Salaried middle class is getting crushed in this economy. Inflation is high, taxes are high but salaries are low. No way left for the middle class to build their wealth since they are getting taxed everywhere. Rich are getting richer and there is a huge inequality of wealth. Government must give some relief to the middle class to increase their spend
This was bound to happen. Dr. Manmohan Singh set up a solid foundation for growth. Instead of capitalising on it, this government, in the past 11 years had squandered it all. All that they have done in the past 11 years is to prop up an incompetent leader, who in turn only worked for the benefit of one businessman; pursued divisive agenda, etc. etc. Total waste.
Lol… not 1 reform in UPA 2. Utterly parallelised govt with RaGa second guessing Manmohan’s every move. India was “fragile 5” in 2013 - due to UPA mismanagement
@@MrPrabhatRastogi Fragile Five” is a concept used by a financial analyst at Morgan Stanley in August 2013 to describe emerging market nations that have grown overly reliant on risky foreign investment to fund their growth aspirations. This was due to weak institutional growth and over dependence on foreign investment. Dr MMS strengthened every institution and brought in steps to ensure the economy stabilised and brought back internal stability. It’s best you don’t talk garbage when you don’t know economics
The work he had done between 1990 and 1995 was squandered away by weak coalition govts and the BJP led by Vajpayee who had no clue of market economics or what steps to take to further take forward the steps he had taken as Finance Minister. The BJP as always been useless at economics because all it wants is power and religion and has squandered the use of brilliant economic minds in their party by sidelining them. So I suggest you stop mouthing garbage go read some history of who led the Govts after Dr MMS’s path breaking steps in 1991 to 1996 and what happened thereafter.
@@coffeeguru1970 sir ji - that was a PV Naraimha Rao govt. not some socialist Nehru clan one. PV was disowned by congress for that specific reason. Read more sir - some recommendations- - Half Lion (on PV and Congress) - Darbaar (on Gandhis) - Recent one by Pranab’s daughter summarising his notes. No strong leader who is non Nehru clan is ever given his due on Congress and hence it will keep self destructing as it is.
I apologize for using profanity, but it feels like the BJP has either bought out the entire national media or the people of this country no longer want to confront the harsh realities. The rupee is weakening every day, the GDP growth rate is falling, and inflation is skyrocketing-what exactly is going well? Meanwhile, sycophants are busy shamelessly praising Modi, ignoring the real issues affecting the common people.
Unlike you, people are wired to events outside India. I don't watch this woman but I go through the comments to get a gist of the propaganda. I am 100% sure she wouldn't have mentioned that almost all currencies are depreciating against the dollar. If you are unaware of this, you need to tune in.
@@discomallu9769 only muslims, leftist and some type of sold out christians follow this persons channel. basically Rahul Gandhi and Kejriwal supporters
You don't have to apologize for anything ...not profanic by any means but you said exactly what's happening... Can't complain ..if we complain they will say Nehru did this ...
@cyrilmatthew2995 Have u have any great ideas 2 stop the Rupee from falling? It's the appreciation of the dollar. This led 2 fall of the currency rate volatility all over the world currencies. Why name Nehru as he made Indians 2 dine with wine u enjoyed. Learn more of current affairs n don't point finger at the govt.
Why will I invest in India, when India uses 10% of its forex reserve to stop INR from falling against USD instead of actually fixing the issue with the same money, and then not talk about it to the public. These guys are lucky, average Indian don't understand all this or track this. Unskilled labour, not cheap labour anymore, high inflation, low GDP growth rate, polarizing government that doesn't give me confidence or safety in bringing money to India, high tax but nothing in return, extremely hard to do business or get anything done and insane pollution. Somebody give me a good reason now.
@@raghavr9437 - your Leftists are polarizing. You turn a blind eye on their nasty caste-baiting. Rahul Gnadhi now trying to claim Sikhs are persecuted in India (he makes sure to forget 1984 Riots)
Hi Faye. I have followed you since your days at Mirror Now. Anyone who says " ek din mei expert ban gayi" is an ignorant fool. Your expertise and brilliance is unparalleled.
She has no knowledge of dollar index, performance of other south East Asian currencies, fed not cutting interest rates because inflation in USA isn’t coming under control and many more things is the proof she is a moron and doesn’t know shit about financial world. I can write much more about the crap she has mentioned in her video but it’ll be too embarrassing for her idiotic admirers and fools.
"I firmly believe that the greatest danger facing our nation is the combination of manipulated data and a lack of forward-thinking leadership within our government."
Bhakts will ignore the rupee falling dramatically saying that it’s global issue and not unique to India. They will also throw out Pakistan and Nepal currency value saying their fall is steeper. It will be business as usual with claims of highway builds, rocket launches, high speed train projects and airport construction.
