Inflation everywhere no respite in sight

It's been a tough week for ordinary people in India. We have had two whammy over the last three days.

Two major decisions taken which make any existing lifestyle more difficult.

1 an increase in petrol prices by 5% across the board . ( the reason being a fall in the rupee vs the dollar even though the price of crude has fallen)

2 The RBI again increased rates by 0.25% , citing concerns on inflation not slowing down.

If you look at these above reasons , they will continue to haunt our economy for some time to come. Fuel prices are not going to drop and hence inflation will continue to increase and the RBI will continue to increase rates , ensuring that India growth slows down.

It's a downward spiral. It's going to be quite difficult. Even now in India real interests are negative

It's time to think about reducing your exposure to stock markets or being in debt funds or gold funds.

Markets may go up. But principal security should be the focus.

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Sent from my iPhone