{"id":19060,"date":"2022-12-03T00:41:20","date_gmt":"2022-12-02T19:11:20","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=19060"},"modified":"2022-12-03T11:44:56","modified_gmt":"2022-12-03T06:14:56","slug":"the-weekly-wrap-slow-and-steady","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/","title":{"rendered":"The Weekly Wrap | Slow and Steady"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69e9f78755b1f\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69e9f78755b1f\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#i\" title=\"\u00a0\">\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#The_e-rupee_is_here\" title=\"The e-rupee is here\">The e-rupee is here<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#i-2\" title=\"\u00a0\">\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#Of_debt_funds%E2%80%A6\" title=\"Of debt funds\u2026\">Of debt funds\u2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#i-3\" title=\"\u00a0\">\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#%E2%80%A6and_of_SIPs\" title=\"\u2026and of SIPs\">\u2026and of SIPs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#i-4\" title=\"\u00a0\">\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#Market_wrap\" title=\"Market wrap\">Market wrap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#i-5\" title=\"\u00a0\">\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#Other_headlines\" title=\"Other headlines:\">Other headlines:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#The_week_ahead\" title=\"The week ahead\">The week ahead<\/a><\/li><\/ul><\/nav><\/div>\n<p><i><span style=\"font-weight: 400;\">In this edition, we talk about RBI&#8217;s new e-rupee, central banks raising interest rates around the world,\u00a0 SEBI&#8217;s introduction of rules aimed at making actively managed debt funds safer and the Mercedes vs. SIP debate.<\/span><\/i><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><i><\/i>Welcome to Kuvera\u2019s weekly digest on the most critical developments related to business, finance and markets.<\/p>\r\n<p>&nbsp;<\/p>\r\n<p><strong>tl;dr<\/strong>\u00a0Hear the article in brief instead?<\/p>\r\n<p>&nbsp;<\/p>\r\n<!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-19060-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/Kuvera-NL-audio-Dec-2-Revised-2.mp3?_=1\" \/><a href=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/Kuvera-NL-audio-Dec-2-Revised-2.mp3\">https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/Kuvera-NL-audio-Dec-2-Revised-2.mp3<\/a><\/audio>\r\n<h4><span class=\"ez-toc-section\" id=\"i\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-19088\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/giphy.webp\" alt=\"\" width=\"280\" height=\"400\" \/><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Over the past few months, central banks around the world including in India have been raising interest rates to cool inflation. One of the side effects of this policy tightening is a slowdown in economic growth. But while some of the world\u2019s most advanced economies, including in North America and Europe, are staring at a recession, the Indian economy seems to be holding its ground.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">The central government this week released one of the most awaited economic data\u2014GDP growth for the second quarter of the current fiscal year. India\u2019s economic growth slowed to 6.3% in July-September from 13.5% in the first quarter and 8.4% in Q2 of the last fiscal year.\u00a0<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">While growth has slowed, this is not as bad as it sounds as the stellar print of the first quarter was due to the base effect. That usually means the Indian economy would have grown slower or contracted in April-June 2021. But that wasn\u2019t the case as the GDP had actually grown 20.1% in that period. The base effect was kicking in from the first quarter of 2020 when the COVID-ravaged Indian economy had contracted 23.8%. This is making what should be a normal figure in the second quarter appear sanguine. <\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Also, if one were to scratch the surface, you may see many green shoots taking roots. Services remained the backbone with a growth of 9.3% and farm output grew 4.6%. The 4.3% contraction in the manufacturing sector should also be taken with a pinch of salt. A lot of this has to do with the twin effects of high commodity prices and tightening of monetary policies in India, and abroad.\u00a0<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The slowing growth figure may even prompt the Reserve Bank of India take a less hawkish stance and decelerate the pace of rate hikes. Now, that would be very good news for the consumers who have been staring at rising EMIs for most of this year. Moreover, this will also help the government to control the current account and fiscal deficits.\u00a0<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Clearly, with recession possibly hitting developed economies next year, India can surely do with a slower yet steadier growth path with inflation as well as the twin deficits under control.