As expected yesterday, the RBI chief did come out with some
key measures which will be instrumental towards curbing inflation. He increased
the repurchase rate by 25 basis points, or 0.25 percentage point, yesterday to
7.75 percent, the second increase in two months. He also cut the marginal
standing facility, or MSF, and bank rates by 25 basis points to 8.75 percent.
These steps will ensure that there is enough liquidity in the market, observed Sachin Karpe.
Wednesday, October 30, 2013
RBI announcements to bring a temporary cheer?
Friday, October 25, 2013
Subsidy rollover really a gimmick?
Sachin Karpe feels that India’s subsidy reshuffle and
rolling it over to the budget of next fiscal will see some strategic
advantages.
The step is taken by
finance minister P Chidambaram to portray the meeting of fiscal deficit target.
The ballooning subsidies have always offered respite to the citizens of India
but have continued to hurt the pockets of government. Due to the
socio-political advantage it offers, subsidies have prevailed in important
segments like fuel.
Friday, October 18, 2013
India one of the nations to have large number of HNIs: Sachin Karpe
Credit Suisse released its Global Wealth Report for 2013
with some surprising insights. Top 1% of the population owns 46% of the global
wealth, which indicates a huge disparity in wealth distribution, cites Sachin Karpe.
Thursday, October 3, 2013
How should a youngster invest? : Part 1
Investment should
ideally begin at an early stage when there are no responsibilities and one can
easily divert funds for saving, advices SachinKarpe.
How should a youngster invest? : Part 4
Most people usually stop at comfort and never aspire to
achieve more. They must be faced with some apprehensions that stops them from
moving ahead, feels Sachin Karpe. To
become rich, and not just comfortable, you need to think beyond an average
investor. It is not merely about investing money but about
Multifamily offices in India, a brief by Sachin Karpe
Multifamily
offices, a trend lesser known in India but soon-to-pick up, holds lot of
opportunities for wealth managers, says Sachin
Karpe. A veteran banker, SachinKarpe has set up India’s largest multifamily office in India. He gives a
small brief on the business of MFOs in India.
Tuesday, October 1, 2013
How should a youngster invest? : Part 3
Once you have attained security of your investment, you are in a
comfortable position to move ahead, opines SachinKarpe. Comfortable here would mean, staying comfortable without worrying
much about having less money. A house of your own, a proper retirement plan,
child education planning, health and medial planning are investments that will
make you comfortable, explains SachinKarpe.
These goals can be achieved by investments in life insurances, mutual
funds, SIPs, infrastructure bonds etc that help reduce your tax burden under
Income Tax Act 1961 section 80cc, SachinKarpe tells us while educating on tax rebates. With these investments you
can lead a comfortable and a content life. But to lead an abundant life, stay
tunes to this space.
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