Ummm please follow the other currencies also. I am in Australia, the AUD has fallen to its lowest ever. Compared to AUD, the rupee has gotten stronger. I am facing an issue where I paid the university fees when AUD was valued more and now I am paying the loan back when AUD is valued less. Look at the global economies, except Indi, all have had massive slowdowns. Is it bhakts who are ignorant or chamchaes, I'll leave that you to do the research on your own. But start with comparing with regional economies, then Asian economies and at last global. You'll see what's up and why it's happening.
@nuranichandra2177 the Indian rupee has fallen, on average, 3.5pc annually to the dollar for the last 40 years. Please watch Shekhar Gupta on the issue of the fall of the rupee. Instead of this videos with very little information or facts. I can’t possibly take someone who says there will be more “ouchies “ for the middle class. Like some school level reporting.
Because there’s only so much the world can buy and we can produce. India can’t export something that’s not in demand. We have competition from Vietnam, China, Indonesia, Philippines
@@manofsan I know there's no tax on losses but our FM didn't... Check out how she explains GST increase on REselling used vehicle... And definitely it wasn't slip of tongue it was clearly she not understanding how it worked...
@@SagarCampli - she doesn't formulate the budget, it's PMO which does. She's just there to fill a spot. You're making a cosmetic criticism rather than anything of substance. What specific policies do you want implemented? I always see people ducking away whenever I ask.
@@SuperImbadude - her competency is irrelevant. She's just meant to hold that seat so that PMO can make the budget. Your criticism is over something cosmetic.
Competion from other South Asian countries as well as local inflation is nullifying the normal formula. Business has to recover their massive election expenditure.
The middle class has been drugged by Hafim of Hindutva and is looking forward to having Acha Din in the next life. That is why it is busy finding a Temple under every Mosque.
Demonetize, demonize the skeptics , deny, deny, deny - This strategy has worked in favor of the ruling party. I am sure it will work again and again so long we have population that buys hubris.
I agree one of the reasons for Rupee sliding import of Oil. We are importing Cheap oil from Russia, Etc.... and exporting to other countries. Though price of petrol / diesel not reduced, we are getting money for our exports. Why still Rupee still sliding. ?
The worst part is once the prices go up based on petroleum prices hike, they do not go down when the petroleum prices dip. Middle class always in a soup!!
A U.S. executive with whom I worked once told me that a company where he worked in the Middle East made a feasibility study to build a yeast producing factory and it was submitted to the ministry for license. But there was a hitch, if yeast is produced, alcohol will come as a byproduct while alcohol is strictly prohibited in that country. So the ministry official told him to resubmit the feasibility study saying there will be no alcohol byproduct. Problem solved. Let the TV guys say it's all a conspiracy by George Soros or Arvind Kejriwal has gold plated toilet. Our Rupee problem will also be solved. A well read friend of mine keeps forwarding to me news reports/videos saying demonetization was excellent, that Pappu made an English mistake somewhere, or Sonia Gandhi is not a Gandhi! The guy takes 3 tablets/day to control his blood pressure, it seems knowledge gets him all worked up.
@@greedyinvader9462😂 but it's sadddd we need to do something maybe form new government and replace all earlier government parties and stabilishment new capitalism system 😢
economy comes from the people, not from the govt. govt's job is to stand aside and let the people move forward. people who don't know how to move forward and expect the govt to carry them don't deserve growth or progress. TANSTAAFL -- There Ain't No Such Thing As A Free Lunch
No Faye, it's the Rupee strengthening against the Dollar. With the Vishwaguru & an arrogant FM our economy is skyrocketing. Only the Gujaratis/Marwadis would say that our country is flourishing.
Yes Bharat today needs more temples as muslims are on a mosque building spree , for a population one fifth of Hindus the mosques in proportion to Temples have increased like anything in last 2-3 decades . So educated and rich Hindus need to build more Temples to safeguard civilizational values
Citizens have lost the interest to citizen. We’ve really lost it in the rat race. Come on , we are one of the world’s largest population. Are we asleep. Many things need to stop.
For last 35 years since 1991, when Rupee was allowed to float (until then it was artificially fixed by Government), it has depreciated about 3 to 3.5 percent per year (from about 17 to 86 now). this happens because of difference in inflation rate (US about 2-3 percent, India about 5-6 percent) and current account deficit. One does NOT expect media to do its home work. after all their goal is to put some label, get some views WITHOUT doing any homework. that's in a nutshell is why people do not have trust in media.
In stock market, investor will be taxed even if he makes a loss. Will be taxed to buy and sell. No wonder FIIs are pulling out millions of dollars from stock market. Which other country or leadership can think like this @@sakethreddy4450
I was wondering from past months why my portfolio holdings are performing so badly gone through articles, news but answers were mot satisfactory. However your analysis is the best analysis ive seen so far ❤ Thanks Faye.
