The surging cost of housing, gas, and food has catapulted to 7.9% inflation in the past year. Since 1982, this has been the sharpest spike and forewarning of further rise of prices. But even before the Russia-Ukraine war accelerated the price hikes, in four decades, the inflation in the United States reached its highest levels. …
India’s Stalling Economy in 2019 India’s GDP growth has decelerated for the last 8 months. However, experts would argue that it’s been slowing down since the middle of 2018. In the April to June quarter of 2019, growth in India’s GDP grew by 5%. This number had been anticipated by experts as India’s economic growth has …
With the evolution of the capital markets, new ideas and strategies are reaching Indian shores. The acceptance of fresh ideas leads to the emergence of new investment strategies, which eventually result in new financial products. The latest idea to gain traction in Indian investing circles is thematic investing. However, thematic investing in India is yet to gain …
The Reuters consensus estimate for GDP growth for the first quarter ended June 2017 was slightly lower at 6.6%. However, the GDP growth for first quarter announced on 31st August was nearly 100 basis points lower than the Reuters consensus. For the quarter ended June 2017, the MOSPI announced India’s annualised GDP growth at 5.7% with …
So, you have begun your journey towards your long term goals with a well crafted financial plan. But financial plans are, by default, dynamic. That means you need to tweak your financial plan according to the situation and the budget is an important trigger. Does the Union Budget really trigger the need to tweak your …
The IIP for the month of July 2017 was slightly higher at 1.2% compared to the negative growth shown in the month of June. However, manufacturing continued to disappoint. This IIP number was important for a variety of reasons. For the first quarter ended June 2017, the GDP had come at a multi-year low of …
It is natural to look at the Union Budget each year from the point of view of the equity markets. The Sensex and the Nifty have been the barometers of market value and market sentiments and their gyrations best reflect the market interpretation of the Union Budget. If you look back at the last 2 …
Retail CPI inflation for the month of August 2017 came in sharply higher at 3.36%. This is 100 bps higher than the inflation level in July and 190 bps higher than the level in June this year. This was a concern that the RBI had repeatedly expressed through the Monetary Policy Committee (MPC). In fact, …
Reduction of debt should be at the core of your personal financial planning. Managing your debt is the first step towards planning your personal finances. Your debt could come in a variety of ways — your credit card payments, car loans, home loans, personal loans, informal loans, etc. Even before you consider insurance and investment, …
Union budget 2018 has actually been a big picture budget. It has not been about the nuances of taxes and levies but it has been more about the macro issues and the focus areas for the government from an economic perspective. The following new initiatives in the Union Budget are critical from the long term …
