Government of India Floating rate Savings Bond, 2020 (Taxable)
Government of India has recently announced about the Taxable floating rate savings bond, 2020 with current interest rate of 7.15% reset every six months (0.35% above prevailing NSC rate). From 1st of July 2020 this will come in to the effect. This will enable the resident of India and the HUF to get the benefits...
Is it easy to stop the Red Dragon surge?
How does the existing India-China trade numbers look like? China is the second largest economy in the world, at $14 trillion, and India is the fifth largest, at $3 trillion – run deep. Numbers depict that there is no second thought about absolute reliance of India on China. In fiscal year 2019-20, Import from China...
Investing in Gold – Look before you Leap
From the beginning of April to the middle of May this year, Nippon India ETF (largest Gold ETF in India) has added 35,000 new investors – that is 17% increase in customers in just six weeks. What’s the fuss all about? Let us look at the return of Nippon India ETF Gold beES (largest gold...
Avoid the trap of ‘Recency Bias’
What is Recency bias? Recency Bias is the tendency of investors to take decisions based on recent events instead of long-term behavior of markets. Investors tend to extrapolate the situation and draw conclusions and they end up taking decisions merely on these conclusions. Why does this happen? Recency bias is basically an outcome...
Stimulus Package 4th Tranche: Focus on Structural Reforms – Key Highlights
What were the focus areas that were announced today by the FM? Finance Minister Nirmala Sitharaman announced the 4th tranche of building the “Atmanirbhar Bharat” – the focus today was on Structural Reforms – specially affecting sectors like Coal, Minerals, Defence production, Civil Aviation, Power Distribution, Social Infrastructure, Space Exploration and Atomic Energy. What were...
Financial Package 3rd Tranche for Agri related sectors – Key Highlights
What were the focus areas that were announced today by the FM? Finance Minister Nirmala Sitharaman announced the 3rd tranche of building the “Atmanirbhar Bharat” – which focuses on agriculture, irrigation, animal husbandry, fisheries, farm logistics. What were the major announcements for Agriculture? Eight Packages for building the capacity enhancement for agriculture & allied sector,...
Atmanirbhar Bharat – Financial Package 2nd tranche – Key Highlights
Here’s a brief synopsis of today’s announcement by FM – 2nd Tranche: What were the focus areas that were announced today by the FM? Finance Minister Nirmala Sitharaman announced the 2nd tranche of building the “Atmanirbhar Bharat” – which focuses on migrant workers, street vendors, small farmers, etc. – 9 packages in aggregate. What have...
Indian Government announces the second stimulus package to combat the economic crisis- Here’s all you need to know
In our previous article, we had suggested that the government will be out with a Part II of its Fiscal Stimulus when the lockdown starts to ease over – and here we are. Yesterday, our Honourable Prime Minister announced the Stimulus package of Rs. 20 Lakh Crores and today our Finance Minister shared its contours....
Indian Government Stimulus announced during Economic Crisis – 2008 vs 2020 – Part 2
In Part-1 we discussed what is stimulus and discussed the ones announced in the 2008 crisis. Now, taking a cue from 2008 – what can we expect this time? Can we compare the 2020 crisis with the Global Financial Crisis of 2008? Given the nature of the Covid-19 pandemic, there’s very little knowledge about the...