Ruppe is not crashing.Dollar is strengthening. Jobs are not shrinking/disappearing/killed Aspiraants are too many due to large VOTER population. MODINOMICS NAMO NAMO
Hi ma'am, I have been following stock markets for a while now, but not trader yet. The way you present is so understandable and reminisce of how a teacher teach their students. Of course, its easy for me because I follow the stock market. Never seen anybody explain so well.
very clear yardstick, if your inflation is higher than a particular countries' , then your currency WILL come down eventually. US inflation is 2 to 3%. We keep ours at about 5%. so somewhere the equation has to balance. one of the places is exchange rate.
India needs faster GDP growth rates of 9-10% ,the current growth rates are too less and one of the main reasons is huge imports especially from china , which is not helping Indian manufacturing industries scale up and export more . Government should curb cheap imports being dumped and ensure a level playing field and people should buy Indian goods over any imported ones , this way falling rupee can be arrested and we can have a middle income economy in our lifetimes
Those who wish freedom can write on social media.. We are all listening to Faye Dsouza.. Most media houses are owned by the Govt in power, so independent journalism is the way for those who want freedom to write!
There are many factors, greedy IT companies and corporations are stocking dollars, every one buying flight tickets the booking agencies foreign exchange companies were also stocking dollars because they are using to visit other countries using dollars, politicians sending hard earned money to foreign countries and buying properties, there are brokers for them in every country
Excellent explanation...in all this the main problem is we have ceased to be CITIZENS, we are only Hindus/ Muslims.. Nationalist (Modi supporters) or traitors...so on. No hope in near future for our country....
As a economist Here - Marshall Lerner condition applied We do intentionally Currency depreciation / devaluation Impact . 1- decrease in import. 2-increase in export 3- increase in FDI 4- increase in migration or influence of Indians in foreign nation. 5- increase in investment 6- increase in forex reserve. 7- increase in self reliance in indian company
Hey, I just discovered your channel. This one was good. Your comments are so balanced, and in some way so trusting of people - which is refreshing in this highly politicized environment today. I like how you tie together all the facts to tell the story. Responding to online comments during the show is distracting but I've only seen one. Keep up the good work, wish you huge success in 2025. Subscribing and liking. Cheers.
Don't care about Indian Rupee ...just say Jai Sriram and Lord Modi Jai and Lord Nirmala Seetharaman....daily 1000 times...they will take care of Indian Economy...they have been Indian economy for the last 1 million years ...they will do the same for the next 1 million years... US dollar is just a paper and Maya...
i am 19 yrs old and i am seeing this vedio while my 55yrs old father is watching generic news tv channel talking about a celeb's divorce im shocked at the digital awarness and gap inbetween generations i belive gen z will be major good change to india
These issues affect only middle class. For upper class it is nothing much to be bothered as far as living expenses are concerned. Poor class are also not concerned. For them life was always a struggle and these issues are not going to change their life hugely. In between governments keep them happy with some freebies. These sections of people who account for more than two third of our population will be provoked by some emotional issues, of which governments are very much careful of.
Minimum 10 years required to reflect the changes made during a rule. 2003 to 2103 in 2011 to 2014 we got the fruit of manmohan. Now it is time to reap the benifit of last 10 years. Employment, economy rupee value. Remember that Manmohan Singh time OIL price was between 140 $ to 120 $. In 2015 it was only 25 dollar. Till recently it was around 60$
The citizens would ask questions when the prices of a single item would go up for example gas, the media would make it an issue and there would be widespread protests. With everything going up the pressure is now on the employers from the employees asking for raises etc rather than the government. People are deeply unhappy with the finance minister and it seems like the calm before a storm.
Thank you heaps Faye for this very informative session. 👌👍As for citizens becoming more aware of things concerning them and their well being, forget it mam...
Isn't one of the main causes of the value of the ₹ falling, that we import much more than we export ? All the big talk & empty slogans of our vishwa gurus are being exposed one by one. There is not a single competent minister in this arrogant government of the last 10 plus years who can lead us out of the mess that they have themselves created. The mainstream media unfortunately as you said has forgotten it's duty & trying to divert our attention away from massive unemployment & inflation besides so many other issues. With this performance, Viksit Bharath will remain a slogan like all other slogans.
South Korea Trade Surplus of $51.8 billion Japan, Deficit of $20.8 billion. India, Deficit of $272 billion. Though, total exports for 2024 are expected to reach approx $814 billion with a growth rate of around 5.58% compared to 2023. 1 USD is approximately 71.42 Afghan Afghani, 145 Japanese Yen, and 1,300 South Korean Won. This doesn’t mean Afghanistan is a better economy than India, or that Japan and Korea are weaker than India. Countries like Japan and South Korea intentionally keep their currencies devalued to make their exports cheaper and more competitive globally. There is more into it, not just Trade, Import Exports. The US Dollar has been strengthening globally due to rising interest rates by the Fed Reserve and its status as a safe-haven currency. This strength naturally weakens other currencies, including not only the INR but also the Euro, British Pound, Japanese Yen, Chinese Yuan, and Canadian Dollar.
