Alert: Seems one is using the name of @PortfolioYoga to ask for money for Intraday advise.
Call received from Number bearing +91 81110 - 01861
Do note that @PortfolioYoga has stopped accepting any new clients long back and is not providing ANY SERVICE or asks for money.
@Sudh_Luv4Equity I think GCC will bloom but prices of RE today itself are way beyond reach for most (without taking debt for 15 - 20 years). Not sure how much higher it can go and sustain @Random_Gyan
Its not FREEBIES thats a problem in India, rather its the huge chunk of money that is lying un-used with Corporates/Corporations & Bank.
Infact, things like Free Electricity, Free Water, Free Housing etc. Is increasing productivity & consumption.
- Shamika Ravi, Member of PM Modi Economic Advisory Council
@SanjukCool assume very low registration tax for property and no Capital Gains. Do you think people will still opt to take 50% in Cash? For the seller, its just about avoiding the tax.
We need either lower taxes or higher penalty when caught (and catching is easy if one really wants)
@somnath1978 maybe due to Income Tax is filed with one's home address & for many that hasn't changed (same way as people go from Bangalore to TN for voting)??
The saddest part of living in India that u cant wake up and go out just strolling, walking in a nice neighbourhood, enjoy a cafe. U know u will see ugliness wherever u go, photocopiers, rag tag restaurants, millions of men everywhere, ugly broken footpaths, dirt, wires, poles....
@bladenomics Bangalore for property that needs to be acquired for public infrastructure, TDR is given which has friction for everyone & hence not easily accepted. Paying by Cash is not possible since money is there not there to give them
Our cover story in Asia this week is India's baby bust. Fertility rates are falling remarkably fast across the country-- in several states women are now having the same number of children as those in Scandinavia. That means we should think differently about India's future:
Advising is easy when one doesn't have any skin in the game.
Twitter is full of guys who talk big but look at their LinkedIn and they haven't taken risks that they want others to do
Yes, we need to aim higher, but we won't get there without actual doers.
@BhaskarAglave check maids who have grandkids. Most of their kids are having 1 or 2 at max. Takes a generation for mindset to change but is changing and changing fast