If you are serious about building wealth, move most of your portfolio abroad.
A booming market DOES NOT need to put artificial blockers on capital flows.
It automatically attracts capital. If it can't attract capital, then it is not a booming market to begin with.
Going forward, you won’t be allowed to buy U.S stocks directly from India.
- RBI has proposed to abolish the LRS limit for Capital Account transfers, i.e from $250,000 to $0 under automatic route.
- Basically, this will kill the model of foreign investing or the ability to invest outside India.
Source: Zee Business
most high rated competitive programmers have volunteered their time and energy and given back to the community without charging money from college kids who are willing to spend the money because of the fear that not spending this money means they don't get a job
@Gravito841 foreign cper: ICPC winners: quant, working on cutting edge shit at labs, making world changing strides in CS
indian cper who's biggest achievement was being a ICPC finalist: course lelo course lelo bhai mera course lelo please
Whole of Gurgaon needs to be handed over to DLF.
Disband all municipal bodies, create a private body managed and lead fully by DLF with other Developers and RWAs as other stakeholders.
No bureaucrat or Haryana govt should be allowed any participation.