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The Indian rupee has depreciated around 20% over the past two to three years. Banks are unable to help you hedge the increasing cost of fees and expenses that you will incur if the rupee continues to depreciate. How can you manage this risk of depletion of the education corpus?
Except for sound forex reserve and external debt, other indicators like weak and K-shaped recovery, and high fiscal deficits point to a prolonged crisis
The cost for studying in the US has gone up by Rs 1.5 to 2 lakh per year, Indian students abroad are also facing problems in finding accommodation due to the increase in the prices of hostels and homestays.
Sensex Nifty crash: Amid the ongoing selling in the stock market, market capitalisation of the BSE-listed firms tanked to Rs 270 lakh crore in the afternoon trade on September 26 from Rs 283 lakh crore on September 20.
The efficacy of these new measures will be minimal as they are introduced for a brief and temporary period.