Investment Archives - Page 12 of 35

How a newspaper ad and Rs 5 lakh investment set this entrepreneur on Rs 50 Cr journey in chemicals manufacturing

October 4, 2019October 4, 2019 Loknath Das5%;, 50, a, Ad, and, Chemicals, Cr, Entrepreneur, How, In, investment, journey, Lakh, newspaper, On, Rs., Set, This

In 2002, Bengaluru-based entrepreneur Srinivas M saw a newspaper ad about the MSME Ministry conducting a training session for chemical manufacturing. Srinivas was a chemical trader at the time, and thought it would be a good opportunity to start manufacturing chemical products himself. “I saw this a way into a manufacturing sector that could pay me dividends much more than a trading business ever could. I decided to seize this opportunity, and enrolled myself in the programme,” he says. Srinivas was about to enter the chemicals industry that has grown over the years, touching $163…

Can LIC’s investments in public sector units hurt policyholders?

October 1, 2019October 1, 2019 Loknath DasCan, Hurt, In, Investments, LICs, Public, sector, Units

In the last five years, Life Insurance Corp. of India’s (LIC) investments in state-run banks and the government’s disinvestment programme have almost doubled, according to news reports. Moreover, of the total investments made by LIC worth ₹26.6 trillion, as of March 2019, ₹22.6 trillion went into the public sector and only ₹4 trillion went into the private sector, showed data from the Reserve Bank of India. While this may work in favour of some of the public sector undertakings (PSUs), it’s not clear how it will impact the customers of the insurer. Disha Sanghvi asks experts how this might affect…

How to become a crorepati with PPF investment

September 21, 2019September 21, 2019 Loknath Dasa, become, crorepati, How, PPF, to, With

Although making one crore with moderate monthly investment without equity exposure is difficult, periodic investment in Public Provident Fund (PPF) for a long-term can do the trick with the power of compounding. The longer your money stays invested, the quicker it grows. The timeframe to reach Rs 1 crore will depend on the amount of your monthly investment and period of investment that you are willing to commit. However, one can only invest Rs 1.5 lakh in PPF in a year. Long-term commitment PPF is a long term investment product…

Understanding the investment slowdown

September 20, 2019September 20, 2019 Loknath Dasinvestment, The, Understanding

The public sector had a secondary role to play, which, however, had increased in scope during this period. The investment rate in the country has been declining quite significantly over the last six years or so. The gross fixed capital formation (GFCF) rate had peaked at 34.3% in FY12 and then came down to 28.6% in FY18, before registering a marginal recovery to 29.3% in FY19. The story is still an enigma because in the last few years various states have held investment extravaganzas where several MoUs have been signed—for…

Clear signs of revival in industrial production, fixed investment: FM Sitharaman

September 15, 2019September 15, 2019 Loknath DasClear, fixed, FM, In, industrial, investment, of, production, revival, signs

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said there are clear signs of revival of industrial production and fixed investment after economic growth plunged to a six-year low. At a press conference called to announce the third part of the stimulus package for the economy, she said measures are being taken to improve credit outflow from banks. Also, transmission of interest rate cuts is being effected by banks, she said, adding she will meet heads of public sector lenders on 19 September to review the transmission. The Reserve Bank of India (RBI ) has since February…

Mutual Fund Investment: 5 reasons to invest in tax saving mutual funds

September 14, 2019September 14, 2019 Loknath Das5%;, Fund, In, Invest, investment, Mutual, reasons, saving, Tax, to

Investing in tax-saving mutual funds gives the benefit of diversifying your portfolio as per requirement. Tax-saving mutual funds, over the years, have proven to be the best tax-saving option for investors. While there are various tax-saving investment options such as National Pension System (NPS), National Savings Certificate (NSC), and Public Provident Fund (PPF), among others, Equity-Linked Savings Scheme (ELSS) has remained the most preferred. Here are 5 reasons why you should consider investing in tax-saving mutual funds (ELSS): 1. Lowest Lock-in Period Conventional tax-saving instruments generally come with long lock-in…