đ° Citing Indiaâs stellar performance in 2023. Moodyâs raises Indiaâs GDP Forecast for 2024 to 6.8%. Earlier they projected it to be at 6.1%. A big shift. đ° India will remain the fastest growing large Economy for the next 2 years. I see this growth even prolonged for this decade, as China continues to Struggle. […]
đ° There is a spree of NFO (New Fund offer) being rolled out from MFs. This is after a SEBI mandate that a fund house can only have one fund in a particular category. đŻ Fund houses create a lot of buzz around it to garner as much funds as possible. And with so much […]
India is set to become the third-largest economy by 2030 and will be the fastest growing economy in the next three years.- S&P Global- Global Credit Outlook 2024- Report. What returns should investors Expect from Equity Markets? Markets are the reflector of the Real economy, and here I mean by âRealâ is the Nominal GDP, […]
RBI has introduced an innovative centralized platform called UDGAM (Unclaimed Deposits â Gateway to Access Information). It allows you to explore unclaimed deposits across various Indian banks through a unified interface. Its primary objective is to centralise data from different banks, which will make it easier for individuals to search and retrieve their forgotten deposits. PSUs […]
đ 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. đ Why did it happen ? Last decade US Equities did phenomenally well, Cryptos […]
Finite games are the one which have clear endpoint. Like Football, cricket etc. Infinite Games like business, politics & WAR, don’t have a clear measurable end point. – Simon Sinek. Russia has clear intent to have to Conquer Kyiv. But UKRAINE is Playing to outlast the war, Frustrate & wear out the Russian army. Coz they understand that’s the only way they […]
EVERGRANDE: It’s China’s Second largest Real Estate Developers and has a Ballooning DEBT of over $300 BILLION. Currently it’s in NO POSITION to repay back Debt to its Bondholders or even complete it’s outstanding Projects. It’s a Fortune 500 Company. It’s Stock Price was down over 10% today and sending a fear wave across the […]