The last month has brought sobriety to global markets taming the unbridled growth that was seen prior to the FED announcing that they were tackling inflation in. Markets were tumbling across the world till the end of September. There were more signs of a weakening global economy.
Central banks led by the FED reserve retaliated by raised the pressure even more with additional interest rate hikes. But these moves will also slam the brakes on their economies, threatening recessions as growth slows worldwide.
What goes up, must come down!
Moreover, the Federal Reserve's rapid, steep interest rate increases and the relative health of the US economy saw investors flood into the dollar, driving it up sending the British pound, Indian rupee, Japanese yen and South Korean won, amongst others down.
It’s every nation for itself as dollar batters global currencies
In India, the RBI MPC also hiked the repo rate affecting all EMIs across the board. So is it time To Prepay your Home-Loan EMIs?
Time to prepay Home-Loan EMIs?
Additionally, the RBI also took a stand to improve security on all credit transactions mandating tokenisation. If you are using a credit card
As the RBI’s deadline is over on 30 Sep,
Again, from a consumer point of view, the Insurance regulator wants to streamline access, support, as well as expedite insurance claims by collating all information of all insurance policies of an individual – life, health, travel, motor and group at one single place. The e-KYC will become mandatory from November 1st. Got a policy or planning one?
IRDAI plans to dematerialise all Insurance Policies. What it means for you?
The last month has brought sobriety to global markets taming the unbridled growth that was seen prior to the FED announcing that they were tackling inflation in. Markets were tumbling across the world till the end of September. There were more signs of a weakening global economy.
Central banks led by the FED reserve retaliated by raised the pressure even more with additional interest rate hikes. But these moves will also slam the brakes on their economies, threatening recessions as growth slows worldwide.
What goes up, must come down!
Moreover, the Federal Reserve's rapid, steep interest rate increases and the relative health of the US economy saw investors flood into the dollar, driving it up sending the British pound, Indian rupee, Japanese yen and South Korean won, amongst others down.
It’s every nation for itself as dollar batters global currencies
In India, the RBI MPC also hiked the repo rate affecting all EMIs across the board. So is it time To Prepay your Home-Loan EMIs?
Time to prepay Home-Loan EMIs?
Additionally, the RBI also took a stand to improve security on all credit transactions mandating tokenisation. If you are using a credit card
As the RBI’s deadline is over on 30 Sep,
Again, from a consumer point of view, the Insurance regulator wants to streamline access, support, as well as expedite insurance claims by collating all information of all insurance policies of an individual – life, health, travel, motor and group at one single place. The e-KYC will become mandatory from November 1st. Got a policy or planning one?
IRDAI plans to dematerialise all Insurance Policies. What it means for you?
