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 […]
Off lately I came across an elderly person, in his early 70s, a stage of life when one would want to feel financially secure and heavily depend on his life’s savings, realized what he is left with in the retirement corpus would now barely serve for next 4-5 years if he continues to maintain current […]
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 […]
For New Year 2020 Global headline hovered around Coronavirus Epidemic &as of today, it has blown out more than one could guess. It threatens to rattle global economic growth. Last Friday was typically bad for US markets with the Dow & S&P500 Index recording one of their biggest single-day Fall, yesterday. Indian Markets were opened on […]