What an eventful month first it was Chinese President #Xi #Jinping's India visit followed by the Prime Minister Mr. #Narendra Modi’s Visit to the USA. The Chinese President’s Visit resulted in a commitment of $20 billion dollars in a fast train corridor and a new strategic road.
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Current Affairs India November (2015) PDF By Daytodaygk.comDaytodayGk
Current Affairs India November (2015) PDF By Daytodaygk.com
D2G Team has prepared a Current Affairs November 2015 Pdf. We have covered all the important events. The Current Affairs November 2015 Pdf is perfectly categorized and the updates are added in a disciplined way.
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Current Affairs India November (2015) PDF By Daytodaygk.comDaytodayGk
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D2G Team has prepared a Current Affairs November 2015 Pdf. We have covered all the important events. The Current Affairs November 2015 Pdf is perfectly categorized and the updates are added in a disciplined way.
First india jaipur edition-03 march 2021FIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/newspaper
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
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October 2016 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
About Us
Our Team
INDUSTRY ANALYSIS : Insurance
Brand Analysis: Bata
Case Study Analysis: Ola
Concept of the month: Bug Bounty
Guest Lecture by Devang Mehta
The most important thing for any Coaching Institute is is the faculty. If your teachers are right, they make you right. Locate the Best MBA Classes in Mumbai, Tutors in Mumbai using Mia Mia. Mia Mia database provides you a list of MBA Institutes, CAT classes and institutes in Mumbai. You can also find and go through the tuition fees, class timings, contact addresses and phone numbers of each institute and review them on Mia Mia - your Local Search Engine. Mia Mia is one of the best listing website for MBA Classes in Mumbai. We are also known for our systematic listing of various IPCC, Science coaching for CBSE, Engineering and other courses in Mumbai. QLI is a class where each student is our priority. Top MBA Institutes in Mumbai for CAT, XAT, NMAT and IIFT are listed on MiaMia.For details - visit: http://www.miamia.co.in/index.php/listing-category/mba-classes-in-mumbai/
First india jaipur edition-03 march 2021FIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/newspaper
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
October 2016 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
About Us
Our Team
INDUSTRY ANALYSIS : Insurance
Brand Analysis: Bata
Case Study Analysis: Ola
Concept of the month: Bug Bounty
Guest Lecture by Devang Mehta
The most important thing for any Coaching Institute is is the faculty. If your teachers are right, they make you right. Locate the Best MBA Classes in Mumbai, Tutors in Mumbai using Mia Mia. Mia Mia database provides you a list of MBA Institutes, CAT classes and institutes in Mumbai. You can also find and go through the tuition fees, class timings, contact addresses and phone numbers of each institute and review them on Mia Mia - your Local Search Engine. Mia Mia is one of the best listing website for MBA Classes in Mumbai. We are also known for our systematic listing of various IPCC, Science coaching for CBSE, Engineering and other courses in Mumbai. QLI is a class where each student is our priority. Top MBA Institutes in Mumbai for CAT, XAT, NMAT and IIFT are listed on MiaMia.For details - visit: http://www.miamia.co.in/index.php/listing-category/mba-classes-in-mumbai/
Fundamental Analysis: Oil India, IDFC Limited - SMCIndiaNotes.com
The stock price of Oil India is expected to see a price target of Rs717 and that of Idea Cellular is expected to see a price target of Rs187 in one year time frame implying an upside of 22% and 29% respectively
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss.For real time update Visit our social media handle.Read First India NewsPaper in your morning replace.Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
For all those who have missed tracking the Indian economy and markets over the last fortnight, don't fret. Our product, 'The Fortune Cookie', shall keep you updated on such issues.
Sometimes when we have a glimpse at various magazines, news articles, blogs we see a plethora of findings, reports and everybody we halt to press the quote as India is turning into a commercial hub. Now it is obvious that we often think of it differently as to what is the hype towards the brand frames as India Inc. We are often clueless and think about its tangibility. Is commercialization really happening?
In long term perspective, commercialization has comprised a process that began long before 1800 A.D. and accelerated thereafter to shift the balance and conduct of exchange relationships everywhere in India. Two commodities, land and labor indicates most clearly how these attributes defines India.
This issue sums up all the aspects related with commercialization in India.
This presentation will discuss the India economy as well as government policies that will support economic growth. India is an emerging market that is expected to grow at a pace of 7.6%+ for the next 10+ years.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
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what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Webinar Exploring DORA for Fintechs - Simont Braun
Monthly report: While it's Hindi Chini Bhai Bhai in India, US Chants Namo Namo - Eastern Financiers
1. 1
Eastern Financiers Ltd.
While it’s Hindi Chini Bhai Bhai in India……US Chants Namo Namo.
16 October 2014
What an eventful month first it was Chinese President Xi Jinping's India visit followed by the Prime Minister Mr.
Narendra Modi’s Visit to the USA.
