Open IDFC FIRST Bank savings account my.idfcfirstbank.com/apply/savings?Jan23 Know more about Zero Fee Banking www.idfcfirstbank.com/customerfriendlyfeatures?Jan23
By seeing the advertisement...I think if I had the money I'll deposit it... probably due to my immaturity. So do banks just compete by interest rates like the Zomato and Swiggy prize wars..
Maturity is when you realize pointing out flaws in your system and questioning government is real patriotism rather then go with the flow and disregarding important issues inside!
In addition to your grip on the subject, you are also an incredible story teller. I see these terminologies frequently on google trends and other sources but never knew what they actually meant. Thanks for quality content and financial education. You are really a good teacher.
@@praddumnvats6759 Hey! that is Kannada, can you please learn to atleast identify one of the main languages of Bharat without disrespecting someone knowingly or unknowingly, I mean absolutely no offence but it just hurts a bit as a Kannadiga.
As a commerce student..what we studied in 2 years higher secondary school...you made a cake walk for others to understand the concept in the most easier and interesting way..Hatsoff to your effort..you put in every videos..👌🙌
I am neither a student of economics nor of geopolitics but still i watch your as well as PD sir's video with a lot of excitement just to know how our country is growing. Thanks a lot you are literally making a 10th grade student understand these difficult terms.
1. Whatever efforts are taken by RBI will begin to show results only after some time as inflation can not be tamed overnight. 2. In India, inflation is more a consequence of good/bad monsoon than rise in interest of home loans. If it rains heavily and states are flooded, crops get destroyed. If it doesn't rain sufficiently, the crop yield drops drastically. You can verify the relation between monsoon and inflation with past year data. Also in the CPI and WPI basket, you can check how big the weightage is for food and agriculture products. 3. It is far-fetched to assume that raising home-loan interest rates leads to drop in consumption by middle class and thus leads to recession. Please check how many people avail home loan in India on an annual basis. Of the total credit book of PSU and private banks, check how much is towards home loans. You can start by looking at the loan book of SBI which is a good indicator. 4.Nine states are going to election this year and the Lok Sabha elections are scheduled next year. In an election year, incumbent Governments announce and execute various schemes, subsidies,welfare measures leading to inflationary pressure. This is something that RBI can not do much about as state Governments are not answerable to RBI. 5.RBI gets data with a 3 month lag and then actions upon the data. So with respect to RBI combating inflation, RBI has always been reactive as gathering, assimilating data in a country as large as ours, has always been difficult. 6. The current inflation in India is due to the consequences of cheap money flooding emerging markets due to absolutely low interest rate regime adopted by FED in the aftermath of Covid-2020. There is little that RBI can do here. Even otherwise, the December CPI and WPI numbers are well within its upper tolerance limit.
@@pardeeptandon The larger point of my comment was that it was a shoddily researched video and exhibited minimal understanding of economics. Anyway, you are free to infer other-wise.
No Junk, just subject and knowledge. Keep up the good work; I believe you are the only person from India on RUclips who speaks without lengthening the videos merely for the sake of lengthening them.
Bro wherever you belong too , with due respect , it's not true , I don't know what Indian videos you consume . Yes I agree There are different wings on yt also but Think school is not only unbiased channel . There are more , it's just that they aren't famous. Education is considered the most important aspect for success for common citizens of india. Parents cut down their stomach to make their children educated .
Banks earn more profit because of RBI REPO Rates by Banks change their interest immediately after RBI is raised but they do not decrease interest rates after RBI Decrease Repo rates According to banks they need customers permission to change their loan interest I am greatly affected by this kind of theft by banks on my educational loans Be Aware of all terms and conditions is necessary these days before taking any loans As always Ganesh and his teams did wonderful video Thank you 💓
Very true. I was being scammed by same method. My bank did not tell me about decreased rates. When I shifted all of my accounts, they agreed to reduce interest rates. By then, I had already shifted. Too bad. 15 yr old relation went down the drain.
Can you please clarify, if I've taken floating interest rate loan from bank, then also banks don't decrease interest rate when the RBI decreases interest rates?
@@suvamkeshari it is on the bank's discretion. They can if they want to. They just delay as much to earn extra interest. I wasn't told for 1 whole year....that also from a govt bank. So its useful to be aware.
As always, you did a fantastic job with research and presentation. India repo rate increased not just for domestic inflation but to keep up with USA fed rate. If India doesn't keep up, rupee will get devalued compared to USD and lead to financial instability. Many emerging countries have to follow this sad path, unfortunately.
India's annual wholesale price index (WPI) inflation for the month of December 2022 eased to 4.95%, at a 22-month low...staying within the Reserve Bank of India's (RBI) comfort range of 2%-6% for a second month....
Another level If think school is not there It would have taken 10 hours to learn but you guys are giving it in 10 minutes. Love you guys keep rocking 💓
What an Idi*tic video, India's inflation is only 5.72% on 2022 December, Which is low than Most of major economies of the World like the US with 9.5% ,And the UK or EU with 10%, and our neighborhood is swimming in inflation as paxtan with 30%, Bangladesh with 24% etc
Dude it's basic knowledge we got in economics in school and Colleges, didn't you read about repo rate and reverse repo rate in school economics textbook?
@@shatzco Students from SSC background and some other boards in general are not taught these terminologies and find it a bit time consuming to follow up!!
@@as9499 I'm from SSC board maharastra, i think you skipped this coz it wasn't part of your exam which schools do. I had it part of my economics both in SSC and HSC.
