The market’s disappointment with its own response to the tax cuts is hardly surprising. The market has this acute habit of hoping that all good things will come to its aid. Investors believe their portfolios have a natural right to benefit from path-breaking policy moves. The readiness of their invested…
Wanderlust is in the millennial DNA. The millennial dream is to expand, explore, and experience through travel. The millennial bucket list is filled with places to see, things to do, and cuisines to savor. It is well known that millennials would rather spend money on travel than on a house…
Falling Interest Rates The Repo rate is the rate at which the Reserve bank Of India lends to the banks. Reduction in Repo rate effect reduces the cost of borrowing across the economy and spur credit growth. Over the past four Monetary Policy Committee (MPC) meetings, the repo rate has…
It was a trading week that would best fit the Bollywood description of a potboiler. From fear to gloom, and then to despair, the market had almost given up when Friday reversed the mood magnificently to create a typical happy end to the week’s drama. The government decided that it…
How does India get to work? As per a recent survey conducted by ICE 360°, bicycles and two-wheelers are the vehicle of choice for most Indians in their daily commute to work. Even car owners prefer two-wheelers. More than half of the households in developed rural areas own a two-wheeler…
To sell 2% of a PSU the government destroyed 10% of its market cap. Nobody cared about the impact cost of disinvestment borne by existing shareholders. For the government to hit its targets, shareholders were made to pay dearly. Naturally, nobody trusts the government anymore and preferred selling PSUs at…
What is your most precious and costly asset? Undoubtedly, it must be, your house. In case your house gets damaged or destroyed, the emotional and financial pain of rebuilding a house or reinstalling its contents is painful, difficult and tedious. Home insurance is crucial in protecting you and your house…
It is becoming increasingly clear that liquidity will be sloshing all over. China has signaled its intent to cut rates and raise liquidity. India has already raised liquidity and promises to cut rates. Both countries are letting their currencies fall. The US is acting tough on China and making trade…
When you really think about it, your life and health are your family’s biggest assets. So, what would you peg as the financial value of your life? Most of us don’t know how much we’re worth. Many believe that life insurance is important. Life insurance is a sound risk management…
As we navigate through this year’s wedding season, attending ceremonies of our close friends and relatives, one question always plays through our mind: ‘What shall we gift them? Nowadays, people already have everything.’ Or do they? Getting married is a huge shift in one’s life, both from a personal and…
That death and taxes are the only certainties of life is a cliché. Each one of us would be willing to go the extra mile to reduce our tax liability. Insurance is the way to gain financial security and tax! Health Insurance Health insurance is a general insurance policy that…
The GDP data has been getting worse for a while. The latest Q1 data which came on Friday beat all expectations hollow on the downside. Clearly, it was a howler. The interesting point to note is the setting and drama that surrounded this release. The minister addressed a presser on…