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<h4><span class=\"ez-toc-section\" id=\"The_e-rupee_is_here\"><\/span><b>The e-rupee is here<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<p>&nbsp;<\/p>\r\n<p><img loading=\"lazy\" class=\"alignnone wp-image-18848\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/celebration.gif\" alt=\"Kuvera Weekly Wrap\" width=\"400\" height=\"223\" \/><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The RBI has started a pilot project of the central bank digital currency (CBDC), or the e-rupee, for consumers and retailers. The e-rupee is essentially a digital token that represents legal tender. Unlike cryptocurrencies, the e-rupee is issued in the same denominations as paper currency and coins. The RBI has partnered with four banks for now\u2014State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank\u2014in Mumbai, New Delhi, Bengaluru, and Bhubaneswar.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">How will the e-rupee work? The e-rupee will be distributed through banks to customers and merchants. Users can transact with the e-rupee through a digital wallet offered by banks and stored on their mobile phones. <\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Basically, users will be able to make payments through e-rupee using QR codes displayed at shops and stores. That sounds like how we use Paytm, PhonePe or GooglePay, doesn\u2019t it? It kind of does, though using the e-rupee will make the transactions more anonymous, and perhaps, more secure.\u00a0<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">For now, it\u2019s too soon to say how successful the pilot will be and how it will impact UPI-based payment apps and fintech companies. So, we will keep an eye on the experiment and let you know.<\/span><\/p>\r\n<h4><span class=\"ez-toc-section\" id=\"i-2\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<h4><span class=\"ez-toc-section\" id=\"Of_debt_funds%E2%80%A6\"><\/span><b>Of debt funds\u2026<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The RBI wasn\u2019t the only financial regulator in action this week. The Securities and Exchange Board of India introduced rules aimed at making actively managed <a href=\"https:\/\/kuvera.in\/dl\/v2\/?redirect_to=mutual-funds\/all\/debt\/\">debt funds<\/a> safer.\u00a0<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The capital markets regulator said debt funds other than credit risk funds can no longer invest more than 10% of their net asset value in securities rated AAA by a single issuer. The limit is 8% for those rated AA and 6% for instruments rated A and below.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Until now, a debt fund was not allowed to invest more than 10% of its NAV in debt instruments issued by a single issuer. The new rule defines the investment limits according to the issuer\u2019s credit rating, thereby minimising risks.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The new rule come at a time when many investors are again looking to invest in debt funds as yields begin to rise after staying muted for the past year. So, if you are one of those investors, you can breathe a little easier.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<h4><span class=\"ez-toc-section\" id=\"i-3\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<h4><span class=\"ez-toc-section\" id=\"%E2%80%A6and_of_SIPs\"><\/span><b>\u2026and of SIPs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<p><img loading=\"lazy\" class=\"alignnone wp-image-19089\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/200.webp\" alt=\"\" width=\"400\" height=\"333\" \/><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">While debt funds were in focus for the right reasons this week, systematic investment plans gained attention, too.\u00a0<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Santosh Iyer, head of sales and marketing at Mercedes-Benz India, was at the receiving end after saying many people are not buying Mercedes cars as they\u2019d rather invest in <a href=\"https:\/\/kuvera.in\/dl\/v2\/?redirect_to=mutual-funds\/all\">mutual funds<\/a> through SIPs. <\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Predictably, some MF executives countered Iyer and a few advocates of SIPs even ran numbers to show how one can start SIPs today\u2014of about Rs 1 lakh a month\u2014to save enough for buying a Mercedes car after five-six years!<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">So, should you invest via SIPs or buy a luxury car? The answer will, of course, be different for each person. If you have enough money to run your household, to take care of your family, for your retirement and other expenses, you can go ahead and splurge on things you really want. And if you ask a banker instead of an MF executive, you don\u2019t even have to wait five years to buy a Mercedes\u2014you can just take a car loan and pay EMIs instead of SIPs!