India had one of the best economic policies during the pandemic. Look at what has happened to other developing nations who blindly followed what USA did. They are suffering badly from inflation. India had both Aggregate supply and demand measures to combat the pandemic.
see manufacturing sector in India and if government is collecting huge tax from people but returning to people only school up to 12th standard education is not free and health is all depend on insurance we don't know how much it will cover and BJP government is favour of ambani and adhani and they Litterally finished bsnl till now bsnl is in icu
Don't blabber... Food prices in India is 20% higher than economically unstable Srilanka ... Srilankans are crying at the prices that's lesser than what Indians are paying ... Srilankans care so they raised hell ...and Indians have given up
Great love and respect for your work. Pointing out mistake rather than just screaming with *half cooked knowledge* is appreciable and I would say real patriotism. Pointing out mistakes and hating govt (or someone) without having any knowledge have huge huge difference
Need more topics of economics like this, please try to cover all important topics from 11th and 12th standard economics. Will be great for people studying in these classes as well as for people who are preparing for competitive exams.
December CPI and WPI were 5.72 and 4.95% while in November it was 5.88 and 5.85 which is well within the upper tolerance of RBI. What else are you expecting given the world economic turmoil. Further increase in repo rates will mean that we will miss the target of 7% growth for the financial year
I am a Banking exam aspirant and this video actually made me understand that's how RBI works and monetary policy ( MSF and Repo rate) ,a clear explanation 💯✍️ Thankyou so much❤️
Your videos are better than most of RUclips channels who are just wikipedia readers. U have to the point explanation and no nonsense, U deserve more subscribers and viewers.
I had always come across CPI but never understood it's importance on inflation. Your channel has always gave such a detailed explanation for normal people that i am looking forward to your videos. Thank you, team Think School
I thank you for making these exceptionally great informative videos. But this is your best video till date. Simple explanation where even a +2 students can understand the finance discipline.
Inflation is affects directly in Economy from consumer to business It is measured by Consumer Price Index (CPI ) The product from Food to Automobiles FMGG Goods price margins of year with simple example The RBI monetary policy To control inflation so they increase Repo rate and Reverse Repo Rate if Repo Rate increase then Home loans interst increase it leads to less consumption more over Repo Rate ot RBI impact of Common man of India Think school 🏫 explore Inflation and Repo Rate ot RBI and Home loans in simple way 👌 with an example presentation 👌 Research analysis semma super Thank U Ganesh Prasad anna for Explaining Economic concept in simple way Anybody can understand simplified concept 👌 with Geo politics ♥️ how it affects people in daily life more over RBI monetary policy to control inflation and control Bank 🏦 Regulations and Foreign Exchanges Rates
I don't have words to praise you . I have clicked on like button before watching whole episode.i was eagerly waiting for your videos after you have posted poll on inflation. Thanks Ganesh Prasad for this valuable insights.
When repo rates are increased, banks don't waste even a day to increase the interest rates but when it is reduced you have to go and ask them to decrease the interest rates of the loan.
This video must be included in our educational curriculum because of the simple explanation of such a deep and important concept. This video along with other ThinkSchool videos is a gem👑
I live in Canada. I used to pay $3305 for my mortgage (home loan) per month. Now I am paying $5284 per month just for my mortgage due to high interest. I used to earn around $6000 per month after taxes. Now most of my salary goes to mortgage. Plus, gas bill used to come 180 per month, last 3 months it comes to $260+. With property tax and insurance and electricity/gas/water bill, my monthly expense in house is $6400. My grocery and foos expenseis around $400 (it used to be $150 before covid) My salary is around $6000. I am literally using my savings to survive. Europe is also in same boat. People are suffering due to war & covid. While when I see my family & friends in India, they are not as much affected. I stopped all unneeded expenses like movies or going out to eat at restaurants and have not done much shopping this year.
Bro, u are f***ed up. At this time don't take much stress, it may be harmful for ur mental health. Take care bro. Mammi, papa se baat karte rehna, kharab time pe himmat milegi. Best of luck for ur future
these are the things our schools should teach the students rather than foolish stories which have no meaning in reality. thanks for such an amazing content... keep coming with such more videos..!!
I would like to know about the "foolish stories" which you are being taught in school as i am not from Commerce stream. Economics should become a compulsory subject like science till 10th, then should have the choice if you wanna study it further or not.
Thanks for this wonderful information, you explained it well. As a common man with little to no prior knowledge on Rbi's workings, this video helped a lot to understand. Thanks man.
Wonderful video. I always used to think this inflation is not due to everyone having more money then why RBI increasing repo rates.. Someone who has understood and teaching others in very simple terms. Great job.
This seems like the worst investing period. Started investing recently when the market prices were a bit high, today I am more than 60% down! Hopefully, the markets will go back up.
You should have used a Robo-investing platform or copy-traded Karen Marie Emma or any other regulated expert. As a complete beginner myself, I have made over $30K in less than 5 months with her.
@@brownkelly2033 People underate the importance of a financial advisor and Business analytics...what you do with your money is more important than the money you get...unwise investments has rendered a lot of people, celebrities inclusive bankrupt.
@@hollandhoff975 sure fnancial-advisors are outperforming the market and raising good returns but some are charging much, seeing that their services are currently in high demand more than ever....seems more like taxing to me.
You have to start “think school HINDI" as soon as possible because every Indian citizen must need to watch your videos. You're doing a tremendous job and we're proud of you.
@@hrishikeshuttarkar4288 The language which most of countries' people can understand is national language. I know South people may argue, but Hindi is well suited for everyone. If one wants English as the National language, then for them, there is another country named USA where Indian population is huge.
