Advanced

Since the last RBI policy meet, global growth-inflation dynamics have changed drastically with increased risks of a synchronized global slowdown due to tight financial conditions & weak consumer sentiment. The US economy registered two consecutive quarters of negative growth. Global commodity prices have fallen meaningfully with Bloomberg commodity & agriculture spot index dropping by 11.3% & 18%, respectively in INR terms since June 8th, the last RBI policy (Source: Bloomberg).

We have often heard this phrase in relation to sports, especially when top-notch players seem to be going through a rough patch. Many of us may recall how the same was said about former cricketer Sachin Tendulkar when he was going through a similar phase. It was only after he scored his 100 th century that his critics accepted that ‘class is permanent’.

On 15th August 2021, India will celebrate its 75th Independence Day. Millions of freedom fighters lost their lives in this endeavour of unshackling India from British rule. As the country prepares to celebrate this milestone, it could also be an excellent opportunity for us to focus on independence on a more personal level, especially for matters related to our financial life. 

Starting your own business may call for some initial seed capital apart from your time and focus on the venture. When one plans to start a business, it is always helpful to have some accumulated savings.

Flexible Investment Horizon

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Curabitur laoreet porta enim, a vehicula libero elementum eget.

The issue which has been at the center stage over the last few weeks is the impact from the spread of Corona Virus/ COVID-19 on overall economic health of global as well as the Indian economy. Initially, thefocus was on the disruption of the global supply chain given that China is at the nucleus. However, it is now clear that this is a large demand shock to the global economy due to the shutdowns and the persistent fear. Global economic activity is likely to fall sharply in H1CY20. Most asset classes worldwide particularly commodities, bonds etc.