Build A Money Mindset
It has been an incredible journey, starting from a modest annual salary of Rs6000 to earninga seven-figure salary and beyond & giving up everything to #bootstrap a start-up. Here’s aconcise summary of the key steps:
It has been an incredible journey, starting from a modest annual salary of Rs6000 to earninga seven-figure salary and beyond & giving up everything to #bootstrap a start-up. Here’s aconcise summary of the key steps:
Steps to Creating a plan for generational wealth, this involves careful financial and estateplanning to ensure the long-term preservation and growth of wealth across multiplegenerations. Here are some steps to help you get started:
Domestic equity markets rose during the month under review with key
benchmark indices S&P BSE Sensex and Nifty 50 gaining more than 3%
each. Nifty 50 reclaimed the 18,000 mark, while the S&P BSE Sensex closed
above 61,000. The market rally was broad based as the mid cap segment and the small cap segment also closed the month in green
The Monetary Policy Committee (MPC) in its first bi-monthly monetary
policy review of FY24 kept key policy repo rate unchanged at 6.50% with
immediate effect, after six consecutive rate hikes. All six members
unanimously voted to keep the policy repo rate unchanged. Since May
Domestic equity markets rose initially during the month under review on the
back of upbeat domestic macroeconomic data for Feb 2023. Markets also
benefitted after an Indian multinational conglomerate took steps to restore
investors’ trust which recently faced criticism for corporate misgovernance.
Domestic equity markets rose initially during the month under review as
market participants gave thumbs up to the Union Budget 2023. The
government in the Union Budget increased its outlay on capital expenditure,
Domestic equity markets fell earlier during the month after U.S. Federal
Reserve’s meeting minutes for Dec 2022 indicated that the U.S. Federal
Reserve will continue to raise interest rates to contain inflation.
Domestic equity markets fell initially during the month under review after the Reserve Bank of India led Monetary Policy Committee (MPC) raised key
policy repo rate by 35 bps and downgraded the growth projections of the Indian economy for the current fiscal to 6.8% from the earlier projection of 7% in its monetary policy review
Domestic equity markets rose during the month under review as key domestic
headline indices S&P BSE Sensex and Nifty 50 crossed psychologically
important levels of 63,000 and 18,700, respectively. Thus, both the indices
during the month rose to fresh lifetime peaks as they snubbed the volatility in
global equity markets. The market rally was broad based as gains were
witnessed in the mid cap segment and small cap segment as well
Domestic equity markets commenced the month on a positive note following
weak economic data from U.S. Weak U.S. economic data was good news for
the markets as it led to hopes that the U.S. Federal Reserve might consider
slowing down the pace of rate hikes moving ahead. Data showed that the
pace of U.S. manufacturing activity grew at its slowest pace in 30 months in
Sep 2022 which eased concerns over aggressive monetary policy tightening
by the U.S. Federal Reserve