Money Talks by MM
Money Talks by MM is a channel made to help educate people and provide them with information about investment - money management, capital market, assets allocation and economic aspects of businesses. We aim to tackle both basic questions and also in-depth analysis for those who seek so.
The company, MM Wealth Vridhi Pvt. Ltd. has a large client base including HNIs, Institutions, NRIs and Retail. You can reach out to us at our website.
Mrigendra Mishra, the founder of MM Wealth Vridhi Pvt. Ltd., is a professional with experience of more than 20 years in the field of Investment and Wealth Creation. He has in-depth knowledge of all asset classes ranging from Debt and Equities, Commodities (Gold), Real Estate and hence efficiently provides effective solutions to those who heed for the same.
Disclaimer:
All videos are for general information. Please do not take decisions solely based on this. Contact your financial advisor and read the offer documents before investing.
Money Talks by MM
Hey everyone! Hope you are having a productive weekend so far. I am here again on the community tab to discuss today's Weekly Funda - The Economic Benefits of PM Modi's recent visit to the USA.
It is common knowledge that this is PM Modi's sixth time visiting the USA. Looking at the economical and political aspect, India will achieve its leadership position all over the world soon. Modi ji's main purpose of the visit was to attend the 'Quad nations' meeting at the Leaders' Summit of the Quadrilateral Framework. In this summit, the Prime Ministers of India, Australia and Japan along with the President of the USA discuss and plan on how they could support each other economically and politically.
Also, they hope to neutralise China's dominance on the world and mainly to encourage business and trade relations among their countries by increasing the PLI schemes and reducing some of the trade barriers, such as tariffs.
Therefore, an increase in our business activities will provide a lot of employment opportunities for Indian residents in the near future. Sounds like a joyous news for all of us! :)
Cheers,
Shruti
4 years ago | [YT] | 2
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Money Talks by MM
@DSPMutualFund_in
Watch the Concept of FOF
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Money Talks by MM
Watch this
@KotakMahindraMutualFund
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Money Talks by MM
Hello everyone. Let's discuss further the 16th Weekly Funda since it was an engrossing topic. What if India sold all of its gold? Do Indian women actually have a huge stock of gold?
As we all know, Indians are fond of jewelry, particularly gold jewelry. According to the recent data collected, approximately 11% of the world's gold is owned by Indian women. The market value of 21733 tonnes of gold in India is worth 100 Lakh Rupees.
Even the countries with flourishing economies, such as the USA, Germany, Italy, France, Russia, China, and Singapore do not have as much gold as many Indian women do. An astonishing fact is that the gold deposit is three times greater than the central budget of India.
What are your views on this? Do you think there could be a better approach to utilize the gold we own?
Excerpt Written By Shruti Jha
4 years ago | [YT] | 2
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Money Talks by MM
What is RBI's Digital Currency? Summary of the 14th Weekly Funda.
The Reserve Bank of India has created a model for the digital currency in India called "Central Bank Digital Currency". The deputy governor claims that the pilot version of this project will be launched by December 2021. The main characteristic of this digital currency is that the transactions will be solely through the digital mode (including the currency itself). It will also be as stable, as the physical currency. These factors imply that the difficulties that RBI usually has while managing the physical currency are assumed to be eliminated.
Since the RBI will monitor and regulate this currency, it is guaranteed to be well-regulated and safer than other cryptocurrencies. Conducting business transactions will also be much easier. The approach towards this is currently slow and cautious to avoid any mistakes.
We are very proud, as India will be one of the first countries to launch this project. This is a huge step, as it is far more superior to any other cryptocurrencies available in the market.
🇮🇳 ❤️
Written by Shruti Jha
4 years ago | [YT] | 2
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