Finance Minister Nirmala Sitharaman presented the interim Union Budget for FY 2024-25 on February 1st, 2024. Here are some excerpts from the presentation: Fiscal Deficit In the Interim Union Budget of 2024-25, the government has revised India’s fiscal deficit target downwards to 5.8% of GDP for FY24 from the previously estimated 5.9% of GDP. It […]

If you have been investing for even a year or two, chances are you already have a mutual fund SIP running. ₹2,000 here, ₹5,000 there, quietly going in every month while you get on with life. It works. That is exactly why the SIP format has taken off the way it has in India. But […]

The RBI’s Monetary Policy Committee (MPC) conducted its monetary policy meeting from April 3-5, 2024. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) made the following announcements: These decisions are in consonance with the objective of achieving the medium term target for consumer price index (CPI) inflation […]

The RBI’s Monetary Policy Committee (MPC) conducted its monetary policy meeting from February 6-8, 2024. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) made the following announcements: These decisions are in consonance with the objective of achieving the medium term target for consumer price index (CPI) inflation […]

The RBI’s Monetary Policy Committee (MPC) conducted its monetary policy meeting from June 5-7, 2024. On the basis of an assessment of the evolving macroeconomic situation, the Monetary Policy Committee (MPC) made the following announcements: Part A: RBI’s Policy decision Rationale: 1. Inflation CPI headline inflation softened further during March-April, though persisting food inflation pressures […]

Open a list of mutual fund schemes and it’s normal to feel overwhelmed. There are hundreds of options, and the names don’t always tell you what you’re actually signing up for. The good news is that all the different types of mutual funds follow a basic logic: every fund invests in something specific, for a […]

Fiscal Deficit In the Union Budget for 2025-26, the government has set a fiscal deficit target of 4.4% of GDP for FY25-26, aligning with its goal of bringing the deficit below 4.5% by FY25-26. The revised fiscal deficit for FY24-25 stands at 4.8% of GDP, lower than the budgeted estimate of 4.9%. The details of […]

A corporate bond is a type of debt security issued by a corporation to raise capital. Investors who purchase a corporate bond lend money to the company for a specified period and receive periodic interest payments. At the end of the bond term, the company repays the bond’s principal. As of March 31, 2024, the […]

What Is a Debenture? Debenture is a type of bond / debt instrument issued by private companies or governments used to raise money or capital. These are issued to raise money to pay for a forthcoming project’s expenses or business development. These debt securities are a popular type of long-term debt that businesses borrow. Types […]