Retirement is an important phase in one’s life. It changes the dynamics of our financial life in the view of change in cash flows. The actions we take during our employment determine the corpus we build for post our retirement phase. In India Employee Provident Fund (EPF) is one of the traditional routes to save…
DetailsThe months of October and November witness heightened activity in auto sales in India. The car manufacturers and dealers across the country come up with various festive discounts to support the festive sentiments of consumers. Most of us delay our decision to buy a car till the festival season in order to take advantage of…
DetailsDuring the third quarter of the year, the developed economies showed signs of improvement which in turn weighed heavily on the developing economies. The US economy started the quarter on a positive note by posting an increase of 2.5% in GDP during the quarter ending in June. The data supporting the expansion of manufacturing activity…
DetailsSeptember 2013, marked the five year anniversary of the recession which started in September of 2008. The developed markets made a significant progress starting 2013. Despite some volatility, US markets continued their good show during the third quarter as well. The quarter, however, the market movements were dominated by the speculation around Fed’s tapering of…
DetailsCommodity markets experienced a mixed quarter. While the commodity markets found positives in improved economic conditions across the globe, the gains were limited due to excessive supply of metals. The Crude oil prices in July were driven by strong dollar and increased economic activity across the globe. The increased economic activity spurred hopes for heightened demand for crude…
DetailsDuring the second quarter the interest sensitive categories of Fixed Income like the investment grade bonds saw negative returns. This sell off was broad based across other sections of Fixed Income long durations bonds being the worst performers amongst the pack. Treasury Inflation Protected Securities (TIPS) rates took a beating as inflation expectations declined. Towards the end of…
DetailsGold, which started the year on a negative note, regained some lost ground during the quarter ending in September. Statements supporting continuation of stimulus measures in US and tensions mounting in Syria crisis were the major factors which helped gold post gains in the quarter. The economic data from the US has been strong since…
DetailsFollowing the global financial crisis of 2008, RBI lowered key policy rates to help industry from slowing down and impacting economy adversely. Between 2008 and 2009 the policy rates were reduced to revive the business cycle in the country. However, owing to inflationary pressure RBI had to manage higher inflation rates along with growth push.…
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Financial decisions related to tax savings are an important part of one’s financial life. Often we tend to take tax planning decisions without assessing out total tax structure and the products we are opting for. Most of the personal finance mistakes by professionals are done during the tax season. The following are most common tax…
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