● Neutral for Indian equities
Finances for raising a child
The brief
- Raising a child to age 25 costs a middle-class urban or semi-urban household ₹75 lakh–₹2 crore
- Reflationist ex-BOJ policymaker calls end to low rates, big spending
- Investors expect RBI rate hikes as inflation concerns build
- ‘Inflation risk may tilt RBI towards 25-bps rate hike’: Economists
- Economists expect RBI to raise repo rate 25 bps to 5.50% in October
- Fed and ECB minutes to detail inflation concerns as rate-hike bets fade