Expectation is that the government may continue with indicated allocation of funds for Capex in interim budget and social welfare schemes. This optimism is fueled by the RBI's recent windfall dividend distribution (you can refer to our “Health of your Wealth – May 2024” blog for more details regarding RBI’s dividend payout to Government)., which has provided a boost to the government's finances.
However, the challenge of balancing the expectations of coalition partners may also influence the allocation of funds. Despite these challenges, hopes are about the Govt’s continuous priority on infra projects and social programs, driving economic growth and development.
Robust Economic Growth for India in FY24 | India's credit rating receives long-awaited boost | Phenomenal 141% Surge in Net Income of RBI for the FY 24 | Earnings Review of Nifty 50 companies in FY 2024 | What's Ahead: Market Outlook Post-Election Results
RBI has implemented a pilot central bank digital currency (CBDC) in 4 cities aimed to complement, rather than replace, current forms of money and will provide an additional payment avenue to users, not replace the existing payment systems. The article takes a look at the pros and cons of the same.
Over the past six months the market has swung from all-time highs to a low and now a place where people believe that the worst may be over. Where is the global market headed? The article tries to make some sense of the ensuing mayhem to arrive at a consensus.
When the US fiscal deficit was high AND when the US debt to GDP was high AND when the US printed money abundantly, gold performs better. This was the situation in between 1970-80, 2000-2011. Today we are seeing a gold run again. The current situation is familiar- US debt to GDP is high and the US Fed is printing money every day and gold should do better as per historical patterns. But based on the past 10-year historical returns, investors are still skeptical about adding gold. The article looks at how safe is it invest in gold and in what proportion?
The 10-year benchmark yield settled at 6.20% on 31st July • Metals and Mining, Soft commodities (Sugar) consolidated their leadership position for the third consecutive month • Indian markets are 104% of GDP - higher than the historical average 75% of GDP.
In light of Covid, a large marketing opportunity is being seen by Health insurance companies. It is after all the fastest growing segment of insurance and it is being fueled by fear. A lot of people are getting hounded by medical insurance call centers and are being extolled the virtues of joining their medical insurance plan. The article looks at how to choose a medical insurance plan for the family?
A good Financial Plan looks at the investor’s current Financial Situation, Profiles him for the risk that he can tolerate and the Time Horizon of the proposed goals. Most good certified planners would prepare a sound long term holistic financial plan for you based on your risk profile, help you to define your financial goals and then do an asset allocation (with contingency plans built in) with you.
Returns on debt related investments and FDs are comparatively low and are steady – around 4% to 6% per annum today. But these returns are usually lower than the inflation rate. It is but natural therefore that we want higher returns than FDs and so we invest in other investments such as equities, gold, real estate, etc. The article looks at catches and risks which we must understand clearly and also accept if we want these higher returns.