India under BJP government has managed inflation better than UK, USA and Australia. Because of COVID lockdown and Russia Ukraine war, prices of all goods and services across the globe have gone up. India has not gone bankrupt like it's neighbours. Ganesh Anna, remember few months back you had mentioned that Bangladesh GDP was fairing better than India GDP. Then why did it collapse. While India being having world's highest population has managed it's economics better.
High population is actually a good thing Higher population means higher buying capacity Whichs keeps companies aflot and makes sure they don't go bankrupt as easily as they do in some other places
India is surviving better because of the Indian people and how we do business. Not because of some magic potion bjp has that’s helping us do better. It’s surprising how well it’s doing despite the incompetence of Congress and BJP.
I was lucky to get a startup loan at 5.9% just before the 6.25% hike. But then 9 months before that it was as low as 4% which I could have gotten if the incubators would not have delayed my project...
Most precise video on inflation & it's related consequences. Kudos to the channel for simplifying this important topic of finance & nowadays politics also. 👌
What he covered in this video won't even help anyone score more than 10 marks and that too if he's lucky so I don't know what syllabus you are following where he completed your whole macro
@@dr.conscience9921 I am in class 12 and i know what is there and what's not just talking about repo rate doens't constitute the whole unit it's not even 5% of a unit and macro comes for 40 marks so do the math it's comes to 2 marks out of 80 so how did he cover the whole macro in his video???
Bcz this so caled developed country's people have enough money n thier salary incrementation are good n have you ever heard about that these nation's people are facing problems to sustain their livelihood for basic requirements
thanks a lot buddy, i am a banking aspirant & i m going to face the interviews, this particular topic has been asked from me many times in the training sessions like how do you do see RBI's repo rate hikes? is it really effective? & what are the important factors behind it? i would give them a lame theoritical ans that even i would not accept as ans. So you literally came to my rescue in one of most mind puzzling topics for me. I am very happy that i chose to follow your channel. 😀 ❤❤
Thanks a lot Sir for this video. I am an Economics honours student and so the detailed information you gave in this video is really helpful to me. You present these complex topics in a lucid manner which makes it easy for students like me to understand these topics. Keep making more these kind of videos on Indian economy and geopolitical series.
Bro there is a small correction. Our emi won't hike due to the increase in interest rate. The interest amount will hike and the principal amount will cut down but the emi amount will be the same as before.
@@Ankur.dreamer it means emi you are paying ,it partly reduce principle amount and remaining emi will go for interest to bank.so emi you are paying same but bank cut 60 percent of emi to interest and remaining 40 only for repay for principle amount
🇸🇪🇮🇳 What I find missing in these videos are the context and relative study. Example - 1. Sweden is a developed European country and just to give you the context - the inflation rate in Sweden was under 4% in January 2022 and by October 2022 it had reached 12.3% 2. Salaries in Sweden increase by a mere 3% while in India I understand is around 5% which is the usual industry norm. 3. Buying parity in Sweden is minus .45% while in India is around 5.58% (These numbers are available for 2021 which is the last officially published numbers) 4. Look at the farmer protests in US and Netherlands over the new legislation and fertilizer and fuel cost increase. In many cases fertilizer cost has increased by 1000% 5.Lastly while making such a video it is also vital to compare with few of India’s neighbors including Bangladesh, Pakistan, Srilanka, Mauritius etc. In the end people demand that we compare apple - apple ? Being a Scandinavian myself I see that India and the government of India has done a tremendous job in delivering results which in western world are “Just mind blowing”. *We wish our western leaders could follow yours and handle the Russia-Ukraine conflict more diplomatically* Regards Keep up the good work! #ThinkSchool
Misleading title, disappointing video: cost-push/ demand-pull inflation wasn't mentioned and inflation has always been a grey topic for every country (you can never exactly tell whether a country is winning or losing their inflation war), since it initiates a vicious cycle, but India still has been coping with it extremely well and better than other nations, besides there are just too many variables in this topic for it to be explained like this.
Not every one will have higher knowledge like u , as u mention its grey topic , normal citizen cannot understand or lacking will to search for all parameters .in this video he enlightend millions in that atleast 100 will search for cost push and demand pull that 100 will spread lakh 🦝
It's a shame that this is the ONLY politically unbiased yt channel we have in in india. Other so called unbiased channels like deshbhakt, newslaundary are manipulative in a subtle manner, if one looks closely
@@vizzz........ Most of the PM's have done recorded interviews. Most of the TV journalists have lost their ethics and are ready to target PM on baseless allegations. So there's no point for PM to be a part of stupid interviews.
I don't know why you posted such video by publishing a thumbnail of BJP government failing . In whole video it has nothing to do with that . Moreover see conditions in other countries it's much worse than us . We are better than them due to flawless execution of BJP government .
After watching so many RUclips tutorial videos about trading I was still making losses untill Mrs Danielle Shay started managing my investment now, I make $6,800 weekly. God bless Mrs Danielle Shay. She been a blessing to my family.
I'm glad to see Mrs Danielle Shay mentioned here, my spouse recommended her to Me after investing $4000 and she has really helped us financially in times of COVID -19 lockdown here in Australia 🇦🇺
I was not so good at math historically but this video of yours has clarified most of my questions on inflation. The examples you give are perfect and simplifies complex topics. More power to you.
I knew bits and pieces of this after reading it here and there. This video has literally connected all the info i knew and has presented a complete picture. Thank you!!
Too simplified explanation with neutrally putting things in front of audience. That's very rare now a days. I truly recommend Think School videos to all of my friends and families. Thanks for making this all videos.
