Skip to main content

Posts

Showing posts with the label investing

Navigating the Rising Tide: Understanding Inflation and the Cost of Living in India's Urban Hubs

 In the bustling markets of India, the price of a simple loaf of white bread, once a mere 15-20 Rs, has doubled to 30-50 Rs in just a few years. This seemingly trivial change is a stark reminder of the escalating cost of living in India's urban centers.  If you find yourself grappling with rising expenses, here are some crucial insights to help you understand and navigate this economic landscape. 1. The Urban Price Surge: Major cities in India are becoming increasingly expensive. With limited land and an influx of capital into the country, land prices are soaring. For instance, construction costs in Goa have risen by approximately 25-30% recently. This increase directly impacts the prices of virtually everything. In the realm of traditional economics, the means of production are defined as Land, Labour, and Capital. When the cost of land escalates, it triggers a domino effect, causing a rise in rent, business costs, and more. While the prices of flats in big cities may not sky...

Why my parent stay away from stock markets

The previous generation, our parents, often shied away from investing in the stock markets. Their apprehension was not unfounded, given the financial scandals and economic crises that have rocked the investment world over the years. Here's a closer look at some of these events and their implications: 1. The 1992 Harshad Mehta Scandal: In 1992, (I was in class 12)  the Indian stock market was hit by a colossal scam orchestrated by Harshad Mehta, amounting to 4000 Crore. This scandal caused the stock market to plummet by more than 50%, shaking investor confidence to its core. Example: Imagine an investor who had put their life savings into the stock market before the crash. The value of their investment would have halved almost overnight, causing significant financial distress. In response to this scandal, the Indian government passed the Securities Laws (Amendments) Act in 1995, granting the Securities and Exchange Board of India (SEBI) the authority to regulate depositories, Foreig...

Popular posts from this blog

Complex Co-Existence of Pakistan and India

 Intricacies of the Relationship Explored Pakistan and India share a rich yet intricate history that has spanned decades. These two nations have been entwined in a rivalry characterized by animosity and tension. The origins of this animosity lie deep within the historical narratives of both countries.  In the modern era, the propagation of misinformation and propaganda, primarily through social media and other digital avenues, has fueled and intensified this antagonistic sentiment. Propaganda's Disturbing Consequences:  Impact on Youth and Society The most disconcerting aspect of this propaganda is its influence on the younger generation. Pakistani children, from a tender age, are exposed to content that portrays India and its people in a negative light. These messages are carefully crafted to demonize  India and those who follow religions different from Islam. This deliberate manipulation plants seeds of enmity and hostility within impressionable minds, fostering a ...

Inequities in India's Taxation: Unfolding the GST Council's Ironies .

 Introduction: The GST Council in India convenes periodically to discuss and refine tax structures. Each meeting brings forth a mix of positive and negative developments, often revealing new ironies and fallacies within the economy.  This article sheds light on certain inconsistencies, focusing on the taxation of non-branded atta or wheat, the exemption of cricket games like IPL from GST, and the associated revenue generation. Taxing Essentials, Exempting Entertainment: One of the glaring ironies in the Indian tax system is the imposition of GST on non-branded atta or wheat, an essential commodity consumed by the poor. Despite the burden on those struggling to make ends meet, cricket, a form of entertainment, remains exempt from GST. The Board of Control for Cricket in India (BCCI), the governing body of cricket in India, enjoys tax-free status despite being the wealthiest cricket governing body globally. Example: A daily wage laborer, s...

India's Dilemma: The Laptop Import Ban and Its Implications

 Introduction: The Indian economy is currently grappling with a decision that has sparked debates across various sectors. The ban on laptop imports has ignited discussions on economic strategies, the role of competition, and the implications for both consumers and industries. This article dissects the ban's rationale, consequences, and potential impact on India's growth trajectory. The Laptop Ban's Irony: In a globalized world, India's export of software and IT services surpasses the oil export volume of many Middle Eastern countries. This feat is a testament to India's soft power and intellectual capital, made possible by the decentralized infrastructure of the technology industry. The paradox arises when a country renowned for its IT prowess bans laptop imports, raising eyebrows about the wisdom behind such a decision. Examples: While India's expertise in IT and software is internationally recognized, the laptop ban contrad...