Understanding the Yen Carry Trade and Its Market Impact The yen carry trade—a strategy once hailed for its lucrative returns—has recently faced significant upheaval. Here, we delve into what it entails, why it’s causing ripples across global markets, and its broader implications. What is a Yen Carry Trade? At its core, the yen carry trade […]
RBI Maintains Status Quo: Highlights from the Monetary Policy Announcement 8th February, 2024 Summary: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) recently announced its decision to keep key policy rates unchanged. RBI Governor Shaktikanta Das highlighted some important points:• Repo Rate Unchanged: The MPC decided to maintain the repo rate at 6.5 […]
“Federal Reserve Policy Decision Sparks Record Highs: Impact on US and Indian Markets” SummaryThe Federal Reserve in the USA opted to maintain its key interest rates unchanged, holding steady in the range of 5.25% to 5.50%. This decision marked the third consecutive meeting without a rate adjustment, reflecting the central bank’s stance on easing inflation […]
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 […]
