Loknath Das, Author at Pinfaves

Slowdown Impacts Investment Too

August 9, 2019August 9, 2019 Loknath Das

The prolonged slowdown in the domestic automobile sector which shows no signs of abating has started to impact investment and expansion plans of companies. Market leader Maruti Suzuki, which registered dismal financial results in the first quarter of FY2020, has reportedly put on hold plans to expand capacity at the Gujarat factory. While it was initially planned as a 1.5 million unit per annum factory, the company may not expand it beyond the existing 750,000 units at all. Similarly, many component makers have put investments on hold due to the…

Calculate the Total Out-of-Pocket Cost of Your Health Insurance Plan

August 7, 2019August 7, 2019 Loknath DasCalculate, Cost, Health, Insurance, of, Out-of-Pocket, The, Total, Your

How much do you pay for your health insurance? If you only think about your health insurance costs in terms of the monthly premiums, you’re leaving out a lot of potential expenses. Right now, for example, I have an Affordable Care Act Bronze plan with a $442.83 monthly premium and a $6,200 deductible. This means that I could pay a total of $11,513.96—the $6,200 deductible plus $5,313.96 in premiums—before my insurer begins to pick up the cost for any of my healthcare. I might end up paying less than that,…

Kashmir on edge: Most tourists cancel travel plans, airlines cap flight ticket prices

August 6, 2019August 6, 2019 Loknath DasAirlines, cancel, cap, Edge, Flight, Kashmir, Most, On, plans, Ticket, Tourists, travel

The turmoil in Kashmir has not only cut short the travel plans of pilgrims and tourists currently visiting the state, but also thrown a spanner into upcoming travel plans for the long Independence Day weekend. According to Tourism Kashmir Director Nissar Wani, about 20,000-22,000 tourists were in Kashmir on Friday when the Jammu and Kashmir (J&K) administration issued an advisory asking Amarnath Yatris to cut short their pilgrimage and all tourists to leave Kashmir Valley at the earliest, citing terror threats. As per reports, only a little over 1600 tourists…

Time to buy ‘fear’? Top 10 stocks based on Warren Buffett investment methodology

August 5, 2019August 5, 2019 Loknath Das

Warren Buffett once said “be fearful when others are greedy, and greedy when others are fearful”. Yes, there is plenty of fear on the Street, triggered by both global as well as domestic factors. The tax on super rich, muted corporate results, persistent selling by foreign investors, trade tensions between the US and China, no stimulus from the government to revive the slowing economy are among the sectors at play. A combination of these pulled down benchmark indices below their crucial support levels. The S&P BSE Sensex gave up 38,000,…

Babylon Health Gets $2 Billion Valuation With New Funding That Will Help It Expand In U.S.

August 3, 2019August 3, 2019 Loknath Das2, Babylon, Billion, Expand, Funding, Gets, Health, Help, In, It, New, That, valuation, Will, With

Ali Parsa CEO and cofounder of Babylon Health. BABYLON HEALTH Babylon Health, a U.K.-based startup whose fast growth has been shadowed by concerns about the efficacy of its telemedicine apps, has raised $550 million in Series C funding, elevating the company to unicorn status. Saudi Arabia’s Public Investment Fund (PIF), which invest on behalf of the Saudi Arabian government, led the round that valued the company at $2 billion with a total of $635 million raised. The new capital will enable the company to expand into more markets including the…

10 Examples of Businesses That Could Inspire Your Next Business Idea

August 2, 2019August 2, 2019 Loknath Dasbusiness, Businesses, c10, Could, Examples, Inspire, Next?, of, That, Your

Whether you’re interested in starting an online life coach business or developing technology for virtual reality or offering a decluttering service. Before you launch your business, here are 10 examples of different kinds of businesses you can gain insights and strategies from: 1. Hello Pretty Hello Pretty is the South African equivalent of Etsy. Etsy South African’s sell handmade items of all kinds, from clothing, jewellery, art, digital and even pet-related products. If you’re a creator, then this could be the business idea for you. Before you start designing your…