I also received some interesting responses on Linkedin. Here is a compilation of comments from various Linkedin groups.
Author: Jyoti Kumar, Director- Development (Co-founder) at Bazaar Analysis Pvt. Ltd
Inflation is simple demand supply game. GDP/GNP (nutshell whatever we produce) of country is on one side and supply of currency on the other side. On GDP/GNP side we have multiple problems. Political reasons are on the centre. But, we should also blame our social or cultural part too. In some states politicians are distributing free electricity to farmers at cost of killing manufacturing units then on some other states they are failing to collect the electricity bill in fear of losing popularity and so, poor supply of electricity and no growth of industries.read more
I have now included the possibility of retrieving NAV history from the AMFI website in addition to Yahoo! Finance.
Can retrieve NAV history of all mutual funds from AMFI up to April 3rd 2006
If you need NAV history from fund inception then you could try Yahoo! Finance.
Unfortunately, as pointed out by Raghav in the above post, Yahoo! Finance does not use the AMFI code for all mutual funds. So NAV history of funds like HDFC Top 200 cannot be retrieved. Will have to use AMFI for such funds.
In the future if an NFO is available the fund name as listed in AMFI and AMFI fund code will need to be added to this tool if you wish to retrieve NAV history.
Inflation – a gradual decrease in purchasing power with time – affects all human beings. The average inflation in India is more than twice the average inflation in the US. Will inflation in India ever increase? Many seem to believe that after a long time (say a couple of decades later) inflation will decrease, as India becomes a developed country.
I am no expert in economics, but such sentiments seem to be a baseless dream, for the following reasonsread more