How to tackle turbulent times
Despite all of that, the big picture in India is not so worrying. India's government finances are strong, with no risks to the government revenue. The economic growth is expected to be well over 6%, according to most pundits. The Reserve Bank of India's monetary policy committee has put out a benign outlook for the consumer price inflation. That indicates little or no risk of inflation ahead and a downward trend in interest rates.
You may want to read these trends and move forward cautiously when it comes to money. There is a risk to your investments. However, there are ways to work your way. You can take a leaf out of the ancient Greek philosophy or Stoicism. The concept evolved in the third century BC. The concept of 'control your controllables' means that your habits with money are far more critical than the external turmoil around you. A disciplined approach to investing is better than trying to time the market in turbulent times. A market fall in such a state of uncertainty could be like catching falling knives.
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