Indian exports were $70billion in 2003 and it grew to $470 billion in 2013 which is 6 times the base.
In the last 13 years it has grown only to $830billion. Just about 2 times.
We should've crossed the $1 trillion in 2020 itself but thanks to the incompetent Modi we lost the track and now he is shamelessly boasting of achieving $1 trillion.
🚨Benefits of 42% income tax in Germany:
- On Job loss, the govt pays 60% of salary
- 3 yrs leave on have a baby
- Education is free upto PhD
- For every child, get €250/mon
- Free travel within country
- Free Hospital
- Safe Highway
- Bullet train
what Indians are getting in return of 42.7% Tax ???
An Investor Asked FM Nirmala Sitharaman Ji
When I Place a trade, I Pay
GST
STT
Stamp Duty
LTCG/STCG & other charges.
When I Buy a house in Mumbai with the same white money, I Pay, GST, 11% Stamp Duty & Several other charges
Govt earns more than the broker. We take all the risk & govt is the sleeping partner.
FM's Nirmala Sitharaman Ji reply
A sleeping partner cannot answer sitting here.
Is this justified?
No water in Mumbai. Pune is getting dirt water. People in Haryana, Madhya Pradesh protesting in huge droves over water. Hospitals in Hyderabad not working properly due to water
Meanwhile Gadkari and Adani using tonnes of water for ethanol and data centres to fill their profits
Guys please do not share such videos of UP-Bihar people travelling like cattle in trains as such videos destroy the image of India.
Please guys, strictly DO NOT RETWEET😁
Let’s present Vishwaguru image of India by not sharing such videos!!
Reporter: You are on the cusp of making history.
Trump: I like this guy. Your reporters are much nicer than mine.
Trump casually exposed Godi Media of India 😭😭
Does Mr Modi not know how to speak English?
Oh my God, Mr Modi is even speaking Hindi by looking at cheat sheets.
Will someone tell me how educated Modi really is? Where can his degree be found ?
Nobody laughed as PM Modi cracked a joke in a light hearted moment.
He then awkwardly reached for Trump’s hands that are stained with the blood of Indian sailors.
The Slovakian President stopped just short of the Yoga mat, but Modi went ahead and stood on it.
He was probably thinking they had spread out a green carpet for him to stand on.
Consequently, the Yoga instructor (seen from 0.15s onwards) had no mat left for herself.
Don't buy Gold! It destroys the Rupee.
It ruins the CAD.
So every Indian citizen accepted it and paid the brutal 15% import duty.
Then yesterday: Zerodha, Groww, and Upstox got approval to let millions of retail investors seamlessly pump billions of dollars into US stocks.
Incredible. Sending actual USD out of the country to chase overvalued Wall Street hype is perfectly fine. But buying physical, un ruggable Gold that literally stays inside Indian borders is an economic threat?
I’m not saying investing in US stocks is wrong, but the macro logic here is hilarious.
The media celebrates it as global diversification. Zero lectures on the CAD. Zero guilt trips about the Rupee.
But let’s not be hypocrites. Whether you are buying an Apple share or a 100g gold, the exact same US Dollars are bleeding out of the RBI's forex reserves.
At least the gold doesn't have a CEO who can crash the asset 30% overnight because of a bad earnings call.
Physical gold wins every single time.
Now inviting all the experts in the replies and give me a lecture on Current Account Drain vs Capital Account Asset.