meta waves

 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...

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...