Data and Financial Journalist
2014 is definitely a year to watch out for especially for those who have a kept a keen eye on Indian markets and have wondered the fate of the Indian Rupee.Well, amidst all the economic mayhem, 2014 is also important politically.Reason: it’s the election year. 2014 is a bit different than any other election year held before. This is because India is going through an economic reform process.
Mutual Funds (MF) are a great way to invest.The current scene,however, might not be very easy on the MF industry yet for long term investment these are an ideal option. Before investing any one would want to know how mutual funds work. I do feel that before plugging in your money you need to watch out for a few points.
This article focusses on how a fall in the rupee can affect the budget of an Indian & a Non Resident Indian. A fall in the domestic currency works in opposite directions for the a resident and a non resident.
The ripple effect of the financial downturn spread across nations from 2007. The intensity of financial shock from US Subprime Mortgage Crisis was so large that it caused Europe to witness a falling economy. Through out 2009 till 2013 Eurozone has been facing a fluctuating economy causing serious concerns over rising unemployment and failure to revive the sleeping economy. In 2013, Asia Pacific faces serioius concerns with China, Japan & India falling slowly in the financial trap.The falling rupee, tumbling asian stock markets and a high food inflation are causing grave concerns over asian economies.