Not just rupee every aspect in the country is crashing
ANDHBHAKTS WONT ACCEPT THAT MAN
You are wrong. Adani is India. He has gone up. Be it the airports, ports and all other big projects. Damm the rupee
Beware of Sndhbhakts
@@JansochHE is RIGHT!... you WRONG..
@@jhakku1401and you???? Praise the lord group????
Salaried middle class is getting crushed in this economy. Inflation is high, taxes are high but salaries are low. No way left for the middle class to build their wealth since they are getting taxed everywhere. Rich are getting richer and there is a huge inequality of wealth. Government must give some relief to the middle class to increase their spend
Revolution or rejection
Time to leave this country 😢
Change name (middle class to rich class):: problem solved
@@Nole369upper middle class
😅
@@SushmitaDutta-c9jyes you can.go anywhere in the world and get a passport Einstein 🤣🤣🤣🤣
This was bound to happen.
Dr. Manmohan Singh set up a solid foundation for growth. Instead of capitalising on it, this government, in the past 11 years had squandered it all.
All that they have done in the past 11 years is to prop up an incompetent leader, who in turn only worked for the benefit of one businessman; pursued divisive agenda, etc. etc.
Total waste.
You're wrong! Two businessmen*
Lol… not 1 reform in UPA 2. Utterly parallelised govt with RaGa second guessing Manmohan’s every move.
India was “fragile 5” in 2013 - due to UPA mismanagement
@@MrPrabhatRastogi Fragile Five” is a concept used by a financial analyst at Morgan Stanley in August 2013 to describe emerging market nations that have grown overly reliant on risky foreign investment to fund their growth aspirations. This was due to weak institutional growth and over dependence on foreign investment. Dr MMS strengthened every institution and brought in steps to ensure the economy stabilised and brought back internal stability. It’s best you don’t talk garbage when you don’t know economics
The work he had done between 1990 and 1995 was squandered away by weak coalition govts and the BJP led by Vajpayee who had no clue of market economics or what steps to take to further take forward the steps he had taken as Finance Minister. The BJP as always been useless at economics because all it wants is power and religion and has squandered the use of brilliant economic minds in their party by sidelining them. So I suggest you stop mouthing garbage go read some history of who led the Govts after Dr MMS’s path breaking steps in 1991 to 1996 and what happened thereafter.
@@coffeeguru1970 sir ji - that was a PV Naraimha Rao govt. not some socialist Nehru clan one. PV was disowned by congress for that specific reason.
Read more sir - some recommendations-
- Half Lion (on PV and Congress)
- Darbaar (on Gandhis)
- Recent one by Pranab’s daughter summarising his notes.
No strong leader who is non Nehru clan is ever given his due on Congress and hence it will keep self destructing as it is.
I apologize for using profanity, but it feels like the BJP has either bought out the entire national media or the people of this country no longer want to confront the harsh realities. The rupee is weakening every day, the GDP growth rate is falling, and inflation is skyrocketing-what exactly is going well? Meanwhile, sycophants are busy shamelessly praising Modi, ignoring the real issues affecting the common people.
Unlike you, people are wired to events outside India.
I don't watch this woman but I go through the comments to get a gist of the propaganda. I am 100% sure she wouldn't have mentioned that almost all currencies are depreciating against the dollar. If you are unaware of this, you need to tune in.
@@discomallu9769 only muslims, leftist and some type of sold out christians follow this persons channel. basically Rahul Gandhi and Kejriwal supporters
You don't have to apologize for anything ...not profanic by any means but you said exactly what's happening... Can't complain ..if we complain they will say Nehru did this ...
The same Person was comparing the dollar rate to Dr Manmohan Singh's age.. Now it is your destiny bear it gritting your chin bros.
@cyrilmatthew2995 Have u have any great ideas 2 stop the Rupee from falling? It's the appreciation of the dollar. This led 2 fall of the currency rate volatility all over the world currencies. Why name Nehru as he made Indians 2 dine with wine u enjoyed. Learn more of current affairs n don't point finger at the govt.
Why will I invest in India, when India uses 10% of its forex reserve to stop INR from falling against USD instead of actually fixing the issue with the same money, and then not talk about it to the public. These guys are lucky, average Indian don't understand all this or track this.
