fed rate cuts: In most cycles, recessions come after first rate cut; be wary as soft landings are tough to achieve: Charu Chanana

fed rate cuts: In most cycles, recessions come after first rate cut; be wary as soft landings are tough to achieve: Charu Chanana

Charu Chanana, Global Market Strategist & Head of FX Strategy, Saxo Markets, says overall the message from global data is pretty clear that we are going into a slowdown. What we need to watch out for is whether that slowdown comes abruptly, which is what puts the markets in a more difficult position. But if … Read more

Wealth management and the triple multiplier effect

Wealth management and the triple multiplier effect

India’s wealth management industry is entering a pivotal phase, with current assets under management (AUM) estimated between $1-1.2 trillion. As India accelerates its trajectory as the fastest-growing economy coupled with a dynamic investment landscape, the Indian wealth management industry is poised for sufficient expansion. This growth is underpinned by the ‘Triple Multiplier Effect’ – the … Read more

Deposits still most preferred instrument of saving: RBI article

Deposits still most preferred instrument of saving: RBI article

Mumbai: Deposits are still the most preferred instrument of saving in India although market-based instruments are gaining share, said an article published in the Reserve Bank’s July Bulletin. The article provides estimates of quarterly financial balance sheet of households and their net financial wealth for 2011-12 to 2022-23. The article has been authored by Anupam … Read more