- Global financial markets stabilized as investors digested comments from the US Federal Reserve and took a break from last week's sell-off. However, emerging market and Japanese equities rebounded sharply.
- In India, a surge at the end of the week helped markets bounce back from lows despite negative foreign institutional flows. India's balance of payments recorded a surplus in the last quarter as the current account deficit narrowed.
- The government approved hiking domestic gas prices and establishing a coal regulator, which could boost investments in the energy sector but also raise costs. Bond yields and the rupee closed off lows on positive macroeconomic data and policy moves.
Indian Equity Markets (Nifty 50 Index) inched higher (+1.5%) during the month outperforming its emerging market peers.
New set of positive reforms by the government on domestic front and expectations of resolution of US-China trade war on
the global front were the major contributing factors which lifted sentiments.
Read the full document to know more.
Indian Equity Markets (Nifty 50 Index) inched higher (+1.5%) during the month outperforming its emerging market peers.
New set of positive reforms by the government on domestic front and expectations of resolution of US-China trade war on
the global front were the major contributing factors which lifted sentiments.
Read the full document to know more.
A mutual fund is the money pooled in by a large number of investors and offers an opportunity to invest in a diversified and professionally managed basket of securities at a relatively lower cost. Read for more details.
Risk is a result or outcome which is other than what is / was expected. It is the amount of money that an investor can afford to lose in the interim, in his quest for certain return on investments. It is a state of uncertainty. Read more to find out how to access your risk appetite.
Asset allocation is an investment strategy. It helps to keep a balance between risk and return of any particular asset class. Asset allocation refers to investing a certain percentage of your investible surplus in respective asset classes, such as equity, debt, gold and real estate. Read to understand asset allocation in detail.
As you may be aware, life expectancy of individuals has increased; which brings with it rise in medical and living costs during old age. Therefore, it is imperative to make provision for expenses wisely. All of us want to maintain our standard of living during our old age as well, but to do so we need to actually start thinking and planning for our retirement right from the beginning of our career when we are young. This ppt aims to help you understand how you can identify and establish your financial goals.
As you may be aware, life expectancy of individuals has increased; which brings with it rise in medical and living costs during old age. Therefore, it is imperative to make provision for expenses wisely. All of us want to maintain our standard of living during our old age as well, but to do so we need to actually start thinking and planning for our retirement right from the beginning of our career when we are young.
This session aims to help you understand how you can identify and establish your financial goals.
An Investor Education & Awareness Initiative By Franklin Templeton Mutual Fund
In order to check your financial health, you need to ask yourself a few questions related to your finances. In this, learning session you will understand those questions which will help you plan you finances better.
An Investor Education & Awareness Initiative By Franklin Templeton Mutual Fund
The inflation bug as we learnt in our earlier learning ppt, "Are you Saving or Are you Investing", eats into our hard earned savings. So the value of our money reduces. Here in this learning session let’s learn more about “Time Value of Money”, which can help you manage your finances better.
An Investor Education & Awareness Initiative By Franklin Templeton Mutual Fund
Many people often misconstrue savings with investments. But let us tell you that there is indeed a difference between the two. Merely putting aside money under the mattress, or in a vault, bank locker or savings bank account after meeting your expenses and liabilities may not mean that money works for you. In times where the inflation bug is eating into your earnings, you need to move a step forward and invest. More importantly, invest wisely! By now many of you may have realized that there is indeed a difference between saving and investing. So let’s delve a little deeper and understand the difference between the two…which can help us march forward in our journey of wealth creation.
An Investor Education & Awareness Initiative By Franklin Templeton Mutual Fund
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
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
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
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
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
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.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@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.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.
Weekly Market Review - June 28, 2013
1. International
Global financial markets stabilised as investors digested further comments from the US Federal Reserve and took
a breather from the sell-off last week. The MSCI AC World Index closed up 1.26%, in a volatile week that saw
Emerging Markets and Japanese equities bounce back sharply. However, the index fell by over 1% this quarter due
to the declines in EM indices (especially in Europe and Latin America). Global benchmark treasury bonds also
pared recent losses and yields closed slightly lower this week. Renewed buying interest helped gold close off lows
of $1200/ounce touched this week, but continued to witness pressure and the Reuters Jefferies CRB Index fell
by 0.88%.The US dollar continued to strengthen against major currencies, while the yen depreciated and weaker
UK GDP data weighed on the pound.
• Asia-Pacific: Bargain hunting lifted regional stock indices – Indonesia, Japan and India were amongst the
major gainers. For the quarter, Japan, Malaysia and Taiwan bucked the overall weakness. Japanese economic
data was positive and reinforced views that the new monetary policy was helping - consumer prices and
unemployment rate remained flat, while industrial production and retail sales rose by 2% and 1.5%
respectively. Chinese equity markets clawed back some of the losses and inter-bank money market rates
eased after the central bank signalled liquidity support (but cautioned against rapid loan growth). InTaiwan,
the central bank left policy rates unchanged.Australian witnessed a change in leadership after former Prime
Minister Kevin Rudd became the leader of the ruling Australian Labor Party.
• Europe: European equities climbed up on the back of gains in automotive and retail stocks, and for
the quarter, Hungary stood out in terms of gains.At the EU summit this week, European leaders agreed
to tackle some of the key issues facing the region. Leaders agreed on bank bail-in rules that would
require creditors to partake in losses at troubled banks. Insured deposits of up to $130,000 would be
exempted. Policymakers also agreed to leverage European Investment Bank resources to lend to small-
and-medium businesses in the region, while deciding to spend close to €6 bln to support job creation
in the region. On the economic front, Germany reported rise in retail sales and unemployment
declined. Kabel Deutschland accepted Vodafone’s takeover offer of $10 bln.
