Sayli Gadakh

The same market correction may create caution for resident buyers and opportunity for NRIs with a stronger currency advantage. Imagine Bharath, an Indian salaried employee, planning to buy a plot of land worth Rs 50 lakh as a long-term investment. He has been saving money for several years and intends to take a loan for the remaining amount. At the same time, Sandeep, an NRI working in the United States and earning in dollars, is also considering investing in Indian real estate. Now suppose...

The real question is whether income builds assets or merely funds appearances. Bharath was 29 years old, working at a reputed multinational company in Pune with an annual package of Rs 24 lakh. Among friends and relatives, he was considered highly successful. He drove a luxury car purchased on EMI, upgraded his phone every year, travelled frequently, and regularly posted pictures of expensive cafés and vacations on social media. From the outside, Bharath looked rich. During a financial...

The appeal reflects an exercise in ‘nudge theory’ — using behavioural change to support macroeconomic stability. The recent economic appeal by Prime Minister Narendra Modi comes at a critical juncture for the Indian economy. Amidst global uncertainty driven by geopolitical tensions in West Asia and volatile crude oil prices, the government has proposed a 7-point behavioural shift to safeguard our national interests. From a chartered accountant’s perspective, these suggestions are more than...