<\/span><\/p>\r\n<h4><span class=\"ez-toc-section\" id=\"i-4\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<h4><span class=\"ez-toc-section\" id=\"Market_wrap\"><\/span><b>Market wrap<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">Both the benchmark Sensex and Nifty touched new record highs this week. While the 30-stock Sensex crossed 63,500, the 50-stock Nifty came close to touching 18,800. For the week, the two indices rose about 0.8% each.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/kuvera.in\/dl\/v2\/?redirect_to=stocks\/listing\/all\">markets<\/a> climbed after the US Federal Reserve hinted at slowing its pace of interest rate hikes and as the rupee recovered while the dollar weakened.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">The Nifty stocks that gained the most this week were BPCL, Tata Steel, UltraTech, Hindalco, Hero MotoCorp, Britannia, Reliance and Grasim. The laggards included Maruti, Bajaj Finance, Eicher and ITC.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><span style=\"font-weight: 400;\">In the broader market, Network 18 surged 26% while state-run BHEL jumped almost 20%. Paytm, too, climbed nearly 20% after losing 15% last week on worries about Reliance Jio\u2019s entry into the financial services sector.<\/span><\/p>\r\n<p>&nbsp;<\/p>\r\n<h4><span class=\"ez-toc-section\" id=\"i-5\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<h4><span class=\"ez-toc-section\" id=\"Other_headlines\"><\/span><strong>Other headlines:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Vikram Kirloskar, Vice Chairperson of Toyota Kirloskar Motor, dies of a heart attack aged 64<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Germany crash out of the FIFA World Cup in the first round despite defeating Costa Rica<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">AIIMS, India\u2019s premier hospital, reports ransomware attack<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\">\r\n<p><span style=\"font-weight: 400;\">Adani Group wins Rs 5,069 crore project to redevelop Dharavi slum in Mumbai<\/span><\/p>\r\n<\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\">\r\n<p><span style=\"font-weight: 400;\">SEBI approves Bandhan Bank-led consortium\u2019s acquisition of IDFC Mutual Fund<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">India\u2019s manufacturing PMI rises to 55.7 in November, touches three-month high<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Inox Green Energy Services ends 9% lower on market debut<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mankind Pharma acquires majority stake in Upakarma Ayurveda<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Kotak Special Situations Fund invests Rs 550 crore in Sanghi Industries<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Uniparts India IPO subscribed about three times on final day<\/span><\/li>\r\n<\/ul>\r\n<p>&nbsp;<\/p>\r\n<h4><span class=\"ez-toc-section\" id=\"The_week_ahead\"><\/span><strong>The week ahead<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<p>&nbsp;<\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The RBI\u2019s Monetary Policy Committee will meet during December 5-7 to decide on the interest rate hike.<\/span><\/li>\r\n<\/ul>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The FIFA World Cup moves into the Round of 16. So, keep watching.\u00a0<\/span><\/span>\r\n<div class=\"embed-container\">\u00a0<\/div>\r\n<div class=\"embed-container\">\u00a0<\/div>\r\n<div class=\"embed-container\">\u00a0<\/div>\r\n<\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">Until next week, happy investing!<\/span><\/p>\r\n<p>&#8212;&#8212;&#8212;&#8211;<\/p>\r\n<p>&nbsp;<\/p>\r\n<p><strong>Interested in how we think about the markets?<\/strong><\/p>\r\n<p>Read more: <a href=\"https:\/\/kuvera.in\/blog\/in-investing-the-simplest-things-are-the-hardest\/\">Zen And The Art Of Investing<\/a><\/p>\r\n<p>&nbsp;<\/p>\r\n<p>Check out our &#8220;Kuvera Insights&#8221; on Youtube and learn from the industry experts.<\/p>\r\n<p>&nbsp;<\/p>\r\n<p><strong>Watch here:<\/strong> Investing in international markets<\/p>\r\n<div class=\"embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/J7Onnod80Y4\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/div>\r\n<p>&nbsp;<\/p>\r\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"https:\/\/www.youtube.com\/watch?v=R7g03UwJAT8&amp;utm_source=Blog&amp;utm_medium=Weekly+wrap+22nd+July\" target=\"_blank\" rel=\"noopener\">kuvera.in<\/a> to discover Direct Plans and <a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> and start investing today.