Unskilled labour, not cheap labour anymore, high inflation, low GDP growth rate, polarizing government that doesn't give me confidence or safety in bringing money to India, high tax but nothing in return, extremely hard to do business or get anything done and insane pollution. Somebody give me a good reason now.
Dude just don't bother, you're absolutely right. Nobody in his right mind would invest in India.
"polarizing" -- here you go, advertising your own political agenda again -- it's you with the one track mind
Tell me it's not polarizing@@manofsan
@@raghavr9437 - your Leftists are polarizing. You turn a blind eye on their nasty caste-baiting. Rahul Gnadhi now trying to claim Sikhs are persecuted in India (he makes sure to forget 1984 Riots)
Politics everywhere is polarised. But Science and technology is not. Maybe that’s where India should Invest more RnD
You are right..... citizens are too scared to question because of an assumed backlash against families!!
Like in British Era
Hi Faye. I have followed you since your days at Mirror Now. Anyone who says " ek din mei expert ban gayi" is an ignorant fool. Your expertise and brilliance is unparalleled.
She has no knowledge of dollar index, performance of other south East Asian currencies, fed not cutting interest rates because inflation in USA isn’t coming under control and many more things is the proof she is a moron and doesn’t know shit about financial world. I can write much more about the crap she has mentioned in her video but it’ll be too embarrassing for her idiotic admirers and fools.
Those are either fools or paid Dalals.
💯
"I firmly believe that the greatest danger facing our nation is the combination of manipulated data and a lack of forward-thinking leadership within our government."
Bhag anti national 😅
This happens when a 4thi-pass PM appoints a history scholar as the RBI governor.
And thumps his chest saying that he is a chaiwalla as if he has done something great😅😅. And the people made him their GOD😅😅
Yes he is still the GOD.... You are just anti national element in the country@@blueheaven4838
Ha ha@@blueheaven4838
For easier to loot
The worst was Harvard vs Hardwork.
Bhakts will ignore the rupee falling dramatically saying that it’s global issue and not unique to India. They will also throw out Pakistan and Nepal currency value saying their fall is steeper. It will be business as usual with claims of highway builds, rocket launches, high speed train projects and airport construction.
Ummm please follow the other currencies also. I am in Australia, the AUD has fallen to its lowest ever. Compared to AUD, the rupee has gotten stronger. I am facing an issue where I paid the university fees when AUD was valued more and now I am paying the loan back when AUD is valued less.
Look at the global economies, except Indi, all have had massive slowdowns.
Is it bhakts who are ignorant or chamchaes, I'll leave that you to do the research on your own. But start with comparing with regional economies, then Asian economies and at last global. You'll see what's up and why it's happening.
@ read other comments as well for fair assessment
Of the situation. Indian economy sucks.
@@aryangupta6714USD is global currency rather then AUD so but natural to get concerned about Rupee's performance against USD.
No let’s not build highways and high speed trains. You’re absolutely right. This is of course not an economic issue but a political one.
@nuranichandra2177 the Indian rupee has fallen, on average, 3.5pc annually to the dollar for the last 40 years. Please watch Shekhar Gupta on the issue of the fall of the rupee. Instead of this videos with very little information or facts. I can’t possibly take someone who says there will be more “ouchies “ for the middle class. Like some school level reporting.
To compensate the crashing of INR, GST rate will be increased
and income tax band to increase
bro dont even joke about that mahn
Yes they know the only way to make money to crush the people
@danCK1990 he isn't joking unfortunately. You will see in 15 days.
@ yeah, they will do.
I studied abroad even the exchange rate was 70. Can’t imagine how expensive it is for international students and the job market is so shitty
don't study abroad. there is enough seats in india.
@@srisivaraman8063it's about getting quality jobs after graduation sir. If you are the brightest, you should go abroad for better opportunities.
@@srisivaraman8063says nobody
People speak as if studying abroad if their birthright and Indian tax payer should work to fund them
@@manojnellanickal5883how is tax payer funding foreign education.. ??
Now RBI should ask back, it's 2.18 lakh crore that BJP siphoned off,
just before election results !
Allocate the same to forex !
People have become comfortably numb.
If India is the world's largest fast-moving economy and will soon become the third-largest, why are FIIs withdrawing money from india?
Because they are working for Soros 😂😂😂
No more confidence in the misgovernance of one whimsical old man...!
“Citizen need to citizen better” - Well said👌
Because there’s only so much the world can buy and we can produce. India can’t export something that’s not in demand. We have competition from Vietnam, China, Indonesia, Philippines
"Citizens have forgotten how to do citizening" - Fay D'souza
This is exactly why we need qualified people in cabinets not some buffoons who doesn't understand you can't leave tax on losses...
there's no tax on losses - what are you babbling about?
@@manofsan I know there's no tax on losses but our FM didn't... Check out how she explains GST increase on REselling used vehicle... And definitely it wasn't slip of tongue it was clearly she not understanding how it worked...
