Deepak J. Agarwal
233 posts

Deepak J. Agarwal
@DeepakJAgarwal5
enjoy life to fullest. live for today like no tomorrow
Katılım Nisan 2021
8 Takip Edilen15 Takipçiler

@InvestorOfJAMMU Also India has lauched EGR (Electronic Gold Receipt) on NSE
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@CaVivekkhatri Then why did Sebi gave approval to launch EGR on NSE? Only 0.001 will understand
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@theskindoctor13 Then why EGR(Electronic Gold Receipt) is launched on NSE?
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Why the PM said what he said in Hyderabad today about WFH, saving petrol, avoiding destination weddings, not buying gold for a year, etc.
India imports massive quantities of both crude oil and gold, and both are paid for in dollars. In a period of geopolitical instability, if crude oil prices rise sharply while gold imports and luxury foreign spending continue unchecked, it puts enormous pressure on India’s foreign exchange reserves, trade deficit, rupee stability, and inflation.
Oil is a necessity. Gold and luxury foreign expenditure are lnot. From a policymaking perspective, reducing non-essential dollar outflow during economic uncertainty becomes strategically important.
If people don't save fuel, keep buying imported gold at record levels, and spend heavily abroad, the pressure eventually hits the rupee itself. A weaker rupee makes imports more expensive, fuel prices rise, transportation costs go up, and eventually the price of almost every commodity in the economy starts increasing.
So his appeal is logical for collective good.
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@IndianExpress Then why EGR(Electronic Gold Receipt) is launched on NSE?
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Amid the escalating conflict in West Asia, Prime Minister Narendra Modi on Sunday (May 10) urged citizens to reduce dependence on imported goods and conserve foreign exchange by cutting fuel consumption, postponing foreign travel and avoiding gold purchases for a year.
Addressing a public meeting in Hyderabad, Modi appealed to people to use public transport, metros and carpooling to reduce reliance on petrol and diesel. He also reiterated his call to reduce cooking oil consumption and pushed for greater self-reliance through the “vocal for local” approach.

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@DealsDhamaka Then why EGR(Electronic Gold Receipt) is launched on NSE?
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🚨 PM Narendra Modi today:
- Stop buying gold for next 1 year
- Bring back work from home culture
- Save petrol & diesel ⛽️
- Cut down foreign trips & destination weddings
- Reduce dependency on imported foreign products
Interesting shift in messaging… focus seems to be on conserving forex, fuel and boosting domestic consumption.
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@NewsAlgebraIND Then why EGR(Electronic Gold Receipt) is launched on NSE?
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@NewsAlgebraIND Then why EGR(Electronic Gold Receipt) is launched on NSE?
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HUGE 🚨 PM Modi makes a special appeal amid global crisis.
"I would appeal to people not to buy gold for weddings for one year"
"Our country do not have big-big oil wells"
"Postpone travelling abroad for at least a year"
"Prioritise Work from Home"
"Reduce edible oil consumption for both economic health and personal health"
"Reduce petrol and diesel consumption by using metros. It will save foreign exchange"
"If we must use a car, then we should try to carpool. Use Electric Vehicles"
"Reduce the usage of chemical fertilisers by 50%. Adopt solar-powered irrigation pumps instead of diesel pumps in agriculture"
"Prioritise Made-in-India and locally manufactured products"
News Algebra@NewsAlgebraIND
"Think of Work from home, saving petrol, not buying gold for a year" : PM Modi amid global crisis
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@IndiaToday Then why EGR(Electronic Gold Receipt) is launched on NSE?
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Narendra Modi urged people in Secunderabad to avoid buying wedding gold for a year and to cut fuel use through work from home and virtual meetings. He framed the appeal as a national responsibility amid high global energy costs, supply disruptions and wider political messaging from the BJP rally.
Read more: intdy.in/u39rab
#NarendraModi #Secunderabad #FuelPrices #WorkFromHome #Gold #ITReels
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@aajtak @rajeev_dh Phir EGR(Electronic Gold Receipt) kyu launch kiys NSE par?
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वैश्विक संकट के बीच पीएम की लोगों से अपील...
'एक साल तक सोने की खरीद न करें लोग, विदेशी मुद्रा बचाने पर जोर देना होगा. हमें तेल बचाने पर भी जोर देना होगा, Petrol-Diesel का संयम से इस्तेमाल करें लोग'- हैदराबाद की रैली में बोले PM नरेंद्र मोदी
#NarendraModi #PMModi | @rajeev_dh
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@narendramodi Gold nahi kharidna hai toh Electronic Gold Receipt (EGR) Nse par kyu launch kiya?
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