Let's Talk Money with Monika Halan

What slowing GDP means for you


Listen Later

In this episode, Monika examines India’s slowing GDP growth, which fell to 5.4% in the second quarter (June-September 2024), pulling the first-half growth to 6%. A sluggish industrial sector, slower urban consumption, and muted private investments are key drivers, while rural spending and services have shown resilience. To meet the RBI’s projected 7% growth, faster economic activity is essential—a goal that now seems unlikely. Monika explores potential government spending and RBI rate cuts as possible solutions to reignite growth.

Slower GDP growth affects everyone, from limited job opportunities and salary hikes to reduced returns for investors. Monika highlights the need for employees to enhance job security and for investors to maintain disciplined asset allocation. Avoiding reactive shifts between equities and safer instruments is critical to navigating these challenging times.

The episode also introduces the government’s PAN 2.0 project, which consolidates PAN, TAN, and TIN into a single identifier to simplify compliance for businesses. Monika reassures listeners that while this benefits businesses, individuals only need to verify their contact details to receive the updated QR-coded PAN card. Links to government resources for further information are shared.

Listener queries explore diverse financial topics. Nagendra from Bengaluru asks about balancing active and index funds across market caps. Akhila, starting a new job abroad, seeks advice on debt repayment, emergency savings, and retirement planning. Varun from Chennai discusses efficient gold investments and portfolio management, raising questions about long-term strategies and intergenerational financial planning.


Chapters:

(0:33 - 3:56) What slowing GDP growth means for you and your finances

(3:57 - 5:53) PAN 2.0: What it means for taxpayers

(5:57 - 8:43) Should you invest in small and mid-cap index funds?

(8:45 - 10:57) Financial priorities for expats with debt

(11:00 - 14:29) Best ways to hold gold for your child’s future


https://www.incometax.gov.in/iec/foportal/help/e-filing-know-tan-faq#:~:text=TAN%20must%20be%20obtained%20by,in%20communications%20with%20the%20ITD

https://pib.gov.in/PressReleasePage.aspx?PRID=2077922

https://incometaxindia.gov.in/Lists/Press%20Releases/Attachments/1214/Press-Release-PAN-2.0-Project-of-the-CBDT-receives-CCEA-Approval-dated-27-11-2024.pdf
If you have financial questions that you’d like answers for, please email us at ⁠[email protected]


Monika’s book on basic money management

⁠⁠⁠⁠https://www.monikahalan.com/lets-talk-money-english/⁠⁠⁠⁠⁠


Monika’s book on mutual funds

⁠⁠⁠⁠https://www.monikahalan.com/lets-talk-mutual-funds/⁠⁠⁠⁠


Monika’s workbook on recording your financial life

⁠⁠⁠⁠⁠https://www.monikahalan.com/lets-talk-legacy/⁠⁠⁠⁠⁠


Calculators

⁠⁠⁠⁠https://investor.sebi.gov.in/calculators/index.html⁠⁠⁠⁠⁠


You can find Monika on her social media @monikahalan. 

Twitter ⁠⁠⁠⁠⁠@MonikaHalan⁠⁠⁠⁠⁠

Instagram ⁠⁠⁠⁠⁠@MonikaHalan⁠⁠⁠⁠⁠

Facebook ⁠⁠⁠⁠⁠@MonikaHalan⁠⁠⁠⁠⁠

LinkedIn ⁠⁠⁠⁠@MonikaHalan⁠⁠⁠⁠


Production House: ⁠⁠⁠⁠www.inoutcreatives.com⁠⁠⁠⁠

Production Assistant:⁠⁠⁠⁠ Anshika Gogoi⁠⁠⁠

...more
View all episodesView all episodes
Download on the App Store

Let's Talk Money with Monika HalanBy Monika Halan

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like Let's Talk Money with Monika Halan

View all
Global News Podcast by BBC World Service

Global News Podcast

7,652 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,382 Listeners

Maed in India by Maed in India

Maed in India

14 Listeners

The Investing for Beginners Podcast - Your Path to Financial Freedom by By Andrew Sather and Dave Ahern | Stock Market Guide to Buying Stocks like

The Investing for Beginners Podcast - Your Path to Financial Freedom

1,413 Listeners

Moneycontrol Podcast by moneycontrol

Moneycontrol Podcast

11 Listeners

3 Things by Express Audio

3 Things

56 Listeners

NoSugarCoat with Pooja Dhingra by Maed in India

NoSugarCoat with Pooja Dhingra

29 Listeners

She Says She's Fine by Maed in India

She Says She's Fine

46 Listeners

ThePrint by ThePrint

ThePrint

87 Listeners

The Lit Pickers by Maed in India

The Lit Pickers

8 Listeners

In Focus by The Hindu by The Hindu

In Focus by The Hindu

38 Listeners

Finshots Daily by Finshots

Finshots Daily

45 Listeners

Is Romance Dead? by Maed in India

Is Romance Dead?

1 Listeners

On the Contrary by IDR by India Development Review & Maed in India

On the Contrary by IDR

13 Listeners

Top of the Morning by Mint - HT Smartcast

Top of the Morning

4 Listeners

दिनभर: पूरा दिन,पूरी ख़बर (Dinbhar) by BBC Hindi Radio

दिनभर: पूरा दिन,पूरी ख़बर (Dinbhar)

11 Listeners

The Morning Brief by The Economic Times

The Morning Brief

14 Listeners

The Sarah Jane Show by Maed in India

The Sarah Jane Show

1 Listeners

Care of the State by Catalysts for Social Action by Maed in India

Care of the State by Catalysts for Social Action

0 Listeners

Tata Trusts Kal Ka Classroom by Maed in India

Tata Trusts Kal Ka Classroom

0 Listeners

Voices for Local with Monisha Singh Katial by Maed in India

Voices for Local with Monisha Singh Katial

2 Listeners

DAKSH Podcast by Maed in India

DAKSH Podcast

0 Listeners

The Nerditorium by Maed in India

The Nerditorium

0 Listeners

Humans Not For Sale by Prerana by Maed in India

Humans Not For Sale by Prerana

0 Listeners

Startup Dugout by Dell Technologies

Startup Dugout

0 Listeners

Daybreak by The Ken

Daybreak

9 Listeners

The Morgan Housel Podcast by Morgan Housel

The Morgan Housel Podcast

999 Listeners

Cancelled Plans by Mallika Reddy

Cancelled Plans

0 Listeners

Food From Here and There by Maed in India

Food From Here and There

0 Listeners

Her Kajal Won't Smudge by HKWS

Her Kajal Won't Smudge

22 Listeners

The Elevar Podcast on Industrious Communities by Elevar Equity

The Elevar Podcast on Industrious Communities

0 Listeners

Bombay Bar Association by BBA

Bombay Bar Association

0 Listeners

Keeping It Feminist! by Breakthrough Trust

Keeping It Feminist!

0 Listeners

Value Research by Value Research

Value Research

0 Listeners

The Daily Brief by Zerodha

The Daily Brief

14 Listeners