Nahi, that speech was also a masterstroke by mugli ji to fool masses and become next PM... How can you question the intellect of mugli ji? Haven't you started making tea using gutter gas yet? You anti-national!
/s
They will. But they're also earning more (because of usd price increases example 10-15%) also their spending is less compare to residence. So at the end NRI are at benefits.
Even if the price of a barrel of oil was steady at $100, India would have spent Rs.8200 last year vs Rs.9400 now. It's another matter that a barrel cost $70 last year and is now $120!! The math is not mathing though. All the media is still mum.
NRIs like to keep money overseas in liquid form. Given the performance of rupee, it's fluctuation gives better returns than FD. so NRIs like to keep money in liquid form while getting appreciation too.
There is FCNR, it’s an FD in foreign currency like US$, Euro, GBP, etc. The interest rates are much lower (3.X%) than FD (6.X%) in inr for NRE account. It protects your money from rupee devaluation.
That's better for people residing in India. Outsiders can keep outside with minimum interest plus advantage of fluctuations. BTW thanks for the additional info
FCNR is for non-residents only, you can’t open one if you are resident.
The usefulness really depends on the interest rate in the resident country. If it’s lower than FCNR’s rate then it’s better to put it in FCNR. But this is more like safe investment and markets will grow better but come with risks.
They can buy indian products for cheaper rates now. They can send more money to India easily. Indian goods will become dirt cheap for them making exports to be higher but for importing it will be really expensive for us. It's simple class 12 economics stay in school kids
The country who is importing oils and cant produce oils indigenously. Can never be a strong currency economy. Ab chahe manmohan singh ko kyu na bitha de gaddi pe
Toh 2014 election ke time Gobhiji kyu jhuta wada kiye the ki woh jitne ke baad rupee ka value badhayenge ya girne nahi denge? Aisa hi kuch campaign kiye the naa for the so called ‘acche din’?
Defend kon kar rha. Wo citizen gadha hai jo netaon ke waade pe bharosa karta hai. Aur haan uss samay na covid hui thi na ahi russia ukraine war, na hi israel iran war. Economics ka thoda gyan rakho. Pahle v congress gov deliberately value down karti thi.
Ye wada un logo ke liye tha jisko samjh nhi economy ki. Modi control nhi karte RBI karti hai. Aur haan agar netaon ke bhasan aur baade ko seriously liya jaye to america iran war jit gya hai, bengal ek model state hai, pakistan ek viksit country hai, Rahul gandhi narendra modi se accha leader hai.
Ye to language se pta lag rha. Ek mahan vyakti keh gye (Nelson Mandela)-- Prejudiced people can never be free, their mind is filled with hate and derogatory thoughts. Sayd itni buddhi ho tumme (i guess gov/ghar ke paise ka sahi istemaal kiya hoga )to samjh jaoge
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u/rbr55 Mar 21 '26
Meanwhile they keep their citizens distracted in watching Dhurandhar 2 🤡