Mind your Money 💵

Mind your Money 💵

5/24/2025, 2:10:28 AM

*They just took a ₹100 jhola (bag) and sold it for ₹4,228. This is not creativity. This is pure business by US Brands*. A U.S. brand saw a simple Indian cloth bag, gave it a fancy name—“Indian Souvenir Bag”—and made a huge profit. This is how the world works…. We make the ideas. They sell them better. This is not the first time—turmeric became "golden latte", ghee became "clarified butter", and now the jhola is a $48 ‘exotic tote’ And The sad part is… The people who actually make these jholas still earn ₹200–₹300 a day. No name, no credit, no cut from the profits. Someone else is making Crores using their hard work. This is why India keeps missing the big picture…We celebrate culture, others monetise it. We should stop being suppliers and rather be owners!!! Because in capitalism, applause doesn’t pay rent. Profits do!!! *What’s stopping India from owning its cultural IP? Tell me * ❤️Lack of branding mindset in India 👍 No support for artisans 🙏Too much export dependency 🥲We don’t value our own stuff

Mind your Money 💵

6/5/2025, 4:40:48 PM

🚨 Major Fixed Deposit Rate Revisions: June 2025 Update  Fixed deposit investors, take note, FD interest rates are changing 1️⃣ Punjab National Bank (PNB)   • FD of around 3.5 years now offer 6.40% (up from 6.15%)
 • Deposits between about 3.5 - 5 years now 6.50% 2️⃣ Axis Bank   • Up to 6.85% for general customers
 • Up to 7.35% for senior citizens on select tenures 3️⃣ IDFC First Bank 
 • Offers up to 7.00% on FDs
 • Senior citizens enjoy rates up to 7.50% 4️⃣ State Bank of India (SBI)   • Tenures > 3 years now offer up to 6.50%
 • Senior citizens receive 0.50% more 4️⃣ HDFC Bank: • General customers earn up to 6.60% (1-3 years) and up to 6.70% (3-5 years) on fixed deposits. 5️⃣ ICICI Bank  • General customers earn up to 6.75% (1-3 years) and up to 6.85% (3-5 years) on fixed deposits. Forward it to someone who looking for high-interest FDs

Mind your Money 💵

6/13/2025, 2:33:38 PM

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Mind your Money 💵

2/8/2025, 12:06:47 PM

RBI Cuts Repo Rate by 25 bps to 6.25% Understanding Repo Rate and its impact in simple words🔥⬇️ Bookmark it 🔖 What is Repo Rate? 💰📊 The rate at which the central bank (RBI) lends money to banks. Decrease in Repo Rate: 🏦📉 Lower rate = banks can borrow cheaper money from the RBI. Impact on Economy: 1.Lower Borrowing Costs: Banks: Can borrow cheaper, which may lower loan rates 💵. Consumers: Cheaper loans = lower EMIs, more borrowing, and spending 💳🏡🚗. 2.Economic Growth 📈: More borrowing = more investment, job creation, and growth 🌱. 3.Inflation Control 🔥: Lower repo rate can stimulate the economy if inflation is under control, but it can worsen inflation if it’s already high. 4.Stock Market 📊: Cheaper borrowing = more investment, possibly leading to a bullish market 📈💹. 5.Currency Value 💱: May weaken the INR short-term, but could attract more foreign investment later 💵🌍. 6.Savings vs. Spending 💸: Lower rates = less savings, more spending 🛍️.

Mind your Money 💵

2/22/2025, 12:58:16 PM

*Very Good initiative by SEBI, NSDL and CDSL!*✅📈 An *average investor uses multiple platforms for investments*. Hence, data of all the investment is usually *scattered.* 👀😵‍💫🫨 This platform aims to provide investors with a *consolidated view of their financial statements, shareholdings, and investments from all the platforms!*✅