All about money that one needs
So you quickly repaid a big part of your home loan because the interest rates went up did you? Welcome to the world of fluctuating interest rates! Interest rates play an important role in your personal finances. The RBI tries to raise or lower key interest rates that trickle down and affects everything – from [...]
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Last week markets remained up due to good global cues. I was shocked as US (Obama) is giving Pakistan 100 billion $ loan for its economic upliftments. US is actually playing double sided game. It is giving Pakistan this amount as it has supported its Afghanistan base. The Satyam and Maytas deal was called off [...]
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India‘s annual inflation rate dropped to a nine-month low below 7 percent in early December, helped by falling fuel prices and raising the prospect of deeper interest rate cuts in coming weeks. India’s wholesale price index , its most widely watched inflation measure, rose 6.84 percent in the 12 months to Dec. 6, sharply below [...]
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Inflation falls further more at 8%. Reutres Poll expected the same numbers. Continuing its southward journey, the headline inflation fell further to 8 per cent during the week ended November 29 from 8.4 per cent a week earlier. This is the slowest rise since mid-April when inflation was at 7.95 per cent. Inflation had surged [...]
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Inflation fell for the fourth consecutive week to almost a five-month low at 8.40%, providing space for RBI to cut interest rates to spur economic growth amid fears of moderation. The wholesale price index declined by 44 basis points (bps) for the week ended November 22, from 8.84% a week ago. The annual rate of [...]
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The annual Wholesale Price Index-based inflation rose 8.84 per cent for the week ended November 15, marginally down from the previous week’s yearly rise of 8.90 per cent. The latest WPI inflation rate was the lowest reading since May 17 and well below early August’s peak of 12.91 per cent. The official WPI for ‘All [...]
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Indian Stock Markets have witnessed a worst hit. Indian markets are now down over 57% from its peak. Its almost at its 3 years low. Markets need a good breath now. Traders are worried and even Investors. Recession has covered the whole globe. No one has been left out. No fundamentals in markets as of [...]
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The Full week was dull almost every day we saw a red stroke or a downtrend but an excellent pulback of 464 points on SENSEX i.e 5.5%. on Friday. The whole week markets were mainly down because of bad global cues. Inflation in single digits thats cool. Crude Oil sliped below 50$ before recovering. Thats [...]
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Inflation fall marginally at 8.90 compared to 8.98 last week. Inflation slipped to single digit after 21 weeks at the beginning of this month. Analysts said a decline in global commodity prices, robust domestic agricultural output and a fall in demand in a slowing economy helped bring the rate to single-digits well ahead of earlier [...]
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MoM here refers to Month on Month basis. Indian gov. is soon going to introduce or release inflation numbers estimated and calculate on MoM basis (Month on Month) currently inflation is calculated on YoY basis (Year on Year). This is an attempt by Gov to give accurate inflation figures. According to Gov. sources calculating inflation [...]
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