@thevirdas@ZeptoNow@zeptocares Never order expensive gadgets online in India. Not even Amazon. This is less of a company problem, more of scam/theft that happens in India.
@theskindoctor13 In our country, you can actually rape & murder and get away but joking about it will be dealt with a heavy hand. Everyone out there with moral optics and doesn’t care about the illegal things that happen everyday.
@IndianTechGuide That’s unfair.
Six months is too less for the havoc he created in the lives of general public and his own employees. He should be jailed for 6 years
We lived comfortably when 1 USD was ₹50. We live comfortably when 1 USD is ₹95. We have not become 50% poorer because of this.
Frankly, my view is that for Investors who Earn in INR, Invest in INR & Spend in INR, it doesn't matter.
Now, many would say that our import costs would go up because of this. True. There will an effect. But, is it as big as it was a decade back? Maybe not.
That is where our self reliance comes into being. The India in 2026 is not the same India which was say, 10 - 15 years back. Our structural growth has been solid and many things are being produced in India today. Our energy production is better. Our diplomatic relations are richer. We produce quite a lot.
Are we 100% self reliant? No. And maybe we will never be. But, we are definitely becoming less dependent on other countries for our investments & growth.
In my experience, the effect is not as bad as it could be, if we invest our money consistently. End of day, most of the stuff we consume is produced in India. The effect is not too bad.
Yes, those who never invest in Markets, it would affect greatly anyway. Because money needs to keep growing. That is the bottom line.
Investing in Compounding Assets is Key Here. Invest in India.
Stay the Course !!!!
#FI
@nanuramu I’m an NRI, foreign passport holder. Never fell for this jingoistic trap. I’m part of Investments WA Group of desis in London. Once I criticised Indian economy- a bhakt responded with Akshay Kumar’s Namaste Londin video. 3 years gone by, I’m still amazed and laughing.
Manoj Madhusudhanan took a ₹1.86 crore home loan from ICICI Bank.
As collateral, he handed over his original property documents. Every homebuyer does this. You have no choice.
ICICI Bank sent those documents to their storage facility in Hyderabad via courier. Somewhere on that journey — Bangalore to Hyderabad — the documents vanished.
Gone. Originals. Irreplaceable.
When Manoj found out, ICICI Bank had one answer: it was the courier company's fault. Not ours.
He went to the Banking Ombudsman. They told ICICI to publish a public notice about the loss and pay him ₹25,000 for the trouble.
Twenty-five thousand rupees. For losing the original documents to a ₹1.86 crore property.
Manoj sent a legal notice. ICICI denied any mistake.
He went to the NCDRC.
The apex consumer court looked at the facts. The bank had taken custody of the documents. The bank had chosen the courier. The bank could not hand that liability to a third party and walk away.
ICICI Bank — India's second-largest private bank, ₹9 lakh crore in assets — was held liable. Ordered to obtain reconstructed certified copies, issue an indemnity bond, and pay ₹25 lakh in compensation.
One loan. One lost file. One bank that blamed the courier.
Save this — if your bank loses your original property documents, they cannot blame their courier agent. The documents were in their custody. The liability is theirs. File at your district consumer forum. The law is on your side.
(Source: Manoj Madhusudhanan vs. ICICI Bank Ltd. | NCDRC | LiveLaw, September 2023)