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-The total value of everything produced in a country. Or the total income of a country.

How can we calculate GDP

– Adding up the value of any thing that is produced in a country (Goods and Services) anything bought in a household, All expenditure by government, Exports, Investments in business as per records.

OR

– Adding up all the wages(salaries) and the profits(in case of companies)

Once we divide the GDP with the Population we get the Per Capita Income.

India GDP – $ 3.7 Trillion
Per Capita – $ 2590 approx

• FII withdrawal was the highest with more than 1.1 L Cr
• MF Industry saw total AUM reaching 68L Cr
• Monthly SIP book crossed 25K Cr
• Debt Funds saw a highest inflow of 1.5L Cr
• We now have a national figure of 10 Cr investors in MF

FII – Forigen Institutional Investors( overseas mutual funds/banks/insurance companies)

MF – Mutual Fund

AUM – Asset Under Management (overall value of the amount invested in a fund/funds)

SIP Book – Total amount of funds going in monthly SIP

Debt Funds – Funds exposed to debt(loans/borrowers)instruments only(safer funds)

Donald J Trump has made history with taking up a second term in office and being non – consecutive president to do so after almost 130 years. Let’s see how does it effects us as Indians

Fiscal Policy :

Our internal economics and fiscal deficit largely depends on the oil pricing and the amount of IT exports that fuels dollars into our system.

Trump Modi Bonhomie:

It has been said that Modi has a better chemistry with Trump in comparison to Biden, Well tell me a world leader except china and Pakistan where Modi’s hug isn’t prominent(nothing changes there). Moreover Trump’s “America First” rhetoric would/might hamper visas and tariffs on any kind of imports.

The major arguable factor is “China” where Trump has clearly mentioned a cut in Chinese goods and also advocated humongous tarrifs. The major stock markets around the world hailed(shot up) Trump’s re-election with an exception of the China and Hong Kong markets that fell more than 2%. So the case is more of “COMPETITOR’S LOSS IS OUR GAIN”.

• The US India policy would largely remain unchanged as the US is eying china +1 bolster for its imports and supply chain.
• There would be tariffs hike on imports to help US industry. A china specific hike would be a boost for India
• Tariffs would be a double edged sword with Trump asking to lower it in US export to India (Harley Davidson case, Where Trump personally wanted the import duty for Harley to be cut off substantially, Later honoured by India.
• Production shift from china to India would be a major contributor. Though it is already happening gradually. Trump might help it speed up, But there are other south asians eying to eat the pie like Vietnam and Indonesia.
• A hard hand on China would also mean fresh flow of FDI(foreign direct investment) to India.
• Our dollar remissions might take a daint if the H1 visa issuance faces scrutiny. The last Trump’s administration has had similar examples.

I have intentionally spared Pakistan in this equation as it would mean a lot on the economic scenario, It would be more of a geo-political impact not resulting largely in the economy.

Gold has arguably been the most precious of all the metals since mankind came into existence. All the 3 yugas as per the Indian mythology starting from Satyug and Dwapar towards Treta. The Gods and the effluent of the society wore the metal and it was the go to commodity for price/value derivative.

The Kalyuga specially the current century has seen to shift the paradigm from the antiquated Gold towards a new find love for Silver. Well the reasons for the new fondness in the metal is not the same as it used to be of design or social status rather a modern approach of its UTILISATION resulting in its renewed importance as a metal asset class.

LETS SEE THE DATA…

– Silver rates have touched a 100k/KG mark in the current month which is almost a 35% increase in the price of the metal over a 12 month period.

– It grew almost 12% alone in a single month of September and NO it wasn’t because Diwali is around and a lot of people were buying the silver coins for gifts.

THE NEW FIND METAL CLASS

The rising industrial demand of silver has its usage in modern electronics, Solar Panels, Batteries and Semi conductors making it a critical component in modern technology. The federal rate cuts over the last year, ETF buying by the domestic investors were also the few reasons for this hike in the prices for Silver.

As the technological advances boom and demand for modern electronics equipment and semiconductors increases a steady rise in the rates of silver can be seen.

As for the data charts, The metal has broken the bullish barriers and is all set to build it up from here. So what should a retail investor do to capture the trend and ride the wave

INVEST IN THE METAL

– A inclusion of a 5-10% of silver ETF/Mutual Funds in your portfolio can be a starter.

– Investors can also opt for a SIP in silver FOF(funds of funds) in case you aren’t able to buy a large sum at once.

– A small but decent physical silver can always be a good investment only if you can be non-emotional social stigma wise of selling it when required.

The auspicious festival is the start of a 5 day festivities in “Kartik Mass” (Oct/Nov) which holds Deepawali, Govardhan and Bhai dooj celebrations

The essence of the India (Sanatan) culture has always conveyed deep meanings to life and its learnings. With extensive research done by our forefathers into all of our surroundings be it social, cultural, economical or any practice which helps humans.Our celebrations and festivals were clearly crafted out to help the well being of oneself through numerous lifestyle messaging and which helps lead us a better life.

Dhanteras is celebrated in the name of Lord Dhanteras who is considered to be the father of medicine and ayurveda as per Hindu mythology, So as to understand, To our ancestors the real DHAN(Money) was Health which was Physical, Mental, Spiritual and Emotional well being.
We somewhere in the midst of the last 1200 years (foreign invasions) changed it to the material wealth and generated a consumption based economic festival in the name of Dhanteras

May the Lord Dhanteras shower all of us with Health and well being Physically, Mentally Emotionally and Spiritually

SHUBH DHANTERAS