Despite massive pessimism around the global economy right since the start of the COVID crisis, the global economy has reshaped and fought back. The year 2022 brought back again fear of recession in developed economies. But investing prudence always lies in looking at the larger picture not only at a chip of the block. […]
Ever wondered how Rakesh Jhunjhunwala made Rs 46,000 crore from a humble Rs 5000? He made his First Investment in TATA Tea in 1985 and managed to Triple it up in the next 6 Months, but his BIG bet which helped him strike gold was his Investment in TITAN, he invested in Titan at a time when no one would have known […]
📍 Last 10 years (2012-2022) Gold didn’t deliver what it is thought to be. Price in USD term just hovered between 1750-1950. But it’s an Asset which is Known for its lumpy returns. Years of Non-perfomance and then a sudden spurt. 📍 Why did it happen ? Last decade US Equities did phenomenally well, Cryptos […]
Challenge for India: The Big One which hurts the world: Russia is the second-largest oil exporter after Saudi Arabia and the world’s top producer of natural gas. It had an annual average of 10.5 million barrels per day (b/d) in total liquid fuels production. Oil price shot up over 7%, today and crossed the US$103 per barrel […]
Dashing hopes of a populist pre-election budget, this time FM focused on Core economy and its further revival. With GDP growth pegged at near 9%, one of the highest amongst large economies, FM tried to further strengthen it. India sees a 8-8.5% GDP growth in FY23. Projected 2021-22 real GDP growth at 9.2%. “For an […]
🖊️ India Inc Continues to roll good and steady last Quater Results. Axis Bank yesterday declared stupendous results. Net Profit Soaring 224% (Y-O-Y). 🖊️ But unfortunately we are stung by Global events. US Record High inflation is nudging US FED to come out and Increase Interest rates.( Stock Markets don’t like it. 👎.) 🖊️ Crude […]
2022 brought in Two thing, first one not so good, Omicron led third Covid wave in India, Secondly, quiet pleasantly it also brought back the sulked FII (foreign Institutional Investors) who have been selling out of Indian markets since April 2021. First 3 Trading days of 2022 saw FII buying back and it’s the reason […]