@@SagarCampli - she doesn't formulate the budget, it's PMO which does. She's just there to fill a spot. You're making a cosmetic criticism rather than anything of substance. What specific policies do you want implemented? I always see people ducking away whenever I ask.
He was giving an example of FM's incompetency. It was a simple concept, yet she failed to convey it correctly and caused confusion across the nation.
@@SuperImbadude - her competency is irrelevant. She's just meant to hold that seat so that PMO can make the budget. Your criticism is over something cosmetic.
Rupee is not crashing, it's the dollar that is increasing -- Nirmala Sitharaman (worst FM of India)
Sad part is Rupee fall has not improved exports as is commonly the economic principlelll
It is because the economy is weak overall, and hence, the demand. I believe the current sell-off is due to anticipation of a recession coming.
Competion from other South Asian countries as well as local inflation is nullifying the normal formula. Business has to recover their massive election expenditure.
The middle class has been drugged by Hafim of Hindutva and is looking forward to having Acha Din in the next life. That is why it is busy finding a Temple under every Mosque.
True bro
Finally, somebody talked about it.
Congratulations to all those who created this program especially Faye D'Souza
Demonetize, demonize the skeptics , deny, deny, deny - This strategy has worked in favor of the ruling party. I am sure it will work again and again so long we have population that buys hubris.
😊😊😊
Citizens have forgotten how to citizen! Such a simple yet impactful line.
Butler English
I agree one of the reasons for Rupee sliding import of Oil. We are importing Cheap oil from Russia, Etc.... and exporting to other countries. Though price of petrol / diesel not reduced, we are getting money for our exports. Why still Rupee still sliding. ?
The worst part is once the prices go up based on petroleum prices hike, they do not go down when the petroleum prices dip. Middle class always in a soup!!
A U.S. executive with whom I worked once told me that a company where he worked in the Middle East made a feasibility study to build a yeast producing factory and it was submitted to the ministry for license. But there was a hitch, if yeast is produced, alcohol will come as a byproduct while alcohol is strictly prohibited in that country. So the ministry official told him to resubmit the feasibility study saying there will be no alcohol byproduct. Problem solved.
Let the TV guys say it's all a conspiracy by George Soros or Arvind Kejriwal has gold plated toilet. Our Rupee problem will also be solved.
A well read friend of mine keeps forwarding to me news reports/videos saying demonetization was excellent, that Pappu made an English mistake somewhere, or Sonia Gandhi is not a Gandhi! The guy takes 3 tablets/day to control his blood pressure, it seems knowledge gets him all worked up.
Haha...the guy seems to be high on cow dung 😂
Meanwhile our FM : I would see it as dollar strengthening.
Amritkaal me Mahakumbh chal raha hai- Rupee to aaj ki cheez hai , main to sab sone me kharidta hun- jaise Ram rajya me hua karta tha
to kya, hajj mein bhejna hai tumko?
5% drop in exchange rate, with a 5% growth in gdp = 0 progress towards a 5 trillion economy 😢
But according to palki sharma india will surpass china and become no 2 in the world 😀😀
@@greedyinvader9462😂 but it's sadddd we need to do something maybe form new government and replace all earlier government parties and stabilishment new capitalism system 😢
Add Inflation to the mix, its negative for the working people.
economy comes from the people, not from the govt.
govt's job is to stand aside and let the people move forward.
people who don't know how to move forward and expect the govt to carry them don't deserve growth or progress.
TANSTAAFL -- There Ain't No Such Thing As A Free Lunch
@@yvl768 talk more than work and delusional, this is typical endian weakness
Gold will NEVER be a dead asset.
Indian FM should put GST on Dollars. 🤣😂🙃
Though it's a sad news but Suprrrrr clear and informative..........👍
No Faye, it's the Rupee strengthening against the Dollar. With the Vishwaguru & an arrogant FM our economy is skyrocketing. Only the Gujaratis/Marwadis would say that our country is flourishing.
and the bakths too there are few I have seen in the comments section, this is what religious fanatism does make you blind
We don't need care about rupees we need to build more temple's.
Yes Bharat today needs more temples as muslims are on a mosque building spree , for a population one fifth of Hindus the mosques in proportion to Temples have increased like anything in last 2-3 decades . So educated and rich Hindus need to build more Temples to safeguard civilizational values
& hoondis
temple made by temple and people mony not yours. 5000cr done by devotee. idots
@@kristeinabraham but all the Rupees donated to the temples need to maintain some value, don't you think?
Lets start with scraping waqf board then..................
Citizens have lost the interest to citizen. We’ve really lost it in the rat race. Come on , we are one of the world’s largest population. Are we asleep. Many things need to stop.
