The Richie Rich Revolution: New Wealth Management Trends w/ Pratik & Siddhesh | RizingTV Private Eye In the latest dispatch of RizingTV Private Eye, Pratik Sengupta, Managing Director – 3Q Private Wealth Service, & Siddhesh Dandekar, Founder and Principal Partner – 3Q Private Wealth Mumbai, discussed to understand trends in India’s wealth management space. Distinct […]
Artificial Intelligence Creating The AssemblyLine For KnowledgeWorkers Generative AI made waves this year, from DALL-E-2 to ChatGPT. These tools areimproving the productivity of knowledge workers—~2x in the case of AI codingassistants.AI training cost declines continued at an annual rate of 70%, the cost to train a largelanguage model to GPT-3 level performance collapsing from $4.6 […]
Introduction India’s retail finance industry has witnessed significant growth, primarily driven by Non-Banking Financial Companies (NBFCs). These companies have expanded their retail books rapidly, catering to the soaring demand for credit in the country.However, the industry is not without concerns. The rapid growth and intensifying competition have led to fears of a potential bubble forming […]
RBI MPC Meet – RBI delivers hawkish pause again The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the 4 th bi-monthly monetary policy for FY24. While announcing the decision Monetary Policy Committee (MPC) maintained status quo on rates and stance. MPC unanimously decided to keep the repo rate unchanged at 6.50%. The MPC […]
September Sees CPI-Based Inflation Drop to 5.02%, August IIP Growth Soars to 10.3% India’s retail inflation, as gauged by the Consumer Price Index (CPI), saw a significant drop to 5.02% in September, marking a three-month low, due to declining food prices, according to data released by the National Statistics Office (NSO) on October 12. This […]
Retail Inflation eases to 6.83% in August, IIP grows at 5.7% in July According to the data released by Ministry of Statistics & Programme Implementation on 12th September 2023, India’s headline retail inflation rate fell to 6.83% in August from a 15 month high of 7.44% in July 2023, this is mainly due to slide […]
India witnessed a 15-month high in retail inflation, reaching 7.44%, surpassing the tolerance threshold set by the Reserve Bank of India (RBI). India witnessed a 15-month high in retail inflation, reaching 7.44%, surpassing the tolerance threshold set by the Reserve Bank of India (RBI).August 14, 2023CPI JulyRetail inflation, measured by the consumer price index, surged […]
RBI pauses for a second time in a row; the repo rate remains at 6.5%. RBI pauses for a second time in a row; the reporate remains at 6.5%.9th June, 2023SummaryThe Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) in its second bi-monthly monetary policy meeting of FY24 decided to leave the repo rate […]
Categories2023(July) BlogFOMC MeetingJune 15, 2023 Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) decided unanimously to keep the Fed funds rate or the benchmark US interest rate at which the Fed lends money to commercial banks unchanged at 5-5.25%, a first pause in 15 months of back-to-back increases. This decision was in line […]
July13, 2023CPI JuneAfter declining to a 25-month low in May, India’s retail inflation increased in June. Prices for food had a major role in the recent spike, which is anticipated to continue in the next month. According to information issued on Wednesday by the Ministry of Statistics and Programme Implementation, the Consumer Price Index-based inflation […]
