The global slump did not spare the Indian markets. The Fed scare had shaved off about 4% from Nifty in just few trading sessions with serious collateral damage to the currency and Gsec yield. Indian Rupee breached the long-held support level of 80 to move near 82 while the ten year Gsec yield surged by over 15bps. With this, the decoupling debate has been put to rest.
Father’s Day: The financial legacy children truly inherit
Indian fathers are redefining legacy, moving beyond just assets to financial behaviour. The rise of micro-investing and digital platforms allows for consistent, small-scale participation, making