We started 2022 with peak of equity market followed by Ukraine war, historical high US inflation rate, hikes in interest rate by central Banks and oil price volatility. The market reacted adversely to global uncertainties. The latest uncertainty is the bizarre China Covid 19 policy. But India has handled Covid effectively, managed macro-economic fundamentals well amidst uncertainties. The inflation has started moderating, is below 6% now and likely to go down further as per RBI’s assessment. As per IMF, India is the highest GDP growing economy in the world today. The credit growth has picked up and non food credit […]

Parents in India believe in providing full financial support for children’s higher education. The moot point is; Would you pay for your child’s higher education abroad, even if it means dipping into your retirement kitty? For many, it is an investment into their child’s future, and by extension their own. There is a difference in the way many parents look at it and the right way to look at it. We have seen parents struggling to honour the EMIs even after retirement by resorting to Debt. They believe “that is what a good parent would do”. Parents also believe to […]