<\/p>\r\n<p>#MutualFundSahiHai #KuveraSabseSahiHai<\/p>\r\n<p><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>In this edition, we talk about RBI&#8217;s new e-rupee, central banks raising interest rates around the world,\u00a0 SEBI&#8217;s introduction of rules aimed at making actively managed debt funds safer and the Mercedes vs. SIP debate. &nbsp; Welcome to Kuvera\u2019s weekly digest on the most critical developments related to business, finance and markets. &nbsp; tl;dr\u00a0Hear the [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":12756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[1137,1915,248,1914,386,300,394,17],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Slow and Steady | Weekly Wrap<\/title>\n<meta name=\"description\" content=\"We talk about RBI&#039;s new e-rupee, central banks raising interest rate around the world,\u00a0 and Merc vs. SIP debate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Slow and Steady | Weekly Wrap\" \/>\n<meta property=\"og:description\" content=\"We talk about RBI&#039;s new e-rupee, central banks raising interest rate around the world,\u00a0 and Merc vs. SIP debate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-02T19:11:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T06:14:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/06\/Yellow-And-Green-Bold-Money-Blog-Banner-520x245-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"520\" \/>\n\t<meta property=\"og:image:height\" content=\"245\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gaurav Rastogi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gaurav Rastogi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Slow and Steady | Weekly Wrap","description":"We talk about RBI's new e-rupee, central banks raising interest rate around the world,\u00a0 and Merc vs. SIP debate.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/","og_locale":"en_US","og_type":"article","og_title":"Slow and Steady | Weekly Wrap","og_description":"We talk about RBI's new e-rupee, central banks raising interest rate around the world,\u00a0 and Merc vs. SIP debate.","og_url":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2022-12-02T19:11:20+00:00","article_modified_time":"2022-12-03T06:14:56+00:00","og_image":[{"width":520,"height":245,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/06\/Yellow-And-Green-Bold-Money-Blog-Banner-520x245-1.png","type":"image\/png"}],"author":"Gaurav Rastogi","twitter_card":"summary_large_image","twitter_creator":"@Kuvera_In","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Gaurav Rastogi","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/"},"author":{"name":"Gaurav Rastogi","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/90a520bbda6e474788752100f61385bd"},"headline":"The Weekly Wrap | Slow and Steady","datePublished":"2022-12-02T19:11:20+00:00","dateModified":"2022-12-03T06:14:56+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/"},"wordCount":1358,"commentCount":0,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"keywords":["debt fund","e-rupee","inflation","Mercedes","Nifty","RBi","sensex","SIP"],"articleSection":["Kuvera Weekly"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/","url":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/","name":"Slow and Steady | Weekly Wrap","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2022-12-02T19:11:20+00:00","dateModified":"2022-12-03T06:14:56+00:00","description":"We talk about RBI's new e-rupee, central banks raising interest rate around the world,\u00a0 and Merc vs. SIP debate.","breadcrumb":{"@id":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/kuvera.in\/blog\/the-weekly-wrap-slow-and-steady\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kuvera.in\/blog\/"},{"@type":"ListItem","position":2,"name":"The Weekly Wrap | Slow and Steady"}]},{"@type":"WebSite","@id":"https:\/\/kuvera.in\/blog\/#website","url":"https:\/\/kuvera.in\/blog\/","name":"Kuvera","description":"Wealth Management, Simplified","publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kuvera.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/kuvera.in\/blog\/#organization","name":"Kuvera","url":"https:\/\/kuvera.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","width":83,"height":13,"caption":"Kuvera"},"image":{"@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kuvera.in","https:\/\/twitter.com\/Kuvera_In","https:\/\/www.instagram.com\/kuvera.in","https:\/\/www.linkedin.com\/company-beta\/10456535\/"]},{"@type":"Person","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/90a520bbda6e474788752100f61385bd","name":"Gaurav Rastogi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/GR-150x150.jpg","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/GR-150x150.jpg","caption":"Gaurav Rastogi"},"description":"Gaurav is the CEO of Kuvera. A graduate of IITD and Chicago Booth, he managed a long-short equity strategy for Morgan Stanley before starting Kuvera.","url":"https:\/\/kuvera.in\/blog\/author\/rustyhk123\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/19060"}],"collection":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/comments?post=19060"}],"version-history":[{"count":7,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/19060\/revisions"}],"predecessor-version":[{"id":19091,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/19060\/revisions\/19091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media\/12756"}],"wp:attachment":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media?parent=19060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/categories?post=19060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/tags?post=19060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}