Investment Archives - Page 16 of 35

China moves up date for lifting some restrictions on foreign investment to 2020

July 21, 2019July 21, 2019 Loknath DasChina, Date, for, Foreign, investment, Lifting, Moves, On, restrictions, Some, to, Up

BEIJING – China lifted some restrictions on foreign investment in the financial sector Saturday as the world’s second-largest economy fights slowing growth at home and a damaging trade war with the United States. China will remove shareholding limits on foreign ownership of securities, insurance and fund management firms in 2020, one year earlier than originally planned, the Financial Stability and Development Committee said in a statement posted by the central bank. Foreign investors will also be encouraged to set up wealth management firms, currency brokerages and pension management companies, the statement…

How investment platform Groww is making investing as simple as shopping online for millennials

July 19, 2019July 19, 2019 Loknath Dasfor, Groww, How, Investing, investment, Is, Making, Online, Platform, Shopping, simple

“Investing should be as simple as shopping online,” says Harsh Jain, who co-founded Groww, India’s fastest growing investment platform, with former Flipkart colleagues Lalit Keshre, Neeraj Singh and Ishan Bansal in 2017. In fact, it is this simplified approach to investing that is attracting a new generation of first-time investors into the market. According to research by Groww, by 2020, nearly 76 percent of India’s population will comprise of millennials (those born between 1981 and 1996), who are arguably the most digitally-savvy generation ever. They also have very different perspectives than previous generations…

Why this investment banker aspirant decided to manufacture notebooks and paper products instead

July 17, 2019July 17, 2019 Loknath Dasand, aspirant, banker, decided, investment, manufacture, notebooks, Paper, Products, This, to, Why

One can never grow tired of the simple pleasure of putting pen to paper. While we live in a world of digital diaries and reminders on the cloud, the habit of writing things down has its own charm. Shreshtha Poddar loved jotting down little notes even as she tapped away at her phone and computer. This led to idea for Notex Notemakers, a notebook manufacturing company. Shreshtha’s father, Kailash Poddar, had always wanted to start a notebook manufacturing company, so that his four children could work together. But Kailash was unable to see…

PM pitches for corporate investment in agriculture

June 26, 2019June 26, 2019 Loknath Dascorporate, for, In, investment, pitches, PM

“Agriculture is the backbone of rural economy. But we need to change the old ways of thinking,” Prime Minister Narendra Modi said. “We need to think beyond partisan lines to hand-hold the farmer. The corporate world has no investment in agriculture beyond making tractors. There needs to be more investment in food processing, building warehouses, facilitating the movement from seed to the market. We need to have a futuristic vision for agriculture,” Modi said in his reply on the motion of thanks on the President’s address in the Lok Sabha…

India becomes investment darling for sovereign wealth and pension funds

June 21, 2019June 21, 2019 Loknath Dasand, becomes, darling, for, India, investment, Pension, sovereign, Wealth:

London: Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest. Wealth and state pension funds are expanding their horizons to private markets, to complement an existing focus on stocks and bonds. “India is popular with sovereign wealth funds,” said Tihir Sarkar, London-based partner at Cleary Gottlieb, which counts several prominent sovereign funds as clients. “Almost every jurisdiction in the western world is raising the bar for…

Viewpoint | Play your investment with cricket lessons

June 15, 2019June 15, 2019 Loknath Dascricket, investment, Play, Viewpoint, With, Your, |

May 2019 was an action packed month for India as two of India’s three biggest obsessions (Politics, Cricket and Bollywood) kept everyone hooked to their television sets and smart phones for latest updates and live action. While the election campaign and results kept everyone interested during the first half of the month, the Cricket World Cup which commenced exactly a week after the Lok Sabha Election Results did grab a lot of eyeballs over this month. ICC Cricket World Cup—Cricket’s quadrennial 50-over event—is the most coveted prize in the world…