Great video explanation again:- Here I want to add some points. 1) I think stimulus package by govt resulted in more liquidity, which caused more buying power for the consumer which led to more demand for the same Goods & services. 2) Then The coronavirus led to factory shutdowns around the world, shipping backlogs, and labor shortages, all of which have strained supply chains and pushed cost of G&S higher. So I think covid was root cause for the starting of the inflation. And India a developing nations went through 2 Major lockdown, even after that we were severely affected by covid. 3) Then Ukraine - Russia war started and west put sanction on Russia which led to sharp increases in many commodities & in oil prices, which affected transportation & energy cost. 4) Here is what Modi Govt's INDEPENDENT FOREIGN POLICY worked well. Even from the diplomatic pressure from the west , we continued to buy Russian oil at discounted rate. Which played Major role in keeping inflation controlled. 5) Big shoutout to RBI Governor also for rapidly changing the policies considering the circumstances, bcoz even few week delay may cause Major damage to the economy. So I think govt did good and better then many other countries. 👍
Hi, I have taken membership of think school youtube channel after watching this video. You are doing a great work and the content you create is really high quality. Even paid and online degree programs do not explain in such an easy way with practicle examples. You are generous enough to provide such content and i know it would be taking a lot of effort. Keep doing the good work!
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Know more about Zero Fee Banking
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By seeing the advertisement...I think if I had the money I'll deposit it... probably due to my immaturity. So do banks just compete by interest rates like the Zomato and Swiggy prize wars..
Is IDFC bank safe?
Please make a vedio about LIC how it works and if lic get bankrupt then what will happen.
Bhai tu last me IDFC bank ad kar rha hai hoo video me example ke lye HDFC bank bata rha hai 😂😂
@@tk200895 nai HDFC bank safe hai
Maturity is when you realize pointing out flaws in your system and questioning government is real patriotism rather then go with the flow and disregarding important issues inside!
You must be from peaceful community 🙏🏼
@@nickblue11 he actually didnt say anything wrong,
Why that statment bothers you
So I was matured in the womb?
@@kshitij4489 No! Loyalty to BJP must be absolute 💯
@@shubhamgarg09 There should be criticism but your alternative PM is the manchild Pappu and Finance Minister is the robber Cheatambaram🤣
Your method of simplifying complex business case studies and geopolitical issues is utterly incredible. Thank you and your team for educating us.
🐮🧆 🐮🥃
pour
POUR LOOTED
What nonsense, there is nothing in the video! Did you even watch it? Its a clickbait. All his videos are like this
wym, what was the clickbait?? i dont understand
In addition to your grip on the subject, you are also an incredible story teller. I see these terminologies frequently on google trends and other sources but never knew what they actually meant. Thanks for quality content and financial education. You are really a good teacher.
Your country of origin?
@@praddumnvats6759 Same as yours
@@akshayneeralkeri5785 achha anime Wale balak ho
@@praddumnvats6759 Hey! that is Kannada, can you please learn to atleast identify one of the main languages of Bharat without disrespecting someone knowingly or unknowingly, I mean absolutely no offence but it just hurts a bit as a Kannadiga.
@@milind.m.marathe bro no disrespect..this guy changed his username...i swear it was in mandarian or something.
As a commerce student..what we studied in 2 years higher secondary school...you made a cake walk for others to understand the concept in the most easier and interesting way..Hatsoff to your effort..you put in every videos..👌🙌
I am neither a student of economics nor of geopolitics but still i watch your as well as PD sir's video with a lot of excitement just to know how our country is growing. Thanks a lot
you are literally making a 10th grade student understand these difficult terms.
Whose PD Sir ?
@@The_Indominus_1 prashant dhavan sir from study iq, you should check them out its worth your time
@@BioHazardCorpse he is from world affairs
Bhai tumko nai lagta ki wo bjp ki taraf khuch Jada he jhuka hua hai ??
PD is just a bhakt RUclipsr and not a teacher lol
1. Whatever efforts are taken by RBI will begin to show results only after some time as inflation can not be tamed overnight.
2. In India, inflation is more a consequence of good/bad monsoon than rise in interest of home loans. If it rains heavily and states are flooded, crops get destroyed. If it doesn't rain sufficiently, the crop yield drops drastically. You can verify the relation between monsoon and inflation with past year data. Also in the CPI and WPI basket, you can check how big the weightage is for food and agriculture products.
3. It is far-fetched to assume that raising home-loan interest rates leads to drop in consumption by middle class and thus leads to recession. Please check how many people avail home loan in India on an annual basis.
Of the total credit book of PSU and private banks, check how much is towards home loans. You can start by looking at the loan book of SBI which is a good indicator.
4.Nine states are going to election this year and the Lok Sabha elections are scheduled next year. In an election year, incumbent Governments announce and execute various schemes, subsidies,welfare measures leading to inflationary pressure. This is something that RBI can not do much about as state Governments are not answerable to RBI.
5.RBI gets data with a 3 month lag and then actions upon the data. So with respect to RBI combating inflation, RBI has always been reactive as gathering, assimilating data in a country as large as ours, has always been difficult.
6. The current inflation in India is due to the consequences of cheap money flooding emerging markets due to absolutely low interest rate regime adopted by FED in the aftermath of Covid-2020. There is little that RBI can do here. Even otherwise, the December CPI and WPI numbers are well within its upper tolerance limit.
Hindutva teaches us to blame God, not our bad policies.
@@pardeeptandon The larger point of my comment was that it was a shoddily researched video and exhibited minimal understanding of economics.
Anyway, you are free to infer other-wise.
Great Explanation
Thanx bro
@@pardeeptandon Can u elaborate on bad policy???
