Tuesday, February 25, 2025

WHO WANTS TO BECOME A BILLIONAIRE?

 The most valuable wealth of a man is his knowledge,which cannot be destroyed; all other riches that he has gained or not considered to be wealth at all.

WHO WANTS TO BECOME A BILLIONAIRE?

 ----------------from the books of Speaking Tree--

Most of us dream of striking it rich; to never be in want .Good goals. To achieve these, would entail considerable diligence and perseverance, resourcefulness and creativity. A rare few are endowed with inherited wealth, but for most, the process is a challenge that includes many struggles.

 To understand what it is that we're after, we need to first know what it means to be wealthy to be rich. But wait a second, wealth and riches are not really synonymous, points out Swami Swaroopananda, global head, Chinmaya Mission. He reminds us that the universe is a resource, it is wealth. Hence nature is called Sri,Lakshmi,bringing prosperity and wealth. Whatever you produce, comes from nature. He adds that those she make the effort to make use of these resources productively, find wealth. 

We benefit from the earth because the earth is a giver, for millennia the earth's resources have been used to create wealth. And for as long as we can remember, we have been takers. "Except for human beings, all other species give back to earth. That's why the world is rich. Adi Shankara was asked who was poor and he replied that the one who has insatiable, infinite desires and who feels he does not have enough, that he is not rich enough he is truly poor".

 If you have food, shelter and clothing and you sleep well, your not poor. Having a fat bank balance does not guarantee happiness many among the richest are often unable to eat or sleep due to compromised health and stress, infinite desires and mind dissatisfaction. An unhappy mind means your body too slowly becomes unhappy and therefore unhealthy. Diseases may creep in. Stress and anger are known to be major causes of high blood pressure.

 Iago in Shakespeare's Othello says: "Poor and content is rich, and rich enough, 

But riches fineless is as poor as winter 

To him that ever fears he shall be poor, 

Good heaven, the souls of all my tribe defend

From jealousy!" 

Why be jealous of a super wealthy man who lives in constant fear of becoming poor and who is beleaguered by ill health? Several references in scriptures, proverbs and stories hold a brief for contentment that you are truly rich only when you do not hanker for more; when you are content with what you have, whether you have less or more than a monetarily wealthy person.

 "You may lose money, but try not to lose your mind," says Swamiji. "And never lose your faith in a higher power, in nature, in knowledge. Faith comes from gratitude." When you are enriched by positive attitude, good mind and a spirit of sharing, and you enjoy good health since mind and body are closely connected, richness stays with you whereas wealth may come and go .Your capacity to smile, makes you rich. You can feel the abundance. In short, you are richer than a so-called wealthy billionaire

Tuesday, February 18, 2025

Key highlights of Indian Budget 2025 and Impact on Indian Economy

 Key highlights of Indian Budget 2025 presented by our Finance Minister of India

Indian Government committed to economic resilience,fiscal discipline and inclusive growth.focussing on infrastructure development,digital transformation,tax reforms and financial sector growth.

The new personal tax has substantially reduced under new tax regime,resulting into zero tax liability for over 80% of individual tax filers.

Main highlights of the Indian budget 2025 and Impact on  Indian economy

Exempting incomes upto rs.12 lacs in new tax regime

Kisan credit card limit increased from 3 to 5 lacs

Credit cards for micro-enterprises

Enhancement of credit guarantee cover for MSME from 5 crores to 10 crores

Removal of several tariff rates to streamline taxation

Fiscal deficit maintain at 4.8% of GDP and 4.4% of GDP (target for next year)

Inflation maintain at 4.5%

Debt to GDP :57% of GDP and estimated to 50% of GDP till 2031

Tax to GDP of india:11.7%

Tax cuts will boost consumer spendings

Seeing a revival in rural economy

Look at banks amid falling rate and credit growth

Boosting consumption,translates to boosting GDP

Government efforts on reducing debt burden

MSME tweaks higher kisan credit card limit are major bold steps

May See buying in Auto,Discretionary,Dine Out,

See the current slowdown a temporary,

Manufacturing will play out in next 10-20 years,

Budget 2025 sets stage for a MahaKumbh of investing & economic expansion,

Expect Economy to grow 7% coming year,

See tax exemption as positive and boost for consumption,

GCC expansion to be as large as IT evolution,

See no negatives in the Budget announcement,

Seeing shift from Capex to consumption stocks

Many fundamentally solid companies can see price drops of 40 to 50% within a few months ,

