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Finshots Profile picture
@finshots
Nov 16, 2022 • 8 tweets • 3 min read • Read on X
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A complete thread on how RBI controls inflation in the economy (through infographics)☕️

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Stay tuned for Part 2: How our government controls inflation in the economy.

RT this thread & follow @finshots for more insightful content.

🚀Join our 500k readers in staying up-to-date on all things business & finance in less than 3 mins: bit.ly/3AiVx3v

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More from @finshots

Finshots Profile picture
Aug 29
Reliance Industries 2024 AGM just ended!

The only thread you need to know EVERYTHING about RIL AGM 2024

1/n
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Updates about Jio Telecom

-Jio now world's largest mobile data company with a 490-million users, on average consuming over 30 GB of data monthly
-Jio's network carries nearly 8% of global mobile traffic.
-​​Jio users to get up to 100 GB of free cloud storage, to store and access photos, videos, documents, all other digital content, and data

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Advancements in Artificial Intelligence

- Jio is developing a comprehensive suite of tools across AI - called Jio Brain
- Groundwork for a national AI infrastructure, and gigawatt-scale AI-ready data centers in Jamnagar
- RIL's AI models and services will be hosted within India's borders, and comply fully with Indian data and privacy regulations
- Jio Phonecall AI that lets users record and store any call using AI and convert it from voice to text

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Read 6 tweets
Finshots Profile picture
Jan 10
Boeing is in trouble, and a deal it struck around 25 years ago is to be blamed.

What?!! 👀👇🏽 Image
You see, Boeing started as an "engineers" company.

But then in 1997, the aircraft manufacturer merged with McDonnell Douglas and things started to change.

The new entity started focusing more on affordability, rather than quality.
The company wanted to create shareholder value now, and not build quality aircraft.

And this shift in company culture started jeopardizing the business too.

But a company can still recover from an impact on business.
Read 5 tweets
Finshots Profile picture
Dec 18, 2023
The RBI made ₹2.20 lakh crores profit in FY23!

How on earth did it achieve this? 🧵👇🏽 Image
Well, through something called ‘seigniorage’.

Think about it this way—

If the RBI prints a ₹100 note and gives it to a bank for circulation.
The bank has to ‘buy’ the note and transfer the full face value of ₹100 to the RBI’s coffers.

But the only cost the RBI incurred was probably ~₹2 to print the note.
Read 10 tweets
Finshots Profile picture
Dec 7, 2023
Nov 2022: Valued at $450 Mn, ZestMoney was all set to be acquired by PhonePe.

Dec 2023: ZestMoney shuts down!

What changed?

🧵👇🏼 Image
2023 hasn’t been kind to ZestMoney–

The funding dried up;
PhonePe backed away from the acquisition;
And even the 3 founders resigned in May.

The reason?
Well, the business model itself.

See, if you made a purchase via ZestMoney, they’d take care of the bill at no cost– and you’d have to pay it back in installments over 3–6 months without interest.

And the company made money in 3 ways —
Read 9 tweets
Finshots Profile picture
Aug 25, 2023
🚨Retail inflation hit an alarming 15-month high of 7.44% in July 2023!

To give you some perspective, the RBI is expected to keep inflation between 4-6%. Now this could be a challenge for us. So, what should you do to protect your finances?🤔

Here are 3 things to know 🧵👇🏽
✅TRACK YOUR SPENDING

Bucket all your expenses into broad categories— rent, electricity, phone bills, personal care, groceries, childcare, fuel, subscriptions, transportation, house maintenance etc.
Once you have it all listed out, go over each category and see where you can comfortably trim down excessive expenses like frequently eating out or under utilized subscriptions.
Read 9 tweets
Finshots Profile picture
Aug 19, 2023
In 1995 Steve Jobs became a billionaire. But..

It wasn't because of Apple😲! Surprising, right?

Well, here's the story of what happened 🧵👇🏽

(Like❤️& RT🔄️) Image
See, the story starts in 1986 when after being forced out of Apple, Steve Jobs acquired Pixar from filmmaker George Lucas for a mere $5 million. And further invested another $5 million in the company. Image
At that time, Pixar was just a fledgling computer graphics division of Lucasfilm. However, Jobs saw the potential in the technology and the creative minds behind it!

But, the road to success was far from smooth for Pixar. Image
Read 10 tweets

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