No Junk, just subject and knowledge. Keep up the good work; I believe you are the only person from India on RUclips who speaks without lengthening the videos merely for the sake of lengthening them.
Bro wherever you belong too , with due respect , it's not true , I don't know what Indian videos you consume . Yes I agree There are different wings on yt also but Think school is not only unbiased channel . There are more , it's just that they aren't famous. Education is considered the most important aspect for success for common citizens of india. Parents cut down their stomach to make their children educated .
@@Ayushvenu16 Agree, there will be other content provider too
bhai aur bhi channels h but production quality and presenting quality of Ganesh is lit
Banks earn more profit because of RBI REPO Rates by
Banks change their interest immediately after RBI is raised but they do not decrease interest rates after RBI Decrease Repo rates
According to banks they need customers permission to change their loan interest
I am greatly affected by this kind of theft by banks on my educational loans
Be Aware of all terms and conditions is necessary these days before taking any loans
As always Ganesh and his teams did wonderful video
Thank you 💓
Exactly
That's exactly why you need to be aware. In the competitive world no one will teach you these things.
Very true. I was being scammed by same method. My bank did not tell me about decreased rates. When I shifted all of my accounts, they agreed to reduce interest rates. By then, I had already shifted. Too bad. 15 yr old relation went down the drain.
Can you please clarify, if I've taken floating interest rate loan from bank, then also banks don't decrease interest rate when the RBI decreases interest rates?
@@suvamkeshari it is on the bank's discretion. They can if they want to. They just delay as much to earn extra interest. I wasn't told for 1 whole year....that also from a govt bank. So its useful to be aware.
As always, you did a fantastic job with research and presentation. India repo rate increased not just for domestic inflation but to keep up with USA fed rate. If India doesn't keep up, rupee will get devalued compared to USD and lead to financial instability. Many emerging countries have to follow this sad path, unfortunately.
India's annual wholesale price index (WPI) inflation for the month of December 2022 eased to 4.95%, at a 22-month low...staying within the Reserve Bank of India's (RBI) comfort range of 2%-6% for a second month....
Another level
If think school is not there
It would have taken 10 hours to learn but you guys are giving it in 10 minutes.
Love you guys keep rocking 💓
What an Idi*tic video, India's inflation is only 5.72% on 2022 December, Which is low than Most of major economies of the World like the US with 9.5% ,And the UK or EU with 10%, and our neighborhood is swimming in inflation as paxtan with 30%, Bangladesh with 24% etc
Dude it's basic knowledge we got in economics in school and Colleges, didn't you read about repo rate and reverse repo rate in school economics textbook?
@@shatzco Students from SSC background and some other boards in general are not taught these terminologies and find it a bit time consuming to follow up!!
@@as9499 yes we were only taught the definition of repo rate and also that it controls inflation but how? This was never taught in schools
@@as9499 I'm from SSC board maharastra, i think you skipped this coz it wasn't part of your exam which schools do. I had it part of my economics both in SSC and HSC.
India had one of the best economic policies during the pandemic. Look at what has happened to other developing nations who blindly followed what USA did. They are suffering badly from inflation. India had both Aggregate supply and demand measures to combat the pandemic.
Bullshit;;;; How can we have the best economic policies when 60% of Indians are living on the charity of 5 Kg grains?
see manufacturing sector in India and if government is collecting huge tax from people but returning to people only school up to 12th standard education is not free and health is all depend on insurance we don't know how much it will cover and BJP government is favour of ambani and adhani and they Litterally finished bsnl till now bsnl is in icu
Don't blabber... Food prices in India is 20% higher than economically unstable Srilanka ... Srilankans are crying at the prices that's lesser than what Indians are paying ... Srilankans care so they raised hell ...and Indians have given up
@@onetrueindian1 what are you blabbering about? Compare the grain prices before vomiting on the internet🤣
@@onetrueindian1 We are not paying 200 rs for fuel.
Great love and respect for your work. Pointing out mistake rather than just screaming with *half cooked knowledge* is appreciable and I would say real patriotism. Pointing out mistakes and hating govt (or someone) without having any knowledge have huge huge difference
What an information !! Simplified and even non economic background can understand.
Thank u
Worth watching ♥️💯 complicated topics have been explained so simply. Thank you so much 🥰
Need more topics of economics like this, please try to cover all important topics from 11th and 12th standard economics. Will be great for people studying in these classes as well as for people who are preparing for competitive exams.
New courses soon 🙏
Yuppy
True 😭💓
But for free
I need more videos like these...such a complex topic explained in simple words that even a student can understand
Love your explanation. Now I am clear about the situation with Indian Economy. Love the graphic animation you use to explain examples
You make complex topics seem so easy. Keep up the good work brother ✊
December CPI and WPI were 5.72 and 4.95% while in November it was 5.88 and 5.85 which is well within the upper tolerance of RBI. What else are you expecting given the world economic turmoil. Further increase in repo rates will mean that we will miss the target of 7% growth for the financial year
Perfect . UK inflation is at 10 percent . This channel is agent of Pak .
Better to think long term, one more rate hike of 25bp should be expected.
I like your magic words magic man
@@well_said7846 one more hike and they are going to lose the growth rate
great selection of topics and simpler explanations, inspires a lot to know more, very knowledgable!!!
I am a Banking exam aspirant and this video actually made me understand that's how RBI works and monetary policy ( MSF and Repo rate) ,a clear explanation 💯✍️
Thankyou so much❤️
Your videos are better than most of RUclips channels who are just wikipedia readers. U have to the point explanation and no nonsense,
U deserve more subscribers and viewers.
