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A reddit user posted a query on the mutual fund community that as FD rates have dropped below 7%. Is it worth switching to debt funds now, and how do repo rates affect both? He posted that HDFC Bank has slashed the rate from 7.35% initially to 7% then and now to 6.85%.
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News and Media
China's factory activity contracted in May, although the decline slowed as a U.S.-China deal reduced tariffs. The purchasing managers index rose slightly, but remained below the expansion threshold. Despite improved import/export conditions, uncertainty persists as Trump accuses China of violating their agreement and tensions rise over visa revocations for Chinese students.
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News and Media
Warren Buffett advises investors to adjust their investment approach. Investors should align their risk tolerance with market realities. Many investors with stable finances still shy away from equities due to discomfort with market volatility. The author suggests investors educate themselves about equities and gain experience through small investments. This helps build resilience and make informed decisions.
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News and Media
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