The Indian government has a target of turning India into a developed economy by 2047. From a generational point of view, Gen X (those born between 1965 and 1980) and Gen Y (born between 1981 and 1997) are seeing tectonic shifts during their peak earning phases, and their aspirations, tastes and preferences are undergoing similarly…
India is celebrating its 78th Independence Day tomorrow.This Independence Day is a good time for you to take concrete measures to be debt-free. When the debt level is exorbitant, it not only puts your wealth creation plan in jeopardy but also whittles away a sizeable part of your income in the form of interest. Let…
The current stock market boom has instilled a sense of euphoria in investors as their net worth soars alongside rising stock prices. However, this wave of optimism can easily breed complacency and overconfidence, making it crucial to remain cautious in such markets. Humans are uniquely prone to getting swept away during extreme timesâafter all, we…
Without getting moralistic, the question is whether there a way or framework to think about this in pure economic terms? That is what I attempt to do in this piece. My analysis is largely based on a research paper, âPerspectives: Explaining Influence Rents: The Case for an Institutions-Based Viewâ by Gautam Ahuja and Sai Yayavaramand,…
Thanks to the new tax regime which has done away with most exemptions and deductions, taxpayers are now redefining the way they tend to invest and save their income tax. One of the popular investment schemes among retail investors who want to save tax include Equity Linked Savings Scheme (ELSS) which enables investors to stay…
