
0 replies8 likes
Mridul Das
Introvert! • 2m
Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactio
UTILITY used to be the biggest attribute of any product or services for a customer and the biggest factor to consider while buying or availing any goods or services -
🎽Clothes - to cover body, give warmth
🌽Food - to satisfy your hunger
📱Mobile -
trend of luxury brands entering the world of sports:
* Luxury brands are increasingly partnering with athletes and sports teams to reach a broader audience and tap into the growing influence of athletes as cultural icons.
* This trend is being dr
🔵 The Global Decline of Cash: Opportunities for Fintech Startups
➡️ Recent data from WorldPay’s Global Payments Report 2024 reveals a significant shift in global payment trends, with cash transactions declining rapidly worldwide. This trend present
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1 replies3 likes
Arcane
Hey, I'm on Medial • 9m
ONE INTERESTING OBSERVATION SERIES
DAY #10
Heirs vs Self-Made Billionaires
For the first time ever, more wealth is being passed down through inheritance than created by new entrepreneurs!!! 🤯
The study is for the data from 2015 to 2023.
In that
The Economy vs. Our Well-Being: A Personal Take
A few months ago, a friend in finance told me, "A cyclist is a disaster for the economy." I laughed, but then he explained:
🚗 No car loans, no EMIs, no fuel purchases—bad for banks & oil companies.
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🌱Business Idea: Selling Cedar Products
With the growing trend of a healthy lifestyle, cedar-based products are becoming increasingly popular.📊
To develop the business, it's important to promote cedar products. Instagram is a great platform where
Finance Tips - 101
- Disable Tap 2 Pay on your new wireless cards unless you have a RFID protected wallet
- UPI payments are a trap especially if you link it to your Credit Card (Easy money/payments = over spending)
- Never use quick money dispersin
Product Hunt has been flooded with a surge of AI-powered products in recent months. This trend suggests a widespread adoption of AI technology, even for smaller offerings. However, the quality of some of these products seems questionable, with "AI" b