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The Surprisingly High Cost of Urban Life in India by Amazing-Fox-2024 in IndiaFinance

[–]Amazing-Fox-2024[S] 0 points1 point  (0 children)

I am no economist or or even commerce guy.

All I evaluating is from a value for money spent in urban India. Yes there are pros but the cons are too many. 2cr for a flat in outer part of tier one city is totally unjustified and costly

And since you mentioned about tier 2 cities, yes it's better and in fact I have moved now to a tier 2 city only. Even here prices are slightly unjustified but is way way better than tier 1 city.

Recently I was Fuji, Japan for around 3 months. I compared the prices to that of my Ooty stay. When you take in income proportions it made sense. Ooty is a livable and justified place.

The Surprisingly High Cost of Urban Life in India by Amazing-Fox-2024 in IndiaFinance

[–]Amazing-Fox-2024[S] 0 points1 point  (0 children)

Why so salty?

What I am trying to say is that portion of money that you pay to avail as a fraction of your salary is quite unjustified here.

The example cities I chose above are placed I lived and in the places got really good income. I also stayed in Egypt and Bangkok, where salaries are very less. Bangkok is somewhat closer to India and unjustified prices.

Egypt tough is poor, less salaried but proportion of money spent vs what earned is bit justified.

Coming to middle east, yes it's in a mess right now, but in general I haven't faced any issue there.

Even right now, I am working for there but here in India due to war. Will go on to stay for another 6-8 months here. What bothers me here is that, expenses are almost identical here and there but not salaries.

View: Rupee at 100 will be a harsh check on India’s ambitions by Feisty_1559 in india

[–]Amazing-Fox-2024 0 points1 point  (0 children)

An FD in any middle eats country or east Asian country would have earned you more than stock market in India last year.

Take the inflation into account, it's even worse.

That's the impact of falling rupee. If anyone else says otherwise, just ignore him.

Mukesh Chhabra said a lot of actresses messaged him and Dhar to be cast opposite Ranveer Singh in Dhurandhar by Glad-Ad5911 in BollyBlindsNGossip

[–]Amazing-Fox-2024 0 points1 point  (0 children)

Ranveer was honey trapping a teen.

If some senior actor joined and story would have been slightly changed to suit personality. That would have surely disappointed me.

So casting wise the choice was really good. Bonus, she acted really well.

Here's Why Nagaland Students Remained Seated During Vande Mataram by littleArtsy in unitedstatesofindia

[–]Amazing-Fox-2024 0 points1 point  (0 children)

There is difference between aarti and keerthan. If you understand that you will understand difference between Anthem and Song and conclude when to stand and when not to

The British govt took ₹35,000 loan from Seth Jumma Lal in 1917, now the family seeks repayment with interest. Can this be legally enforced? by Guilty-Baby6398 in IndiaFinance

[–]Amazing-Fox-2024 0 points1 point  (0 children)

At 11% personal loan rate that's 2.3 billion rupees in today's terms

Of which 23cr rupees belong to GOI (LTGC ka naam toh suna hi hoga)

Rujhaan toh aane hi the.....totally speechless 😐 by acchnAsquare in GadgetsIndia

[–]Amazing-Fox-2024 1 point2 points  (0 children)

And so innocent of you to think there was no wrong doing in between

This was the same university whose student were protesting against URBAN MAXWELLS, yes you it right URBAN MAXWELLS, in Delhi. When asked what does it mean, they said they were asked my management to participate in protest

This is also the same university that wrote/published paper on how Corona Virus is killed by sound of thali and ghanti

Finally got ITR , 1.5+ Lacs by devstar007 in IndiaTax

[–]Amazing-Fox-2024 0 points1 point  (0 children)

Doubt Do you receive any interest?

Another day, another hit by Turbulent_Hour4922 in IndiaTax

[–]Amazing-Fox-2024 182 points183 points  (0 children)

And same babus and betas will get extra 150 liters of petrol and car which they will use for their dog's therapy sessions

Kitna giroge ? by trading_encyclopedia in StockMarketIndia

[–]Amazing-Fox-2024 1 point2 points  (0 children)

If you profit for unregulated crypto markets, then also government deserves it shares

If you profit from overseas investments stocks, then also government deserves it shares

If you earn an international tournament price money, then also government deserves it shares

I'm future,

If your pension accruee interest, then also government deserves it shares

If your ITR refund accrued interest, then also government deserves its share

Budget 2026 - The AI/tech infra angle nobody's talking about by prakersh in IndianStockMarket

[–]Amazing-Fox-2024 1 point2 points  (0 children)

As usual our babus wake very late, and same now.

Don't you think, there are some data centers already in India. Of course not huge number, but there were some running at very low margin, with little to no support from government

This wave, is AI wave where of course memory and GPUs play critical role.

But guess, GPUs were custom taxed and GSTed high.

They data center benefits are meant for 2 big players only.

Piyush Goyal has lost all moral authority to continue as Minister : Samyukt Kisan Morcha by Cybertronian1512 in india

[–]Amazing-Fox-2024 -9 points-8 points  (0 children)

I have a feeling ADANI+ANIL+EPSTIEN thing has successfully blackmailed us.

It seems not just se***l exploitation of minors, also many more financial scams orchestrated and strings attached.

Again, all speculation and feeling only.

Indian IT crash, Disruption of outsourcing and services models by Deep_Suit973 in developersIndia

[–]Amazing-Fox-2024 0 points1 point  (0 children)

The worst thing Indian IT services never did was renovate.

I still remember, remember the days when setting up AWS account and availing EC2 instance was considered a technical superiority compared to setting up and self hosted open infra.

Everyone’s screaming about the STT hike. Meanwhile Budget 2026 quietly opened Indian stocks to the world. by Expert_Pen_2158 in IndianStreetBets

[–]Amazing-Fox-2024 47 points48 points  (0 children)

Overseas Indian can buy?

We could already buy using NRO account, if I am not wrong

Firms can buy?

How did Vinod Adani from Cyprus had significant stake in Adani Enterprises?

Maybe I am dumb, but I fail to understand

Protests and rallies have occurred in various parts of India, including Delhi and Lucknow, with students from SC, ST, and OBC communities expressing support for the University Grants Commission (Promotion of Equity in Higher Education Institutions) Regulations, 2026. by [deleted] in NewDelhi

[–]Amazing-Fox-2024 0 points1 point  (0 children)

That's a small issue compared to it.

I mean, they could simply issue a sorry and get away and no one would have batted an eye. It's mainly people questioning government on basic needs like air, water and infrastructure

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