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Category: Investment

Understanding the investment slowdown

Loknath Das, ,

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…

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

Loknath Das, , , , , , , , ,

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…

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

Loknath Das, , , , , , , , ,

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…

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3-Point Analysis | Why should you increase investment in gold now?

Loknath Das, , , , , , , , ,

Gold has surged nearly 20 percent in 2019 while Sensex has risen 3 percent in the same period. With fears of an economic slowdown, gold is a pick which will provide stability. Moneycontrol’s Shraddha Sharma does a 3-Point Analysis on why you should increase allocation of the yellow metal in your portfolio. [“source=moneycontrol”]

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UBS to revamp investment bank in bid to lift flagging earnings

Loknath Das, , , , , , , ,

Switzerland’s UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market conditions precipitated a performance dip. The world’s largest investment banks have had their worst start to a year since 2006, the latest data published by industry analyst Coalition on Thursday shows. “What’s been communicated today was a reorganisation, which did not include a specific number of job cuts,” a person familiar with the matter said, adding that the restructuring would be carried out by the end of the year. Switzerland’s…

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Advent mulls Rs 1,300 crore investment in Aditya Birla Capital: Report

Loknath Das

Private equity firm Advent is in advanced talks to invest Rs 1,200-1,300 crore in Aditya Birla Capital for a 6-7 percent stake, a report in The Economic Times has said. The deal, if it goes through, will make Advent ABCL’s largest non-promoter shareholder. ABCL will likely approve Advent’s proposal in a board meeting on September 5. The fundraising will be done through a preferential allotment or a qualified institutional placement, the report said. Moneycontrol could not independently verify the news. The company’s stock, which began trading in September 2018, closed at Rs 87.55 on September…

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