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Author: Loknath Das

Investment in equity mutual funds drops 41% to Rs 75,000 crore in 2019

Loknath Das, , , , , , , , , , ,

Investors pumped in nearly Rs 75,000 crore in equity-oriented mutual fund schemes in 2019, a sharp plunge of 41% from the preceding year, mainly hit by extreme market volatility amid slowing economic growth. Experts, however, are of the view that equity schemes will attract investor interest this year as the market is expected to perform well. “While volatility in the market may continue for some more time going forward, we believe investors will want to benefit from this volatility and use it to create and growth their wealth. As we…

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Opinion: Investment Strategy 2.0

Loknath Das, ,

Jan 19 (IANS): Recently, market commentator Saurabh Mukherjea pointed out the formalisation in various sectors of the Indian economy leading to the emergence of one or two giants in each industry, thereby creating a market structure where a larger share of the profits sits with fewer firms. The price action India witnessed last year with the BSE Sensex soaring even as BSE Small-Cap index failed to keep up would provide further credence to the theory. The above-mentioned ability of large firms to capture larger profit shares and investment dollars would imply…

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SoftBank offers up to $40b investment for Indonesia’s new capital

Loknath Das, , , , , , , ,

Indonesia’s coordinating minister for maritime affairs and investments Luhut Pandjaitan said that Japanese conglomerate SoftBank would likely invest US$30 billion to US$40 billion for the development of Indonesia’s new capital city in East Kalimantan province, the Indonesian part of Borneo island, according to Bloomberg. The statement followed SoftBank CEO Masayoshi Son’s visit in Jakarta last week to meet President Joko Widodo. During the encounter that was also attended by Grab’s CEO and co-founder Anthony Tan, Son expressed his interest to fund “the new Jakarta.” Pandjaitan said the president will announce his…

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Why we need government schools: They are the only educational lifeline for 60% of India’s children

Loknath Das, , , , , , , , , , , , , ,

There is change in our government schools if one cares to look for it. In a survey my colleagues conducted in 2005 in northeast Karnataka, only four out of ten schools had obtained uniforms and books in time for the start of the academic year. Today, this number has more than doubled. Nearly every school I visited had planned and procured books and uniforms well in time, even if it meant that their teachers had to sacrifice some holidays. In most schools that we visited, attendance was over 90 per…

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Livingfoodz.com rises in the ComScore India report for Lifestyle

Loknath Das, , , , , , ,

livingfoodz.com, the digital arm of LF -India’s premium multi-platform lifestyle brand from the Essel Group with presence in TV, Digital and Events has hit the 2. 4 Mn users mark in December, 2019. Securing the top 10 position (excluding food ecommerce) in comScore has placed livingfoodz.com ahead in lifestyle over many legacy players owing to its unique content, its distinctive focus on trends and Tv catch up. Speaking to the curious at heart who love to explore, travel and live life to the fullest; livingfoodz.com caters to the adventurous foodie,…

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Today, health tips: Keep your bladder healthy with lifestyle changes

Loknath Das, , , , , , , ,

Today, health tips from us will show you how to take good care of your bladder. This is an important organ in your body. The urine from the kidneys collect here before it is passed out from your body. Unfortunately, most of us take this organ for granted. We barely spend any time thinking about our bladder health. It is only when it suddenly malfunctions that we wake up to the importance of our bladder health. One of the first signs of bladder problem may be pain while urinating or urine leakage.…

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