Today, I want to talk about something that might seem a bit technical, but it’s actually a really important indicator of the health of our economy. I’m referring to the loan growth data from banks. You might be thinking, “Loan growth? What’s that got to do with me?” Well, imagine the economy as a big engine. Banks…
The Indian rupee’s performance in 2024 has been nothing short of a disheartening. By the close of the year, the rupee depreciated by approximately 3% against the US dollar. While this may seem like a minor number to some, its implications are far-reaching. It influences everything, from the cost of imported goods to the returns…
Today, we mourn the loss of one of India’s most revered economists and a misunderstood Prime Minister, Mr. Manmohan Singh. Through this blog post, I want to share with you a few wisdom for our investment journey that I think we can extract from the life of this one of its kind person. I think…
This article is my way of showing respect to our Late Dr. Manmohan Singh (Former PM) on his day of demise. In 1991, India faced a financial crisis that required bold and decisive action. One of the most significant steps taken during that period was the devaluation of the Indian rupee. The decision, led by…
Insurance is an important part of personal finance. Whether you are looking to protect your health, your home, or your car, insurance helps shield you from financial losses. However, a recent report from the Insurance Regulatory and Development Authority of India (IRDAI) has revealed a worrying trend. Insurance penetration in India has been declining. In…
Let’s first understanding GDP. What Is GDP? Why is GDP numbers important for a country? Imagine you run a small chai (tea) shop. To figure out how successful you are, you keep track of the number of cups sold (volume), your earnings (turnover), and your expenses (cost of doing business). Now imagine doing this same…
India’s GDP growth for Q2 FY24-25 has fallen to 5.4%. It is a significant decline from the previous quarter Q1FY24-25 (6.7%). This slowdown is below expectations and raises questions about the future trajectory of the economy. In this blog post, I’ll break down why this happened and what it means for the economy. I’ll also…
India’s GDP growth rate for the second quarter of 2024-25 has drawn significant attention. Clocking in at 5.4%, this is the slowest pace we’ve seen in seven quarters. To put it simply, GDP is like the report card for the country’s economy. It shows how much it has grown (or shrunk) over a specific period….
![Indian Rupee Hits Record Low: A Historic Dip [2024]](https://ourwealthinsights.com/wp-content/uploads/2024/11/Indian-Rupee-Hits-Record-Low-Thumbnail-768x436.png)
In November’2024, the Indian Rupee has plummeted to a record low against the US Dollar. It marks a significant moment for India’s economy. On November 7, 2024, the rupee was valued at an unprecedented 84.29 against one dollar. It reflects a confluence of domestic and global economic situation prevailing around us. This depreciation is not…
The Indian government has recently announced a slew of new infrastructure projects to transform urban areas across the country. This push for infrastructure development is a crucial economic growth driver. These projects have the potential to impact various sectors and boost overall economic activity positively. The government’s focus on infrastructure is part of a broader strategy…
India’s economic landscape has evolved from a primarily agrarian society to a diverse economy with robust industrial and service sectors. Post-1991 liberalization, trade policies shifted, leading to increased global integration. Despite growth, trade deficits have persisted, reflecting challenges in balancing imports and exports in an ever evolving market. A trade deficit occurs when a country’s…
The stock market is like a busy marketplace where people buy and sell ownership in companies. It’s where we can become part-owners of big names like Nestle, TCS, HDFC Bank, etc. Imagine it as a giant auction where shares of companies are traded, and the prices constantly go up and down. There is a correlation…