The Chinese President’s Visit resulted in a commitment of $20 billion dollars in a fast train corridor and a new
strategic road. The investments announced were much below the heavily hyped expectations of $100 billion. The meet
had a sense of Déjà vu though; in the 1960s, Nehru and Zhou En Lai met and announced "Hindi-Chini Bhai Bhai" while
the Chinese military were intruding into Tibet Arunachal and Ladakh. In 2014 when the Xi Jinping –Modi, were meeting
in Ahmedabad, Indian and Chinese armed forces were locked into a border stand-off.
"Kem Cho" -- this is how US President Barack Obama welcomed Prime Minister Narendra Modi in Gujarati at the
doorstep of the White House, ahead of the rare private dinner hosted in his honour. Mr. Modi’s visit have been one of the
most remarkable visits abroad, it witnessed a surprising response from the people, with at least seven speeches,
numerous interactions with smaller groups, and almost two dozen bilateral meetings with US officials, CEOs, and
political and civic leaders. Some of the major outcome of the US visits are lower barriers for travel (including visas on
arrival for US tourists beginning in 2015), joint cooperation on smart cities focused on Ajmer, Vishakhapatnam, and
Allahabad, and $1 billion for financing India’s transition into a low carbon and climate resilient economy. The US also
agreed to back India’s membership of the Missile Technology Control Regime and Nuclear Suppliers Group, which would
mark India’s further integration into the global nuclear mainstream.
But, it was at Madison Square where history was created, “Namo! Namo! Namo!” the audience chanted. He reciprocated
by promising to promote Indian economic growth and clean up the polluted Ganges River. He further promised to make
it easier for those of Indian descent to obtain visas, so that members of the Indian Diaspora might bring their talents
back to the homeland.
In his speech, Modi promised to fight corruption and champion India's poor people. He also highlighted the country's
rising status as a technology giant, joking that it was no longer known a place of "snake charmers." "Our country used
to play with a snake, now we play with the mouse," he said, to laughter.
India scripted history with the success of its Mars mission. Mangalyaan entered the Mars orbit, making India the first
country in the world to make it to the Planet in the first attempt. $74 million were spent on the project, making it by far
the cheapest of recent missions to Mars. The U.S. spent $671 million getting its Maven satellite to Mars orbit. Earlier PM
Mr. Modi has said that India had spent less than Hollywood had on producing the film “Gravity” to reach the red planet
"Make in India" - Promising effective and easy governance along with a stable regime, Prime Minister Mr. Modi made a
strong pitch before domestic and foreign companies to make India a manufacturing hub. He, however, indicated that
instead of providing sops the government would provide an enabling environment to the industry to invest and grow in
India. Government has identified 25 sectors including pharma, automobiles, textiles, aviation, mining, chemicals and
others which have potential to make India a leader in these fields.
"We want to chart out new path wherein business entities are extended proverbial red carpet welcome... We are
fully committed to delicensing, deregulation and radical changes as we go along. We have an open mind,"...................
Commerce and Industry Minister, Mrs. Nirmala Sitharaman said at the launch of the 'Make In India' campaign
2. 2
Eastern Financiers Ltd.
While it’s Hindi Chini Bhai Bhai in India……US Chants Namo Namo.
16 October 2014
On the macro Front, India's fiscal deficit was 3.98 trillion rupees ($64.4 billion) during April-August, or about 74.9
percent of the full-year target, the fiscal deficit for the first five months of 2014-15 is 75 per cent of the Government’s
Budget estimate. Finance ministry is increasingly optimistic that it can meet a tough fiscal deficit target, helped by a 12%
decline in global crude oil prices since May.
Trade deficit widened to $14.25 billion in September as gold imports surged about 450 per cent to $3.75 billion.
Merchandise imports surged nearly 26 per cent last month year-on-year to $43.2 billion and exports grew a meagre 2.73
per cent to $28.9 billion. The deficit stood at $10.84 billion in August.
Wholesale inflation rate plunged to 2.38% in September, the lowest in five years, aided by a sharp drop in vegetable
and petrol prices, rejuvenating hopes that the Reserve Bank of India will cut interest rates soon. However, the sharp fall
in inflation can be attributed to a favorable base effect, moderation in food prices, and a drop in crude prices.
Retail Inflation eased to 6.46 per cent, the lowest in 33 months in September. The overall food inflation as measured by
CPI fell to 7.67 per cent as against 9.35 per cent in the previous month and 11.75 per cent in September 2013. Retail
inflation, has been on decline since July and is below the RBI target of 8 per cent by January 2015. However, with the 12
percent deficiency in monsoon, the RBI will probably wait for a few more quarters to see its impact on food prices
and it is unlikely that the RBI would cut rates too soon.
August IIP grew 0.4% YoY in August 2014, however remained unchanged from the previous month. Manufacturing
growth recorded contraction (-1.4%) for the second consecutive month. Consumer goods index falling 6.9% from a year
ago is another area which causes concern. although a part of the slowdown has been attributed to one-off factors, such
as the closure of Nokia’s Chennai factory.
Globally, The Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time," but also
indicated it could raise borrowing costs faster than expected when it starts moving. In a statement after a two-day
meeting of its policy-setting, it announced a further $10 billion reduction in its monthly purchases, leaving the program
on course to be shuttered next month.