• Americas: US equity indices gained this week and the technology dominated Nasdaq index
outperformed counterparts. Mexico stocks also posted sharp gains, while Brazil saw a relatively muted
rally. On the economic front, US Q1-2013 GDP growth rate was revised down to 1.8% (annualized)
from previous estimate of 2.4%. The Conference Board’s consumer confidence index rose and core
durable goods orders increased. US Senate cleared the immigration reform bill this week. Monthly GDP
data this week showed Canada’s economy continues to see improvement. On the corporate front, Pfizer
announced additional $10 bln buyback plans taking its total repurchase program to $40 bln. The
sustained protests in Brazil led to the government offering a national referendum on political reforms,
amongst other measures.
Market Review
WEEK ENDED JUNE 28, 2013
2. Weekly Weekly
change (%) change (%)
MSCI AC World Index 1.26 Xetra DAX 2.18
FTSE Eurotop 100 1.92 CAC 40 2.21
MSCI AC Asia Pacific 2.18 FTSE 100 1.62
Dow Jones 0.74 Hang Seng 2.66
Nasdaq 1.37 Nikkei 3.38
S&P 500 0.87 KOSPI 2.22
India - Equity
A strong surge towards the end of the week helped the markets bounce back from lows. Despite negative FII
flows (-$709 mln), signs of renewed government commitment towards reforms and positive news on the current
account deficit front, boosted investor sentiment. Mid and small cap indices however closed in the red.A hike
in gas prices and new pricing formula, had boosted Oil & gas stocks. In contrast, consumer durables and FMCG
indices closed in the red.
Trends in BoP and INR
Source: CLSA, RBI, CEIC
• Macro: Helped by strong capital flows and a moderate current account deficit (CAD), India’s Balance of
Payments recorded a surplus of $2.7 billion ($0.78 billion last quarter) in the quarter ended March 2013.
Rise in exports combined with lesser imports helped the trade deficit narrow to $45.6 billion from $58.4
billion in the sequentially previous quarter. Invisible receipts were higher compared to the December
quarter and helped the CAD narrow to 3.6% of GDP from 6.7% of GDP. Even as capital inflows
moderated in Q4FY13, they were more than sufficient to fund the CAD.As we have been stating, CAD
remains one of the key risks facing India and the government has been cognizant of the same and has
announced various measures to curb gold imports and encourage foreign investments are positive.
However, the recent change in global environment with investors moving away from EM assets due to
expectations of a reduction in global liquidity, will pose a challenge.
Overall BoP and INR
35
40
45
50
55
60
65(15)
(10)
(5)
0
5
10
Mar 10 Sep 10 Mar 11 Sep 11 Mar 12 Sep 12 Mar 13
(USD bn) (INR/USD, reverse axis)
Overall BoP
INR/USD
3. • Policy: Two key measures were cleared by the government – a) Hike in gas pricing, b) Setting up of coal
regulator. The Cabinet accepted the recommendations of the C Rangarajan committee that will link
domestic gas prices to imports and global prices. The change in gas pricing will come into effect
beginning April 2014 and is likely to result in domestic gas price doubling to $8.4/mmbtu. The
government has also indicated that subsidy may be provided to cushion impact on production costs of
fertilizers and gas-based power projects.The final details are expected over the next few months, but these
measure are positive and can incentivize further investments in oil & gas sector.This augurs well for the
country’s energy security and can help reduce dependence on imports. Similarly, the move to set up a
coal regulator is positive and could improve transparency on allocation of coal blocks and pricing.
Weekly change (%)
S&P BSE Sensex 3.31
CNX Nifty 3.08
CNX 500 2.05
CNX Midcap 0.32
S&P BSE Smallcap -1.29
India - Debt
Indian bond yields and the rupee managed to close the week off lows on better macro data and policy progress.
• Yield movements: Bond yields closed slightly higher across maturity buckets.Yields on the 10-year
and 5-year papers increased by 3 bps and 1 bp respectively, while those on the 1-year paper were
flat at 7.47%.Yield on the 30 year Gilts firmed up 13 bps. Corporate bond yields also stood higher
over the week.
• Liquidity/ Borrowings: Demand for liquidity at RBI’s LAF window averaged about Rs. 65,500 crore this
week and overnight call money rates hovered around the 7.25% levels. Scheduled bond auctions of GOI
securities worth Rs. 14,000 crores received bids of close to Rs. 42000 crores and were fully subscribed.
• Forex: Towards the close of week, the rupee bounced back sharply from all-time lows of Rs.60.71/$ on the
back of lower CAD, reform moves and corporate inflows. As of Jun 21, 2013, India’s forex reserves stood at
$288 bln, $2.8 bln less than previous week levels.
• Macro: Fiscal deficit for Apr-May 2013 stood at 33.3% of budgeted estimates vis-à-vis 27.6% recorded during
the corresponding period last year. Government spending seems to have normalized in the current fiscal as
expenditure increased 13.9%yoy in the period under review compared to 2% growth recorded in the second
half of last fiscal. However, data showed tax receipts have been below expectations in FY14YTD – gross tax
collections have fallen by 8% compared to 19.2% growth assumed in the Budget. Investors will closely watch
revenue trends for any negative surprise amidst the economic slowdown.