India is emerging from mid-cycle soft patch and is set for a stronger-than-expected recovery,backed by this Magical Indian Budget 2025 and likely monetary policy support,

Ultimately a Dream Budget

Capex has been continued to b in focus

Growth has been given priority

Rural,MSME enterprises are well taken care of

GDP growth will get be continue to grow in this coming decade.

25 years of Golden years for India

GDP per capita will grow from $2800 to $ 10000 in the next decade

India has become one of the best soft infrastructure in the world

Stable currency will give 11 to 12 % nominal growth

Make in India will boost economic growth

India will account for 23% approx..of working age population by 2030.

A strong dollar coupled with rising gold prices indicates that global liquidity is Flowing into hard assets,highlighting a loss of confidence in fiat money.

Shown full focus on 4 major castes, namely garib(poor),mahilayen(women),yuva(youth)& annadata(farmer).

This Budget2025 certainly concentrate on growth forecast and improving financial stability.

A move towards its vision of becoming a 5$ trillion economy. 

 

 

Saturday, February 1, 2025

LIFE IS DREAM LIKE , STAY NEUTRAL AND ENJOY

 LIFE IS DREAM LIKE , STAY NEUTRAL AND ENJOY

 

-------------------from the book of Speaking Tree---------

 

William Shakespeare captured the essence of the Bhagwad Gita’s message when he wrote "All the world’s a stage, and all men and women merely players, they have their exits and their entrances….” The Gita extols the virtue of sakshi bhav-a witness-like attitude. This objectivity is the key to material success, happiness, and personal growth.

 The opposite of objectivity is being involved,partisan, and biased. Then, you view the world through tinted glasses. You see what your mind wants to see. You look at the world through the filter of your likes and dislikes and get a distorted vision. This skewed perception leads to errors and failure. An objective  person has clarity of thought. His perception in sharp. Actions become perfect. The mind is detached And success flows effortlessly.

 


Cultivate the mindset of an observer. Do not get entangled. Stay impartial in all circumstances, not partisan. Remain unbiased and unprejudiced. Be like a spectator in a boxing ring. If you jump into the ring, you risk getting beaten by both parties. Be an observer of this magnificent universe.

 

You are an actor in the drama of life. Play your role to the best of your ability-wholeheartedly, enthusiastically ,perfectly,yet dispassionately.When the curtain falls, exit gracefully.

 

Adopt a tongue-in-cheek perspective on life.Today's trauma will be a distant memory a year from now. Take a long-term panoramic view of things. Consider others' challenges, and yours will pale into insignificance. Rise to a higher plane and struggles of the lower level will cease to affect you.Reach out to others, stretch to accommodate their interests. Embrace the transcendental. As your mind expands, you become more mature and happier, unaffected by the ups and downs of Life.

 

Attachment to the body, mind, and Intellect binds you to unhappiness. They are matter. The world is also matter. Matter influences matter, just like a magnet attracts iron. You are not body ,mind, or intellect. You are Spirit. The world does not have the power to affect the Spirit. You appear to be affected because of your unintelligent identification and attachment to them. Remember, you are Atman. Remain a sakshi, witness, of everything, uninvolved in life's drama

 

You traverse three states of consciousness-waking, dreaming and deep sleep. Your true Self lies beyond these, the fourth plane.Live life as if you are re-entering a dream, knowing its illusory nature.

 

Embrace it with objectivity, joy and light-heartedness, free from entanglement and heartache. Objectivity is the secret of enjoyment, Practise objectivity daily. Observe the world around you: external objects, people, their appearance, emotions,and thoughts. Then, turn inward to your own body, mind and intellect.

 

WHO WANTS TO BECOME A BILLIONAIRE?

  The most valuable wealth of a man is his knowledge,which cannot be destroyed; all other riches that he has gained or not considered to be ...