I am so glad i found this channel. Kudos to the team behind thinkschool for such gold content
greatest explanation as always sir...
simple yet crisp and no nonsense talk
AGAR ye teacher ho to INDIA rise krega..
I had always come across CPI but never understood it's importance on inflation. Your channel has always gave such a detailed explanation for normal people that i am looking forward to your videos. Thank you, team Think School
I thank you for making these exceptionally great informative videos. But this is your best video till date. Simple explanation where even a +2 students can understand the finance discipline.
Inflation is affects directly in Economy from consumer to business It is measured by Consumer Price Index (CPI ) The product from Food to Automobiles FMGG Goods price margins of year with simple example The RBI monetary policy To control inflation so they increase Repo rate and Reverse Repo Rate if Repo Rate increase then Home loans interst increase it leads to less consumption more over Repo Rate ot RBI impact of Common man of India Think school 🏫 explore Inflation and Repo Rate ot RBI and Home loans in simple way 👌 with an example presentation 👌 Research analysis semma super Thank U Ganesh Prasad anna for Explaining Economic concept in simple way Anybody can understand simplified concept 👌 with Geo politics ♥️ how it affects people in daily life more over RBI monetary policy to control inflation and control Bank 🏦 Regulations and Foreign Exchanges Rates
I don't have words to praise you . I have clicked on like button before watching whole episode.i was eagerly waiting for your videos after you have posted poll on inflation. Thanks Ganesh Prasad for this valuable insights.
When repo rates are increased, banks don't waste even a day to increase the interest rates but when it is reduced you have to go and ask them to decrease the interest rates of the loan.
Yes the same point i had
This video must be included in our educational curriculum because of the simple explanation of such a deep and important concept.
This video along with other ThinkSchool videos is a gem👑
Great Content Man ! You are taking studies to another level. Keep doing well done
Wow....what an incredible way of teaching...you made it so easy to understand...and was not bored as we get in colleges..hats off...👏👏
Sir, I understood completely sir.
Superb Explanation. Thats why this is THE best channel (salute)
Bro is better than my whole school full of teachers who's job is literally teaching
I live in Canada. I used to pay $3305 for my mortgage (home loan) per month. Now I am paying $5284 per month just for my mortgage due to high interest. I used to earn around $6000 per month after taxes. Now most of my salary goes to mortgage. Plus, gas bill used to come 180 per month, last 3 months it comes to $260+. With property tax and insurance and electricity/gas/water bill, my monthly expense in house is $6400. My grocery and foos expenseis around $400 (it used to be $150 before covid) My salary is around $6000. I am literally using my savings to survive.
Europe is also in same boat. People are suffering due to war & covid. While when I see my family & friends in India, they are not as much affected.
I stopped all unneeded expenses like movies or going out to eat at restaurants and have not done much shopping this year.
Bro, u are f***ed up. At this time don't take much stress, it may be harmful for ur mental health. Take care bro. Mammi, papa se baat karte rehna, kharab time pe himmat milegi. Best of luck for ur future
these are the things our schools should teach the students rather than foolish stories which have no meaning in reality. thanks for such an amazing content... keep coming with such more videos..!!
I would like to know about the "foolish stories" which you are being taught in school as i am not from Commerce stream.
Economics should become a compulsory subject like science till 10th, then should have the choice if you wanna study it further or not.
@@shivam_nagar69 Economics is compulsory in 9th and 10th in CBSE
@@sagittario5543 well i am from ISC
Thanks for this wonderful information, you explained it well. As a common man with little to no prior knowledge on Rbi's workings, this video helped a lot to understand.
Thanks man.
Wonderful video. I always used to think this inflation is not due to everyone having more money then why RBI increasing repo rates.. Someone who has understood and teaching others in very simple terms. Great job.
This seems like the worst investing period. Started investing recently when the market prices were a bit high, today I am more than 60% down! Hopefully, the markets will go back up.
You should have used a Robo-investing platform or copy-traded Karen Marie Emma or any other regulated expert. As a complete beginner myself, I have made over $30K in less than 5 months with her.
@@richardyepesdiego5702 Most of the experts here on YT and lg copytrade her. That is how they make enormous profits from the seemingly unknown market.
@@brownkelly2033 People underate the importance of a financial advisor and Business analytics...what you do with your money is more important than the money you get...unwise investments has rendered a lot of people, celebrities inclusive bankrupt.
@@brownkelly2033 Lol. She is good no doubt... Started last year in all honesty, wish I had known about her earlier.
@@hollandhoff975 sure fnancial-advisors are outperforming the market and raising good returns but some are charging much, seeing that their services are currently in high demand more than ever....seems more like taxing to me.
You have to start “think school HINDI" as soon as possible because every Indian citizen must need to watch your videos. You're doing a tremendous job and we're proud of you.
Yes bro! Ganesh bhai please do it. We want all indians to consume your quality content in the national language. That will help much✌️
@@sudarshanmhaisdhune1039 national language?
@@hrishikeshuttarkar4288 Don't u know Hindi is our national language?
@@sudarshanmhaisdhune1039 Hindi is not our national language,it is one of the official language.I don't know why people are in misconception
@@hrishikeshuttarkar4288 The language which most of countries' people can understand is national language. I know South people may argue, but Hindi is well suited for everyone. If one wants English as the National language, then for them, there is another country named USA where Indian population is huge.
as a student of class 12 economics i totally understand the concept of repo rate and inflation
YOUR WAY OF EXPLAINING IS REMARKABLE. KEEP ON SHARING SUCH FINANCIAL INTELLECTUAL VIDEOS.
very useful video...worth watching your videos...Thank you ganesh
India under BJP government has managed inflation better than UK, USA and Australia.
