‘Why dealing with cash makes us more honest? Why a 50-cent aspirin can do what a penny aspirin cannot? Keep listening for more

RBI increased the policy rate by 50 basis points. Bank of England also raises interest rate by 50 basis points and warns of a long recession ahead. Today’s special topic is XIRR as why it is the most accurate method to calculate the returns from an investment. 

The US has entered a recession. The US central bank continues to increase its policy rates to bring down inflation.  Last week, it raised its rates by 75 basis points. Also in today's episode we talk about active versus passive investing. Happy listening. 

The government of India reduces excise duty on petrol and diesel. The minutes of the FOMC meeting provide relief to the markets, no 75 basis point rate hike in the next 2 policy meetings. Keep listening for more.

The RBI is likely to front load the rate hike cycle. The US Fed chair Powell wants to raise policy rates, if required aggressively to control inflation. China has reduced the medium-to-long term interest rates to revive economic growth. Keep listening for more. 

Inflation in US continues to remain above 8%. Now, India’s inflation is touching almost 8%. Markets in India and US remained very volatile and ended mostly in red last week. Keep listening for more.

RBI surprised the market by announcing a sudden increase in its key policy rate. The Fed announced its policy rate rise in the next 24 hours, which was expected. The Bank of England has warned about double digit inflation. Keep listening for more. 

After Russia cut off gas supply to 2 European nations, the tension between Russia and Europe is escalating. Crude prices rallied last week. The lockdowns in China is slowing down economic growth. This may keep commodities under pressure. Keep listening for more. 

Due to the crisis in Ukraine, the global growth will be lower this year, as per the reports of the international organisations. The flash PMI estimates are showing mixed trends in US and Eurozone. Inflation in India remains a big concern. Keep listening for more.

Monetary policies in three developed countries - Canada, New Zealand and ECB show that the world is grappling with inflation worries and the central banks are increasing rates quickly (except ECB who is still maintaining an accommodative policy). The high CPI inflation number in India throws up fresh challenges for the RBI. Keep listening for more.