Alibaba's initial public offering now ranks as the worlds biggest at $25 billion. Overwhelming demand saw the IPO
initially raise $21.8 billion, and then sent Alibaba Group Holding Ltd's stock surging 38 percent on its debut. That
prompted underwriters to exercise an option to sell an additional 48 million shares.
Back home, World Steel Association (WSA) said that India's steel demand is likely to grow at 3.4 per cent in the current
year; it has pegged growth for the next year even higher at six per cent as against 1.8 per cent in 2013. Moody’s Investor
Service had in August said steel consumption in India would pick up once the government's infrastructure spending
policies are put in place.
Sectorally, the mining and metals space is likely to witness headwinds in the near future with the Supreme Court
cancelling all but four of the 218 coal block allocations it had declared illegal and arbitrary in its August 25, 2014 verdict.
On the Centre's request to save 40 functional coal blocks and six ready-to-function ones, the court said 42 of them would
continue to function for the next 6 months, till March 31, 2015, The court order exempted four blocks. These include two
ultra mega power projects -- Moher and Moher Amroli Extension -- allocated to Sasan Power Ltd, Tasra allotted to Steel
Authority of India Ltd. and Pakri Barwadih coal block of the National Thermal Power Corporation.
3. 3
Eastern Financiers Ltd.
While it’s Hindi Chini Bhai Bhai in India……US Chants Namo Namo.
16 October 2014
There seems to be no end to the woes of the Aviation sector, as per media reports, Jet Airways has sought a month's
time to clear about Rs 100 crore worth of salary arrears of its pilots, who have been expressing their ire against the delay
in making the payment. Jet Airways, in which the Gulf carrier Etihad is a strategic partner with 24 percent stake, has
1,100 pilots on its rolls. Its pilots had struck work for several weeks in 2009 against sacking of two of their colleagues for
forming a union.
Realty was another sector which was in limelight with Sebi cracking down on DLF by barring six top executives,
including promoter-chairman KP Singh, from accessing the securities market for three years, thereby obstructing its
options to raise funds. The order has been in connection to disclosure lapses in the company's IPO in 2007.
Retail has become the centre of attraction with major Online Players offering hefty discounts and offline players going
up in arms against them. Flipkart one of the major players in the online retail segment was in the news for its discount
Sale. Proclaimed as a ‘Big Billion Day’ by Flipkart, the big sale has proved to be a nightmare for many customers. Huge
discount offers, publicity campaigns, and a one-day time limit for the offer resulted in a mad rush, leading to the website
to crash within minutes of the sale kicking off, the lucky few who managed to get to have access found the products
offered had run out of stock. "Even Rajnikanth is not able to buy on Flipkart today" went a joke. The ED is
investigating whether any norms were violated during the sale day or not. A separate probe on Flipkart is underway
since 2012 for alleged violation of the Foreign Exchange Management Act (FEMA). Industry insiders say that Flipkart
could be served with a notice of about Rs 1,000 crore soon.
Global ratings agency Standard & Poor’s raised India’s sovereign outlook from “negative” to “stable.” The stable
outlook means lower borrowing costs for companies seeking to raise funds
Domestic Equity Markets have been on a roll, with almost 30% return in Nifty and many midcaps turning multi
baggers since last Diwali, equity investors have been on a winning spree. The markets have though seen a bad patch in
the last few trading sessions with Foreign Institutional Investors (FII) who have been constant buyers resorting to
selling in the last one month. Stocks worth Rs. 3800 crores have been sold by FII’s in the period. Readers would
appreciate that we have mentioned in our September issue that “investors would be better off being cautious as the
near term upside looks a little difficult”.
Going forward, the markets might witness pressure in the short term on fears about the strength of global growth,
conflict in the Middle East, slowing growth in China and Germany as well as the spread of the Ebola virus from West
Africa. The medium to long term view though remains bullish. With number of positives in its favour – falling oil prices,
commodity prices touching five-year lows, sliding gold and stable rupee, fall in CPI and WPI, it seems to be the best of
time for the country. The icing on the cake could be a rate cut from the RBI in coming days, all these taken together
would lead the economy towards a growth path and achieving 7% growth in FY16 would not be a distant dream. We
believe that despite the run up there is enough room for growth and any fall should be taken as an opportunity to
accumulate. One should be cautious though on quality of the stock and focus should be on companies with strong
fundamentals, sound management, proper growth outlook and good corporate governance.
"Chalein Saath Saath", forward together we go”, is how the India-US joint vision statement, released after Prime
Minister Narendra Modi’s meeting with President Barack Obama, begins. “As leaders of two great democratic nations
with diverse traditions and faiths, we share a vision for a partnership in which the United States and India work
together, not just for the benefit of both our nations, but for the benefit of the world,” the statement said. When two great
nations join hands there seems to be little doubt on the long term aspects of this togetherness. This would go a long way
in the country achieving new horizons.
4. 4
Eastern Financiers Ltd.
While it’s Hindi Chini Bhai Bhai in India……US Chants Namo Namo.
16 October 2014
EASTERN FINANCIERS RESEARCH DESK
Rajesh Agarwal – Head of Research 033 – 4006 8823 rajesh.agarwal@easternfin.com
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