REPO rate reduction of 0.25% is making the Indian investors excited. Investors believe this will trigger higher off-take of loans, higher economic activities. In reality, cheap money only can’t trigger more demand or higher capacity built up. There are several other factors. However, in this post, we will know about the RBI’s interest rate management. RBI manages liquidity in the market and inflation with REPO … Continue reading The Impact of REPO Rate on Your Pocket and Business
“Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.” Martin Luther King, Jr. Most of us are only interested in tax rates as far as the Union Budget is concerned. However, there is more to the budget which impacts our life. Tax rates are only a part of the overall impact. Now Indirect tax rates are decided by the GST Council. So for the common … Continue reading Economy, Union Budget, and Your Ignorance. What You MUST Know?
Do you know what is common between you and the RBI? Both deal with inflation daily. Both want it to go down. But the power of inflation is so high that RBI struggles and people suffer. What actually the inflation is? You hear about the inflation daily but many of you neither know the real meaning of the word inflation nor know how it impacts … Continue reading Why You Need to Know About the Inflation?