THE SENSEX ROLLERCOASTER
In the past few weeks, the plummeting and rising of the Sensex made for interesting turn of events. This has been a roller coaster month for the financial markets. And inflation numbers released last week seem to confirm the worst fears about the state of India’s economy. With the uncertainty growing, a sustained spell of inflation could dampen growth efforts and cause hardship for most of the population already suffering from a sharp slowdown.
What is happening to the Indian Rupee right now?
RBI has now acknowledged the pressure arising out of commodity led inflation due to geo-political tensions and revised the inflation target upwards to 5.70% for FY23 and lowered its GDP estimates to 7.20% from 7.80% projected earlier.
RBI' Policy Action: Impact on the Markets
To contain the inflation globally, the US FED had been threatening to raise the interest rate for the past couple of quarters which was putting a scare into the US markets and finally the much awaited action took place a day after the RBI Policy change.
The US Fed Rate Hike and how it can effect your investments.
In this time of violent turbulence providing impetus to the bears, we also had two fund managers from Axis Mutual Fund who were suspended and later terminated due to a front running case - a point of non-compliance amidst all this chaos.
The Wolves of Dalal Street
Just to round off, on a very personal front, we have been privy to some of the issues which arose based on the T&C of health insurance policies. We wanted to bring more clarity on some of those T&C and clauses in the fine print of health insurance policies so that you will be able to take an informed decision before either buying a health insurance policy or going in for hospitalization.
Health Insurance - it's all in the Fine Print!
THE SENSEX ROLLERCOASTER
In the past few weeks, the plummeting and rising of the Sensex made for interesting turn of events. This has been a roller coaster month for the financial markets. And inflation numbers released last week seem to confirm the worst fears about the state of India’s economy. With the uncertainty growing, a sustained spell of inflation could dampen growth efforts and cause hardship for most of the population already suffering from a sharp slowdown.
What is happening to the Indian Rupee right now?
RBI has now acknowledged the pressure arising out of commodity led inflation due to geo-political tensions and revised the inflation target upwards to 5.70% for FY23 and lowered its GDP estimates to 7.20% from 7.80% projected earlier.
RBI' Policy Action: Impact on the Markets
To contain the inflation globally, the US FED had been threatening to raise the interest rate for the past couple of quarters which was putting a scare into the US markets and finally the much awaited action took place a day after the RBI Policy change.
The US Fed Rate Hike and how it can effect your investments.
In this time of violent turbulence providing impetus to the bears, we also had two fund managers from Axis Mutual Fund who were suspended and later terminated due to a front running case - a point of non-compliance amidst all this chaos.
The Wolves of Dalal Street
Just to round off, on a very personal front, we have been privy to some of the issues which arose based on the T&C of health insurance policies. We wanted to bring more clarity on some of those T&C and clauses in the fine print of health insurance policies so that you will be able to take an informed decision before either buying a health insurance policy or going in for hospitalization.
Health Insurance - it's all in the Fine Print!
