Another Indian financial company has collapsed. India needs to be save. GDP Per Capita: Maldives: 17k Indian: 2k Average Lifespan, better health care, better doctors, better surgeons. Maldives: 80 years old Indian: 69 years old
The Maldives stands out with its superior healthcare system and proficient doctors than India, contributing to an impressive average life expectancy that exceeds India's by a decade. It's a commendable accomplishment for the Maldivian people.
Before you try to respond to my comment above regarding Indian healthcare and doctors, Answer this question first. If India "claims" to have good doctors and is the world's pharmacy, How did India's no oxygen, no hospital, no medicine crisis occur in 2021?
@@Halisco_New_Generation It is painful to see Indian sick and mourning their deads. It really hurts my heart. As soon as lndia started the massive open cremitoriam, China's sateIIites from space were able to pick it up right away. That's how big it was, you could see the fires burning millions of bodies 1,000 km+ all the way up from sun synchronous orbit for 15 months straight. India's indoor facilities were overwhelmed that is why they have to burn the bodies outside and even that wasnt enough as weeks later, you start seeing them floating in the river, India couldn't hide it anymore. everything was exposed
Under CCP Winnie's regime, the colonization of islands like the Maldives, turning them into "Chindives," comes with the ominous shadow of halted democracy. With no more elections in sight for the next few years, the voice of the people grows faint against the backdrop of foreign domination. As the once vibrant democratic process fades into the background, the future of the Maldives hangs precariously in the balance, held captive by the grip of external powers and the whims of authoritarian rule.
PLEASE ADVISE . I was told to spread my savings across different things like stocks and bonds to protect my retirement.with the everything being shaky,I'm considering going into Trade.?
you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.
Rare is the business esp big ones that work on full transparency , rules & ethics. To survive & thrive rules are a guideline but not a definitive . Rules have elasticity & can be flexed to suit convenience . Often it's the political muscle helping businesses bend rules or stay of its ambit .
India wants Modi be voted out with entire BJP because he failed to handle inflation, unemployment, corruption, education, drugs business, taxes, illegal and anti-People policies. People are fed up.
Palki mam, one of kind researcher you are. It's very informative. "RIP PAYTM" This is a big lesson to everyone-please don't mess with the regulations and don't take them for granted.
@@IChoseAWeirdName it is total bs bro, the rich and their corrupt dogs are rigging the elections, everyone wants Imran Khan but its just so corrupted, even if Imran Khan is back, things will take a very long time to change.
The law catches up if you step on political toes. Rules & systems have a tendency to be blind while all is good between businesses / people & the Political set up
The technocrats and entrepreneurs generally have a disdainful attitude towards law. Besides Paytm, Byju’s is another such example. Investors bring a lot of pressure for quick returns on their investments. Add to that the habit of stepping on too many toes. Many smaller startups are also making the same mistake.
very true. Same happened with bharat pe while ashneer grover was heading it. Usually they disrupt the business system but they have a false feeling they have disrupted the human kind. Many are rebel kind and the attitude towards formal procedure is very negative.
Your question have it's ans. It's a giant and it was first so it did many ignorance of laws , even didn't done kyc or other stuffs truly! You you ask i have proofs for aforesaid !
Coz nothing is straight & perfect if businesses have to grow. Rules are flexed & political machinery oiled , else get stepped on or business strangulated
If it would have complied then it would not have been the giant. Do you think other banks could not have done what Paytm did? They didn’t do it because of the laws and compliances. Remember the global economy meltdown? It was due to people not following regulations and making a mockery of laws.
