Pop the bubbly, the Euro has dropped

What’s likely to become cheaper:Luxury brandsThat deluxe clutch bag, with detachable gold chain, you have been eying now costs Rs 5.58 lakh instead of Rs 6.5 lakhs. Yeah, of course we know Rs 1 lakh more or less doesn’t stop you from picking up the good things in life.GizmosHigh-end gizmos and professional equipment manufactured in European countries are likely to become cheaper, if not today, soon enough.Luxe carsGermany, Italy and France are known for making some of the iconic luxury cars. Not all of them have moved their manufacturing facilities to India. Imagine what can you snag, when the price of a car falls by 15%? You can almost jump one whole luxury line. A car that costs Rs 35 lakh may become available for Rs 30 lakh.How you can make the best of Euro fall:Perfumes/makeupImmediate benefit. La-di-da shoppers who pick up stuff online. Many shopping sites that use the Euro as a currency for transactions are now automatically on a 15% discount. A purchase here has the added guarantee about the location of the factory (not everything under a brand is equal, an Eastern Europe product is different from what is made closer to Swiss Alps).Skiing tripsNow is the right time to book the tickets online as the Euro fall may turn into a yo-yo and the value of the currency may again go up.Student loansSome of the immediate beneficiaries are students who are already pursuing a course in European countries. “My son is doing software automation in Berlin. I have to pay his boarding and lodging fee which comes to about 8,000 Euros per year. Now, I have to send him less money for the same course,” says Vilas Dhone, a teacher.