For last 35 years since 1991, when Rupee was allowed to float (until then it was artificially fixed by Government), it has depreciated about 3 to 3.5 percent per year (from about 17 to 86 now). this happens because of difference in inflation rate (US about 2-3 percent, India about 5-6 percent) and current account deficit. One does NOT expect media to do its home work. after all their goal is to put some label, get some views WITHOUT doing any homework. that's in a nutshell is why people do not have trust in media.
Very well articulated, please keep it coming. Cheers!
Always a pleasure to hear you and the topic you select - keep this going and shine in true journalism and shame all those surrendered to authority
If an Nri brings his money, he will be taxed mad
Thats not true. He will be taxed like anyone else that purchases goods
In stock market, investor will be taxed even if he makes a loss. Will be taxed to buy and sell. No wonder FIIs are pulling out millions of dollars from stock market. Which other country or leadership can think like this @@sakethreddy4450
I was wondering from past months why my portfolio holdings are performing so badly gone through articles, news but answers were mot satisfactory. However your analysis is the best analysis ive seen so far ❤ Thanks Faye.
Ruppe is not crashing.Dollar is strengthening. Jobs are not shrinking/disappearing/killed Aspiraants are too many due to large VOTER population. MODINOMICS NAMO NAMO
RBI Governor has given huge dividends to Government in instalments. So RBI is not able to prop up rupee value.
Hi ma'am,
I have been following stock markets for a while now, but not trader yet. The way you present is so understandable and reminisce of how a teacher teach their students. Of course, its easy for me because I follow the stock market. Never seen anybody explain so well.
At some point our bigot mindset is making us forget what actually needs to be asked 😢
very clear yardstick, if your inflation is higher than a particular countries' , then your currency WILL come down eventually. US inflation is 2 to 3%. We keep ours at about 5%. so somewhere the equation has to balance. one of the places is exchange rate.
Now people are asking same question that had been asked 2013. Is falling rupees is insult India? Oil price intill 2012 was 120 Dollar.
Faye, thank you for speaking like a well informed friend. Look forward to more.
That's what happens when India focuses too much on comparing itaelf to another country
Tat too comparing to pakistan and Bangladesh rather than US and China
Rupee crashing, Stock markets are crashing, real GDP is down, no feel good factor and we are in "Amritkaal ".
Rupee isn't crashing....USD is becoming stronger due to which the conversation value is impacted.
India needs faster GDP growth rates of 9-10% ,the current growth rates are too less and one of the main reasons is huge imports especially from china , which is not helping Indian manufacturing industries scale up and export more . Government should curb cheap imports being dumped and ensure a level playing field and people should buy Indian goods over any imported ones , this way falling rupee can be arrested and we can have a middle income economy in our lifetimes
With regard to oil prices impact, why Indian government is not resuming Indian Rupee buying of crude oil from Iran ?
Please Faye everything is said and done, does the media really has the freedom of speech as they during those days?
Those who wish freedom can write on social media.. We are all listening to Faye Dsouza.. Most media houses are owned by the Govt in power, so independent journalism is the way for those who want freedom to write!
There are many factors, greedy IT companies and corporations are stocking dollars, every one buying flight tickets the booking agencies foreign exchange companies were also stocking dollars because they are using to visit other countries using dollars, politicians sending hard earned money to foreign countries and buying properties, there are brokers for them in every country
Where are the missing profit from reselling the Russia oil ! ? ? India only needs very little of these import oil for their consumption within !
Excellent explanation...in all this the main problem is we have ceased to be CITIZENS, we are only Hindus/ Muslims.. Nationalist (Modi supporters) or traitors...so on. No hope in near future for our country....
"Apart from working 90 hours " 😂😂😂 loved it Faye !!
As long as India remains as importer, rupee goes on suffering like this. We never learn good from western except hair style, soliled jeans etc.,
They totally have to build an online public forum where we can put down these stuff…
rupee isnt going down it is the dollar which is appreciating!
True journalism true journalist.. ❤❤
Except salary all is expensive in india ,this country needs true independence after Britishers left.
I know students graduating from IIMs and ISB and not getting decent jobs after spending 25 lacs on MBA
Does Electric Vehicle and Soalar Energy helps driving down the crude oil price challenges?
Rupee is Cruising...All NRI sending there heartfelt thanks to Modi.....Now Andhbhakts will say inward remittance increasing....😊😊😊
As a economist
Here - Marshall Lerner condition applied
We do intentionally
Currency depreciation / devaluation
Impact .
1- decrease in import.
2-increase in export
3- increase in FDI
4- increase in migration or influence of Indians in foreign nation.
5- increase in investment
6- increase in forex reserve.
