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Showing posts from August, 2023

This Raksha Bandhan – Promise to Protect Financial Interests of Your Loved Ones

India is a land of Festivals. Traditionally India had been an agrarian society and had prospered immensely on agriculture. Prosperity brought celebration in our lives along with responsibility. Sense of responsibility towards our fellow beings in the society including non-humans reflects in our festivals and in our rituals.   One such festival that evokes responsibility among Indians and especially Hindus is “Raksha Bandhan”. In its most popular interpretation – on this day brothers reassure and promise to protect all interests of their sisters and against all evils in their sister’s lives. On this Raksha Bandhan, let this promise be not restricted to some gifts and a promise to protect them physically but expand its scope, both in terms of relation and scope of protection. This year include all those people who are dependent on you and provide them your umbrella of protection. They could be your parents, your siblings, children, life partner, employees and any other. Scope of ...

Two Sides of a Coin – Which One Do You See

  " A market is the combined behavior of thousands of people responding to information, misinformation, and whim. " - Kenneth Chang Every coin has two sides and we can’t see both the sides at the same time. Similar is the interpretation of news, information or data. Like, over past three months FIIs have pumped in more than 1.4 lakh crores into Indian stock markets which helped Largecap indices gain over 15%. This is one side of the story. Last week same FIIs withdrew around 10,000 crores from Indian stock markets due to rising bond yields in USA. Indian stock markets also fell by around 5% before showing recovery on Friday and now at the time of writing this blog. – This is another side of the story. We have seen inflation data that has very much been within the tolerance range of RBI. But for almost a month food inflation is on the rise especially of fruits and vegetables. You must have been receiving a lot of memes around tomatoes. Same dilemma – how do you interpret suc...