@BaluGorade Started with mutual funds in 2015.
At one point, 100% of my investments were in Stocks.
Today 17% of my portfolio consists of Mutual Funds/ETF.
Goal: Stocks 33%
Mutual Funds/ETF: 67%
Imagine how deeply brainwashed people of this country have become to defend fuel price hikes like it’s some patriotic act and they’re modern bhagat singh or smth. In any functioning democracy, repeated fuel hikes would trigger outrage because people understand one basic thing: governments heavily control fuel taxation. Petrol &diesel prices in India are not “pure market prices.” A massive chunk is taxes. The Centre and states both earn huge revenue from it.
When crude oil prices crashed globally a few years ago, did Indians get proportional relief at the pump? NO. But the oil companies & governments quietly enjoyed record margins while citizens kept paying inflated prices. The excuse was always “global uncertainty,” “recovery,” “war,” “inflation,” or some new modimade keyword. But somehow profits kept rising.
And the funniest part is that the very same middle class taxpayers getting squeezed will jump online to defend it with: “but petrol is still more expensive in europe & america” 🤡🤡🤡🤡
But that clown andhbhakth doesn’t know that european & western countries have higher wages, stronger public transport, social security, healthcare, unemployment benefits, and far better urban infrastructure. Indians are paying near developed world fuel prices with under developing world salaries and third world infrastructure. A delivery worker earning ₹15-20k a month paying ₹109+ per litre is not the same as someone in Germany earning thousands of euros monthly.
This clown on my tl really compared fuel inflation to makeup shopping & said “men should earn more.” But who’s gonna tell this aunty that fuel prices don’t just affect vehicle owners. They affect EVERYTHING including vegetables, milk, groceries, cab fares, flights, logistics, farming costs, construction, electricity & much more
Every ₹1 hike quietly increases inflation across the economy. The poor and middle class absorb the damage while corporations pass costs to consumers.
And instead of questioning policy, some people behave like unpaid PR teams for politicians and oil companies. They’ll fight random strangers online, will call them anti national before demanding accountability from the people actually collecting taxes. That’s the real modern tragedy of this nation, citizens have slowly been successfully trained to celebrate suffering as “national interest.”
The government can reduce excise duty. States can reduce VAT. Oil companies can reduce margins. All of this is POSSIBLE. But why would they, when millions of emotionally manipulated brainwashed voters will defend every hike using nationalism, pakistan comparisons, religious angle or “at least roads are better now” arguments?
A democracy becomes hell toxic & dangerous when citizens stop questioning power and start worshipping it. At that point, voters become consumers of propaganda, not participants in governance 🙏🏻
@WorldRythm@FrontalForce@RBI@nsitharaman@FinMinIndia All nationalized banks as well as some private banks do that brother. Here, the author is talking about PNB Housing Finance Ltd and not Punjab National Bank.
For a small Belgian guy from Braine-le-Comte playing for fun, being inducted into the Premier League Hall of Fame with these greats of the game at 34 years old is crazy. Thank you to all of you; I will see you soon, my friends! 💙
Frankfurt rejecting Newcastle🚫
Newcastle rejecting Liverpool🚫
Liverpool rejecting Bayern Munich 🚫
All happening in a day.
Surreal...!!
#TransferNews#epl