7- increase in self reliance in indian company
And nirmala ji is busy taxing pop corn worry about increasing export s
Hey, I just discovered your channel. This one was good. Your comments are so balanced, and in some way so trusting of people - which is refreshing in this highly politicized environment today. I like how you tie together all the facts to tell the story. Responding to online comments during the show is distracting but I've only seen one. Keep up the good work, wish you huge success in 2025. Subscribing and liking. Cheers.
Thanks and welcome
Don't care about Indian Rupee ...just say Jai Sriram and Lord Modi Jai and Lord Nirmala Seetharaman....daily 1000 times...they will take care of Indian Economy...they have been Indian economy for the last 1 million years ...they will do the same for the next 1 million years... US dollar is just a paper and Maya...
Love the simplicity of explanation, thank you for sharing
Thanks Faye.... very well explained.
Indians should work 120 hours a week to improve its Rupees.
Very well explained in simple language 👍🏼
People should think Nikhil Kamath hi kyun of all the people,
and associate the same with market performance or future aspects of market !
Now I understand why he said, "History will be kinder to me".
We have developed an attitude of having a faith in Modi,the superman who can turn everything around with his magic wand
When you have such a brilliant government with the most exotic FM - this is what we get.
Consumption has lost momentum and needs to be revived.
Taxes are so high, people have rightly stopped consuming.
India has more you tuber than framers, innovators and people who follow laws.
Now people are much reluctant to hear these, cause no way to get rescued ourselves from this monsters who has made this paradise as hell.
Eagerly looking forward to it reaching 100. Only then our eyes may .. might open.
i am 19 yrs old and i am seeing this vedio while my 55yrs old father is watching generic news tv channel talking about a celeb's divorce im shocked at the digital awarness and gap inbetween generations i belive gen z will be major good change to india
These issues affect only middle class. For upper class it is nothing much to be bothered as far as living expenses are concerned. Poor class are also not concerned. For them life was always a struggle and these issues are not going to change their life hugely. In between governments keep them happy with some freebies. These sections of people who account for more than two third of our population will be provoked by some emotional issues, of which governments are very much careful of.
Minimum 10 years required to reflect the changes made during a rule. 2003 to 2103 in 2011 to 2014 we got the fruit of manmohan.
Now it is time to reap the benifit of last 10 years. Employment, economy rupee value. Remember that Manmohan Singh time OIL price was between 140 $ to 120 $. In 2015 it was only 25 dollar. Till recently it was around 60$
We blind belivers are happy we get more for dollars, thank you viswaguru keep it going
The citizens would ask questions when the prices of a single item would go up for example gas, the media would make it an issue and there would be widespread protests. With everything going up the pressure is now on the employers from the employees asking for raises etc rather than the government. People are deeply unhappy with the finance minister and it seems like the calm before a storm.
Thanks for decoding what will happen to us mortals
Excellent topic required to be understood by investors 🙏🙏
Soon it will be 100 not out. Welcome to modi 3.0.
Bharat will grow.
Modi hai tho mumkin hai...
Soon the rupee will score a century against the dollar...
Thank you heaps Faye for this very informative session. 👌👍As for citizens becoming more aware of things concerning them and their well being, forget it mam...
Good in depth analysis. Thanks
Thanks for this through breakdown. How wud the real estate market be performing in the next year or so?
This has been very very insightful
Good Morning Faye It’s not only the stock market tanking It’s also the Govt & policies are tanking where is the respite for common people ?
Good analysis. Thank you
Economy is shattered. People are tax at the highest level again. Where does all the money gone??
Isn't one of the main causes of the value of the ₹ falling, that we import much more than we export ?
All the big talk & empty slogans of our vishwa gurus are being exposed one by one. There is not a single competent minister in this arrogant government of the last 10 plus years who can lead us out of the mess that they have themselves created.
The mainstream media unfortunately as you said has forgotten it's duty & trying to divert our attention away from massive unemployment & inflation besides so many other issues. With this performance, Viksit Bharath will remain a slogan like all other slogans.
South Korea Trade Surplus of $51.8 billion
Japan, Deficit of $20.8 billion.
India, Deficit of $272 billion.
Though, total exports for 2024 are expected to reach approx $814 billion with a growth rate of around 5.58% compared to 2023.
1 USD is approximately 71.42 Afghan Afghani, 145 Japanese Yen, and 1,300 South Korean Won. This doesn’t mean Afghanistan is a better economy than India, or that Japan and Korea are weaker than India. Countries like Japan and South Korea intentionally keep their currencies devalued to make their exports cheaper and more competitive globally. There is more into it, not just Trade, Import Exports.
The US Dollar has been strengthening globally due to rising interest rates by the Fed Reserve and its status as a safe-haven currency. This strength naturally weakens other currencies, including not only the INR but also the Euro, British Pound, Japanese Yen, Chinese Yuan, and Canadian Dollar.