Jugal Doshi

Auto enthusiast, Tech reviewer, TeslaFan

[Jugal Doshi @Jdoshi2646]

We are waiting for #blinkdeal, Amazon is already running its #noblinkdeal

10% disc up to Rs. 1500 on
Kalyan gold@atleast 3% discount to market price: https://t.co/DUw9BXyX7f

Market rate for 1 GM: ₹11,247 + 3% GST
Gold from Amazon using SBI Card: ₹11,132

#Golddeal #Grabit

[Jugal Doshi @Jdoshi2646]

@WealthEnrich MAX Estates - With big numbers due for reporting in FY29 (due to real estate nature), this company, I think, will be atleast 3X from here by FY29.

[Jugal Doshi @Jdoshi2646]

@Nithin0dha @zerodha @NPCI_BHIM Under new CEO Lalitha Natraj ma'am, it has just become 10X better. While people don't realise it, just check the offers, UI, features. Compare before and after her. It's just amazing how leadership brings changes in the system.

[Jugal Doshi @Jdoshi2646]

The only option is that people need to wake up, change.
Because they know there is no option.
If we don't question, things are only going to go downhill.

[Jugal Doshi @Jdoshi2646]

There was an era b4 2014, we felt like India isn't liveable,Agreed. & there came a leader who changed a lot of things and importantly brought enthusiasm.
But seriously wrong things going on, 3rd term gov feels like living on vacation. It is all marketing that's left.

[ishmohit @ishmohit1]

We are creating a moral hazard in the society slowly..

Once the genie is out, it’s never going back in (freebies).

Don’t expect someone whose job depends on winning votes to understand this. As Charlie Munger rightly said- show me the incentives and I will tell you the outcome.

Well written

[Aseem Dhru @aseemdhru]

An Unconditional Bad Ifea

Weekends I think about economic matters. Usually I keep these notes to myself sometimes I let you the readers suffer.

Unconditional cash transfers aka freebies aka revdis are now taking serious proportions.

The economic survey 2026 puts them at Rs. 1.7 trillion in FY26. In some states they are now approaching 10% or their budgetary expenses. When 62% is already on salaries pension and interest payments these are coming at the cost of developmental spends.

It is estimated to account for 40-50% of monthly consumption expenditure of half of rural population!

The Supreme Court has also raised objections to these eve of the election announcements. Free cycle, electricity, ration, TV, bus transport, money in a woman’s account.

States failed to deliver quality education, healthcare, infrastructure and corruption free ease of doing business and are now across party lines simply buying votes from tax payers money.

I have two quarrels with this.

One is the way in which it is funded. The politician isn’t paying this out of their money, effectively a certain segment of population will be taxed or monies will be borrowed and then future generation will bear the cost.

The second is it destructs the moral fibre, dignity and incentive to work. China a supposed communist country gave no freebies. A generation bore hardships to lift the nation. The American Dream wasn’t delivered by the government but people who worked hard to lift their lot.

Ludwig Mises an Austrian economist said, “Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation."

Who do you think pays for free or subsidised electricity? Industry does and that makes manufacturing uncompetitive.

Politicians across the world are promising to “fix” healthcare, interest rates, energy prices, universal basic income, housing.

The Soviets, Chinese, Venezuelan, Yugoslavians have tried to address these issues with central planning and spectacularly failed now under the old wine has arrived in a shiny new bottle of democratic socialism.

Politicians have to win elections but the laws of economics don’t care about their compulsions. We are hurtling down a path that been tested repeatedly but with the same end.

There is no such thing as a free anything. There is always a price and if it’s not direct it’s always worse. Price in kind is always worse than cash. These unconditional cash transfers are an unconditional bad idea. Unfortunately it’s a bad idea, whose time has come.

[Jugal Doshi @Jdoshi2646]

@AshwiniVaishnaw @IRCTCofficial @WesternRly
I had always heard that things in Railway are not as good as it is shown, never believed it.
But today I experienced it.
Absolute shit condition of the train, no staff to take care of coach.
And? no AC in 3AC, only fan.
Train:01492

[Jugal Doshi @Jdoshi2646]

#Gold #golddeals
#dchacks 24 Carat 1 Gm @ 11,200/-

[Jugal Doshi @Jdoshi2646]

Everyone was waiting for the gold deal on 24KT, #Tanishq was playing with its 22KT.

22KT 18 Gm Mia coins from Myntra with #Blinkdeal at 1.90L using IDFC Wealth DC (got 2.5% back in rewards

Effective 22KT price/[email protected], [email protected]

@GoldDealsIndia @ccg33k @SartanparaYash

[Jugal Doshi @Jdoshi2646]

@SartanparaYash lower per gram price with 999 coin.

[Jugal Doshi @Jdoshi2646]

We are waiting for #blinkdeal, Amazon is already running its #noblinkdeal

10% disc up to Rs. 1500 on
Kalyan gold@atleast 3% discount to market price: https://t.co/DUw9BXyX7f

Market rate for 1 GM: ₹11,247 + 3% GST
Gold from Amazon using SBI Card: ₹11,132

#Golddeal #Grabit

[Jugal Doshi @Jdoshi2646]

Make the most of the offer by with this SKU from Malabar: https://t.co/iFIsTVSVJs

Use SBI for 15k and pay via Amzon Shopping Vouchers of 2-6% discounts.

Use Regalia for ₹3500 Amazon voucher at 2% discount and pay 15k using SBI

Net effective price per gram: ₹11,286

[Jugal Doshi @Jdoshi2646]

@SartanparaYash Why to go for 995? 999 Coins are also available with discount.
With lower per gram prices.

[Jugal Doshi @Jdoshi2646]

For the people who don't have Infinias and EPMs of the world

[Jugal Doshi @Jdoshi2646]

@imYadav31 @ccg33k @creditcardz_in @karna_ocw @RewardAlert

[Jugal Doshi @Jdoshi2646]

We are waiting for #blinkdeal, Amazon is already running its #noblinkdeal

10% disc up to Rs. 1500 on
Kalyan gold@atleast 3% discount to market price: https://t.co/DUw9BXyX7f

Market rate for 1 GM: ₹11,247 + 3% GST
Gold from Amazon using SBI Card: ₹11,132

#Golddeal #Grabit

[Narundar @NarundarM]

Last night, AajTak captured Lahore, Zee News captured Karachi, and Republic captured New York.

By early morning, they returned everything so they could capture it again tonight.

[Jugal Doshi @Jdoshi2646]

@Incognito_qfs @grok verify this

[Oxygen 💨 @WhateverVishal]

Waiting for BJP to take action be like :

[Jugal Doshi @Jdoshi2646]

@ankitatIIMA @AskPerplexity tell me more about this

[Jugal Doshi @Jdoshi2646]

@atomberg_tech @AtombergT

Such a shit product and services. Your service centers dont know about your products, dont provide services.
There is no one to connect with.
How do these kind of companies sustain is a query!! Your tagline of Why Not? Makes sense now.
Why??