Because of COVID lockdown and Russia Ukraine war, prices of all goods and services across the globe have gone up.
India has not gone bankrupt like it's neighbours.
Ganesh Anna, remember few months back you had mentioned that Bangladesh GDP was fairing better than India GDP. Then why did it collapse. While India being having world's highest population has managed it's economics better.
All thanks to Russia cheap oil
@@understanding.everything cheap oil is due to Modi's diplomacy and strong India-Russian relationship.
Why are you are comparing india with America you know America budget and indian budget
High population is actually a good thing
Higher population means higher buying capacity
Whichs keeps companies aflot and makes sure they don't go bankrupt as easily as they do in some other places
India is surviving better because of the Indian people and how we do business. Not because of some magic potion bjp has that’s helping us do better. It’s surprising how well it’s doing despite the incompetence of Congress and BJP.
Lesson..
Price rise not only depends upon demand but also on the input cost
appreciate the efforts being put in..... to make common people aware of such topics !! Keep up good work :)
Your method of simplifying complex business case studies and geopolitical issues is utterly incredible. Thank you and your team for educating us. 👍👍👍
As I'm commerce student THIS VIDEO IS VERY HELPFUL 😊❤
I was lucky to get a startup loan at 5.9% just before the 6.25% hike. But then 9 months before that it was as low as 4% which I could have gotten if the incubators would not have delayed my project...
Most precise video on inflation & it's related consequences. Kudos to the channel for simplifying this important topic of finance & nowadays politics also. 👌
You are doing the best job man... Just explained the whole class 12 macroeconomics in 17 mins 👍.... Keep it up man.
Only 3 chapters, aggregate demand , money supply and inflation. There is a lot more in macro economics.
What he covered in this video won't even help anyone score more than 10 marks and that too if he's lucky so I don't know what syllabus you are following where he completed your whole macro
@@SandeepSingh-gs4fu 3/5 units explained my man.... Which are the most important for case based questions :)
@@Luffy_xo Case based questions for macro.
@@dr.conscience9921 I am in class 12 and i know what is there and what's not just talking about repo rate doens't constitute the whole unit it's not even 5% of a unit and macro comes for 40 marks so do the math it's comes to 2 marks out of 80 so how did he cover the whole macro in his video???
Being a science student,your video makes me know a lot about economics
Thanks a lot.Your videos are simple and detailed
Thanks for giving us so much useful information...please provide the study materials....
India's situation is far better than so called developed countries in terms of inflation
Bcz this so caled developed country's people have enough money n thier salary incrementation are good n have you ever heard about that these nation's people are facing problems to sustain their livelihood for basic requirements
@@-oo294 yes many people are losing out on many things that are basic for them.
Zatu
So called developed countries have 7 times more gdp than india with 1/2 of indias population don't you worry about them
@@-oo294 less inflastion than eu and usa which became biggest importer of russia to contol inflation
thanks a lot buddy, i am a banking aspirant & i m going to face the interviews, this particular topic has been asked from me many times in the training sessions like how do you do see RBI's repo rate hikes? is it really effective? & what are the important factors behind it? i would give them a lame theoritical ans that even i would not accept as ans.
So you literally came to my rescue in one of most mind puzzling topics for me.
I am very happy that i chose to follow your channel. 😀 ❤❤
All the best ❤ :)
You guys teach these complex concepts so effortlessly that even a 10 years old kid can learn easily
Thanks a lot Sir for this video. I am an Economics honours student and so the detailed information you gave in this video is really helpful to me. You present these complex topics in a lucid manner which makes it easy for students like me to understand these topics. Keep making more these kind of videos on Indian economy and geopolitical series.
Today only my father was discussing this matter with me...Thanks for the video...Now i will explain this to my father and get appreciation 😉😎
Always loved your oversimplified explanations ❤
Bro there is a small correction. Our emi won't hike due to the increase in interest rate. The interest amount will hike and the principal amount will cut down but the emi amount will be the same as before.
how the principle amount will cut down? explain!
@@Ankur.dreamer why don't you do your own research, do a quick Google search if you want the answer
@@shatzco bro idk that's why I asked you! If I googled it before then I wouldn't have asked you right?
And if you don't want to answer just don't reply! Simple!!
@@Ankur.dreamer it means emi you are paying ,it partly reduce principle amount and remaining emi will go for interest to bank.so emi you are paying same but bank cut 60 percent of emi to interest and remaining 40 only for repay for principle amount
Love From Odisha ❤️❤️
Obviously the quality of the content and way of presentation is outstanding.
Your work is too good man. Your way of conveying something is really good. Coming from a person who has learnt new things through your case studies.
🇸🇪🇮🇳
What I find missing in these videos are the context and relative study.
Example -
1. Sweden is a developed European country and just to give you the context - the inflation rate in Sweden was under 4% in January 2022 and by October 2022 it had reached 12.3%
2. Salaries in Sweden increase by a mere 3% while in India I understand is around 5% which is the usual industry norm.
3. Buying parity in Sweden is minus .45% while in India is around 5.58%
(These numbers are available for 2021 which is the last officially published numbers)
4. Look at the farmer protests in US and Netherlands over the new legislation and fertilizer and fuel cost increase.
In many cases fertilizer cost has increased by 1000%
5.Lastly while making such a video it is also vital to compare with few of India’s neighbors including Bangladesh, Pakistan, Srilanka, Mauritius etc.
In the end people demand that we compare apple - apple ?
Being a Scandinavian myself I see that India and the government of India has done a tremendous job in delivering results which in western world are “Just mind blowing”.
