How rising crude oil prices and market volatility could impact your personal finances
New Delhi, May 15 -- Petrol and diesel prices were hiked by Rs.3 per litre across the country on Friday, while CNG prices in Delhi and Mumbai were also raised by Rs.2 per kg, stoking concerns over a fresh wave of inflation. The fuel price increase, coupled with continued foreign institutional investor (FII) selling in Indian equities and heightened global geopolitical tensions, is once again forcing retail investors to reassess their personal finances and investment strategies.
For many households, the bigger concern extends beyond market volatility itself. Questions are now emerging around the impact of rising inflation and weak market sentiment on SIPs, mutual funds, EMIs and long-term financial planning.
Here's a look at how the Sens...
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