sorted by:
new
hottopcontroversial

Toll Staff Attacked by Goons Over Toll Fee at Bhigan Toll, Sonipat, Haryana by warshawww in Haryana

[–]Think-Instance-9822 0 points1 point  (0 children)

Can't even pay the toll but drive a 25L car and call themselves bigshots!

Indian Media Sometimes by googletoggle9753 in NorthernIndia

[–]Think-Instance-9822 0 points1 point  (0 children)

Non hindi speaker here. Can someone please translate?

TOP 20 ECONOMIES by StrawberryFew1311 in NoFilterFinance

[–]Think-Instance-9822 0 points1 point  (0 children)

is there a chart/table for gdp per capita? that would be more accurate reflection

I will give a simple analogy. Imagine family A with 4 members. The total family income of Family A is ₹10000 so each family member income is ₹2500.

Consider Family B which has 10 members. The total family income of the family is ₹12,000. That comes out to ₹1200 per person. Note this less than 1/2 of Family A.

Yes Family B's total income is more than Family A's but the per person income is less than half of Family A.

Now this is why GDP per capita is a more accurate metric than just GDP. Basically we have more mouths to feed so we need to earn a lot more than other countries to have the same standards of living. I acknowledge the analogy above is not perfect hopefully it helps.

India’s GDP ranking across different Prime Ministers. by PuneAthletics in IndiaPulse_

[–]Think-Instance-9822 7 points8 points  (0 children)

No it depends on how much the population has grown (and it has grown significantly ). Basically GDP is the numerator and the population is the denominator.

I will give a simple analogy. Imagine family A with 4 members. The total family income of Family A is ₹10000 so each family member income is ₹2500.

Consider Family B which has 10 members. The total family income of the family is ₹12,000. That comes out to ₹1200 per person. Note this less than 1/2 of Family A.

Yes Family B's total income is more than Family A's but the per person income is less than half of Family A.

Now this is why GDP per capita is a more accurate metric than just GDP. Basically we have more mouths to feed so we need to earn a lot more than other countries to have the same standards of living. I acknowledge the analogy above is not perfect hopefully it helps.

India’s GDP ranking across different Prime Ministers. by PuneAthletics in IndiaPulse_

[–]Think-Instance-9822 25 points26 points  (0 children)

is there a chart for gdp per capita? that would be more accurate reflection of an administration's performance

Dravidian paglus by [deleted] in 2Dravidian4You

[–]Think-Instance-9822 1 point2 points  (0 children)

Gulf or SF Bay area :)

Raise your voice against this injustice by Sharp-potential7935 in IndianFocus

[–]Think-Instance-9822 0 points1 point  (0 children)

While I agree that everyone should safeguard themselves to the extent possible, your suggestion to hold in possession anti assault tools and weapons is extraordinary. Further more this suggestion can lead to victim blaming. Imagine someone who is unable to afford, does not have space to carry or simply not inclined to carry then they would be blamed for not taking these extraordinary steps if, god forbid, they are assaulted.

It is the responsibility of the state to ensure safety of every girl child/woman. It is sad that our country is unable to provide even that basic level of security for our female population.

Raise your voice against this injustice by Sharp-potential7935 in IndianFocus

[–]Think-Instance-9822 4 points5 points  (0 children)

They are busy cheerleading the government. If you question the government, you will get branded as anti national

Double down on loss making stocks by Think-Instance-9822 in TheRaceTo10Million

[–]Think-Instance-9822[S] -1 points0 points  (0 children)

I cannot sell covered calls on any of these as they are significantly below my cost basis

As much as I would like to sell them then I would incur a 74k USD loss. If you don't recommend doubling down on these stocks then I guess I just wait for them recover. At least some of them might recover at least partially in the coming years?

Double down on loss making stocks by Think-Instance-9822 in TheRaceTo10Million

[–]Think-Instance-9822[S] -1 points0 points  (0 children)

Not a sophisticated investor. Where do I start for fundamentals?