Sharma I love the way you put in a lot of serious research in your presentation and how educating it is for world and especially the developing countries in Africa of which i would recommend special advice to them great please keep up the good work
Thanks for covering this important issue. As a proud Indian🇮🇳, I really love ♥ and have a lot of respect for the incredible work of Palki's highly captivating story regarding *How British looted 45 trillion from India* which unquestionably stands as a masterpiece of the highest quality. The content of the reporting is truly inspiring, and I thoroughly enjoyed watching it. The dedication, talent and hard work poured into the video are greatly appreciated by many. The Indian Union Public Service Commission has delivered a remarkable report titled संघ लोक सेवा आयोग *How Britishers killed 1.8 billion Indians. Chronology of British Raj's exploitative policies* | UPSC," is equally astounding. The Indian government consistently produces insightful and thought-provoking articles of the utmost caliber, and I sincerely hope they continue to produce such interesting exceptional work. Can it even get better than that? It should deserve an award for best report of the year. Thanks for telling the truth. Your show was really entertaining. I adore your passion
First, it was done over a very long period of 200+ years. Not all in one go. And it was the British policies and laws implemented that killed 1.8 billion Indians, not that they were executed
The two main policies that wiped out 1.8 billion Indians are: 1: Allocation of food: Since the British were at war all the time, they didn't have people to do the farming. They made India do agriculture and then take it away. causing a massive famine every week. 2: Plundering of India's natural resources The British forced Indians to mine all the natural minerals in their country and carry them to the ports to be shipped back to England every day. extremely dangerous jobs, and these poor Indians weren't fed, and hundreds of millions succumbed to the exhaustion. The whole of India was ruled by only a handful of Britishers. Why India chose to never fight back baffles many to this day. Maybe India is just obedient by nature.
Drawing upon my expertise in the behaviors and nesting habits of Indians, I can definitively state that Indians did not resist the invaders; instead, the invaders, including the British and various others, eventually withdrew when there is nothing left but a population of one billion Indians grappling with poverty and illiteracy-a challenging situation that nobody was eager to tackle.
First Post👍🏻. Precise content in short time.... that's i like it ....bcz no body want bullshit like other tv anchors who waste our time to repeat a single statement with hours and hours.
When Ant Financial was smacked down for trying to do the same as Paytm, Wuhan Virus Palki praised Jack Ma as the anti-China hero. Best coverage? It sure depends on whether she likes the country or not.
Vijay Shekhar is a very humble man, the innovation he started in India changed lives. He is not a fraud like Mallya or Neerav Modi, the app might have loop holes etc. but even Scamsters transfer money in known banks like SBI. ICIC etc. I hope Paytm gets serious and gets KYC in place and stars again, millions of lives depend on the transactions, I hope paytm revives.
No one is bigger than law , however bigger jiant they are but cyber security and money laundering are the concerns who can't ignored. I think RBI taken a right step and they even warn Paytm but they ignored it, so now they have to face the consequences.
The reality is when you don't have enough money to keep up, you go belly up, what I actually mean to say is when citizens do not have funds to stock up as cash to pay, plain and simple. But Palkee is still -peddling- parroting this fantasy to all Indians that India is still the number economy.
THANK YOU MADAM. Even though I make payment only through cash or through DEBIT CARD, YOUR EXPLAINATION IS CERTAINLY VERY CLEAR AND PRECISE, summing up the whole history of PAYTM and it's fall. THANK YOU AGAIN PALKI MADAM.
Kyc.....is it really a dysfunction....how many are really verified? Aren't banks just doing a formality by collecting documents..and information ..which eventually leaks. ?
The bigger question is why paytm became corrupt, allowed money laundering etc. and didnt follow the rule of the land. Was it deliberate, forced or inspired by its Chinese partners. There must be deeper investigation by the government of Indian.
Is it just because Chinese investors the government want to kill it, before it grow massive like alipay? Almost all foreign invested closed some reason like ford, IBM so on so forth
Patym has been phenomenal in surging economy. But it's regulatory macihenism failed to comply with RBi regulatory is not appreciated. So it's Presentcontoversy.palkiji analysed wonderfully
As always, clear and consice reporting. One request: please quote the numbers consistently, between "millions", "crores", "dollars", "rupees" and so on; it really gets confusing.
