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General Discussion

A place to talk about whatever you want

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  • Announcements regarding our community

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    S

    Hello everyone, I am Raghav from MP. I joined this community to acquire knowledge on finance.

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    A

    Due to this war, almost every country increased the price of petrol and diesel; even the USA increased the price by up to 45 to 50%. However, for a long period, India did not increase the price of petrol. What could be the possible reasons for that? Why didn't India increase the price initially?

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    V

    Does this mean that if we don't buy gold for the next few years, we will tackle the real reasons behind the rupee's drop, or are we just shifting the problem onto consumers and jewelers? Also, does the RBI have gold reserves outside of India?

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    R

    To create some emergency funds, you can use the feature of auto-debit savings, which means some amount of money is automatically deducted from your salary account to be transferred to some other high-interest savings account. Since you are living with your parents, try to save more money. You can also invest some money in some low-risk equity funds.