*We wish our western leaders could follow yours and handle the Russia-Ukraine conflict more diplomatically*
Regards
Keep up the good work!
#ThinkSchool
Misleading title, disappointing video: cost-push/ demand-pull inflation wasn't mentioned and inflation has always been a grey topic for every country (you can never exactly tell whether a country is winning or losing their inflation war), since it initiates a vicious cycle, but India still has been coping with it extremely well and better than other nations, besides there are just too many variables in this topic for it to be explained like this.
Not every one will have higher knowledge like u , as u mention its grey topic , normal citizen cannot understand or lacking will to search for all parameters .in this video he enlightend millions in that atleast 100 will search for cost push and demand pull that 100 will spread lakh 🦝
@@siddharthkr4816 indeed, I hope the same
It's a shame that this is the ONLY politically unbiased yt channel we have in in india. Other so called unbiased channels like deshbhakt, newslaundary are manipulative in a subtle manner, if one looks closely
Dhruv rathe 💀
@@jamesbenjamin2172 literally saw a guy saying DHRUV RATHEE BEST ECONOMIST😂😂dude wtf is going on in india
@@shivam_nagar69 can't even argue with those MFS
Wowww this is out of world great job Think School ...this type of eduaction must be implemented in economics institutions as soon as possbile ...
i wish india me saare subjects aise hi padhaiye jaye...ek dam mast method hai
Attendance for think School regulars...😂🤚
😂😂
Good
Hello 👋
Why Modi is not doing public interviews
He afraid
These type of topics are way overhead transmission for him so he goes with his strengths which we all are aware of....
He has done couple of interviews after becoming PM with ANI, Aaj Tak/ India Today, Zee news.
@@akshaybengaluru1212 but compared to past PM's he has very very few interviews and he is not doing live interviews
@@vizzz........ Most of the PM's have done recorded interviews.
Most of the TV journalists have lost their ethics and are ready to target PM on baseless allegations. So there's no point for PM to be a part of stupid interviews.
I don't know why you posted such video by publishing a thumbnail of BJP government failing . In whole video it has nothing to do with that . Moreover see conditions in other countries it's much worse than us . We are better than them due to flawless execution of BJP government .
Greatly explained the CPI and repo rate. I think the recession is undeniable comming but it will not last longer. As my wife...
My modern Guru.... Ganesh and his team.....
Thank you ....
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@austineowen1548 Thanks 😊
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I had gained lot of knowledge by watching your vedios......Thank you
I was not so good at math historically but this video of yours has clarified most of my questions on inflation. The examples you give are perfect and simplifies complex topics. More power to you.
I know it's hard to get all knowledge to produce such a informative and great video but could you give us more such videos
I knew bits and pieces of this after reading it here and there. This video has literally connected all the info i knew and has presented a complete picture. Thank you!!
I came to know about Repo rate just becoz of u
Thanks to u
Salute u for whatever u r doing for us 🙏
Too simplified explanation with neutrally putting things in front of audience. That's very rare now a days. I truly recommend Think School videos to all of my friends and families. Thanks for making this all videos.
You make good case studies. Wish my management classes were as interesting and easy to grasp.
This video was very useful indeed, just a request pls post it other regional languages as well, it is something that every citizen should be aware
Thanks for the video. It’s very informative. Only reason why I come back to this channel is that it’s not biased. Thanks again.
Great video explanation again:- Here I want to add some points.
1) I think stimulus package by govt resulted in more liquidity, which caused more buying power for the consumer which led to more demand for the same Goods & services.
2) Then The coronavirus led to factory shutdowns around the world, shipping backlogs, and labor shortages, all of which have strained supply chains and pushed cost of G&S higher.
So I think covid was root cause for the starting of the inflation. And India a developing nations went through 2 Major lockdown, even after that we were severely affected by covid.
3) Then Ukraine - Russia war started and west put sanction on Russia which led to sharp increases in many commodities & in oil prices, which affected transportation & energy cost.
4) Here is what Modi Govt's INDEPENDENT FOREIGN POLICY worked well. Even from the diplomatic pressure from the west , we continued to buy Russian oil at discounted rate. Which played Major role in keeping inflation controlled.
5) Big shoutout to RBI Governor also for rapidly changing the policies considering the circumstances, bcoz even few week delay may cause Major damage to the economy.
So I think govt did good and better then many other countries. 👍
you explain things in simple way... Great Work
Hats off man, you can't provide more simple explanation than this to learn inflation and recession
Hats off to you for simplifying very critical and complex topics and also for creating awareness among all of us.
Awesome video. Have not seen any one explaining inflation and recession as simple as this video. Hats off to the creator 🙏🙏
Hi, I have taken membership of think school youtube channel after watching this video.
You are doing a great work and the content you create is really high quality. Even paid and online degree programs do not explain in such an easy way with practicle examples.
You are generous enough to provide such content and i know it would be taking a lot of effort.
Keep doing the good work!
Exemplary narration, simplified content fantastic video. Kudos...👏
thank u so much bro this case study was really complex u explained and elaborated it very easily hats off
Over simplified example really helps me to understand complex topics easily. Thankyou Ganesh Bhaiyaa
I always wondered about the inflation and interest rate hike. This video clarified me more than most of the sources in the internet. Thank you!
Nice. Explained in simple understanding way. Thank you.
This is brilliant. The content the execution. Amazing
Using your videos to prepare for current affairs for MBA interviews. Thanks for the comprehensive information, Think School.
Extraordinary amazing and well articulated case study.... This will definitely help even a person who doesn't know about economics.... Great work...
No one can explain these concepts better than Think school.