Thank you Palki Sharma for explaining this so lucidly as all ways.(1) Too much borrowing "does not matter how big you are".( Not fixing the problems on day to day basis), RBI did ample warning, Mr Vijay Shekhar Sharma must be out his dept or surrounded by lousey advises.Now Mr Vijay Shekhar Sharma has to carry the bucket, no one else to blame for his downfall.
What is important to understand is if RBI has published definite rules and regulations for startups? After all, we don't want to derail the startup eco system in India . Even Narendra Modi supported the Paytm firm during Covid times to go digital and hence Govt must also intervene and help Paytm.
why its paytm fault they are not following the rules of banking system its not about startup its about paytm payments bank which comes under banking regulation
Take it easy. Please see if you can get a waiting list number first. So many are already in the queue. Overseas viewers too.Cannot help it. This lady is too good to be true. Very beautiful and highly knowledgeable. Every presentation is a maximum of 10 minutes . Precise and concise.
Palki Sharma is the best journalist in recent times to bring the truth to the masses... Grassroot level realities exposed and common middle class people can get the insights of scams being performed by so called new age founders
Thanks to Palki for her conveying the paytm story in a very succint way! Go Palki! Go Palki! I have always admired your choice of words in news ! First post news without you is like eating Tender Mango without salt..Maza Nahi Aata Hai Madamji! ;) :) Running a business is tough but if anyone flaunts banking rules especially KYC then thats the first nail in the coffin ! Many nails followed with the sad downfall of Paytm. No matter what happens always go by the BOOK then everything will be smooth as silk.
RBI never want fintech to outpace Banks. From time to time they will keep coming with such decisions. This step will favour many Banks and Jio finance.
Madam now you have clarified it all. But the moot point is what happens to millions of users who have their bank accounts linked to make payments..?Whether it will be affected or not?Can u pl do another video to clarify these concerns?
This should be made a mandatory case study for every level of officialdom in the RBI and every bank under it's regulatory purview. There are lessons worth learning in here. A great report even though the suspects involved in the suspected cybercrimes, corruptions and money launderings were never mentioned. Not once.
READ BETWEEN THE LINES...it is so clear. It's not the regulatory rules but concerns/money raised/paid by other competitors made brought paytm to this level. It is sad.
Thanks Palki for a great presentation. Could you please ask your production team to tone down the harsh techno music at the start and end ? Its jarring on the ears.
PayTM I know was sure was serious about KYC, they'd followed to get it done with many i know of. Wondering how n why a basic like that wasnt followed despite repeatedly warnings !! Govt of India was always up for startups n digital payments, including the PM.
@@striker44 When a very big and powerful company of any country fails or falls, it makes waves in the media around the world even when it's just a local player...a big and powerful local player. There are so many examples. You want names?
This is the best example of how big giants bite the dust if they take rule books for granted.Despite getting several warnings from RBI paytm continued to be ignoring and finally the company which was surging, consided as impregnable giant in digital industry and had become indespensable for the people is about to be clobbered.Vijay sharma has been the culprit of this and whole community has been bearing the brunt of his reluctant behaviour.
Any business person can tell you paytm story in 2018. They were not even asking for aadhar card and blindly open accojnt just on name. It was so relaxed that sometime beneficary get suspecious of why its so easy and now we know why.
Lot has been said but these innovative giants need to comply with rules and feel the rbi transparent. Having said that u personally need to enforce bigger fines on these fintechs and let them run but if they fail to do so then game over
Dhruv Rathee's video on Paytm much better, directly exposes govt with brief explanation when and who all play nationalism card. Palki Sharma knows how to criticize all other govts or countries across the globe but becomes blind with Indian govt
Yeah I predicted that. I already told that Byjus and Paytm are going to fail. There is another unicorn in line. I won't take the name but I will give you the clue "Make Up Company"
Both paytm and Byju’s - within years of tasting success, greedily acquiring multiple smaller companies without proper research to raise itself to unicorn status to make money or releasing IPOs, accepting billions from investors without considering the consequences - had to fall. Old is always gold - slow and steady wins the race. When an investor approaches, do they think there’s no expectation on return ?
