The Nairs have not come to a situation where they have to drink hot water instead of tea. “But, if rates go up further...” That they certainly will, given that the finance minister has already said stronger monetary measures would be taken to rein in prices. Nair is thankful that his child is still too small and he does not have to worry about nursery and school expenses. “But we are definitely not in a position to plan for the future. This is really a totally helpless situation.”
Not all are aggressive planners such as Srijesh Nair.
(Tomorrow: A Company Secretary will pay EMIs on a loan taken in 2004 till he is 70 or till 2044)!
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