Wednesday, May 18, 2016

The way back for monetary policy

The central banks of major advanced economies have been navigating uncharted territory in recent years. While their use of a range of unconventional monetary-policy tools has had benefits, it has also generated significant uncertainty, without fully stabilizing the world economy. Read more at http://www.livemint.com/Opinion/Ju5hmBV1rBw4sapWDGMdcK/The-way-back-for-monetary-policy.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter

Tuesday, May 17, 2016

Consumer confidence at 9-year high

For the first time in nine years, India's has soared to levels of 134 for the March 2016 quarter, pointing to optimism that people here feel about job prospects, personal finance and spending. It was in the first half of 2007 that India had achieved a consumer confidence index of 135 ahead of Norway, which was then ranked second globally with an index of 132. 
Read more at http://www.business-standard.com/article/companies/consumer-confidence-at-9-year-high-116051800051_1.html

Sunday, May 15, 2016

Profit margins to six-year highs

Operating profit margins of top Indian companies continued to expand in the March quarter, and rose to their highest level in at least six years, benefitting from the lag impact of the decline in commodity prices. Read more at http://www.livemint.com/Companies/ym672PyYMe28dFGKgECs7M/Lower-raw-material-costs-drive-profit-margins-to-sixyear-hi.html

Risk cover for your home loan

Rangan is 35 years old, married, has twins aged three years. His wife, Ragini, is a home-maker. She teaches music to a few young aspirants and earns a small amount of money every month that takes care of her personal expenses. But Rangan is the main earning member of the family. He works for an IT company, earns well, has a home loan which still has another 17 years of repayment (Rs.50 lakh more to be paid including principal and interest), has a car loan to be paid for another three years, and has to take care of his children’s education over the next 20 years. 
Read more at http://www.thehindu.com/todays-paper/tp-features/tp-propertyplus/risk-cover-for-your-home-loan/article8597495.ece