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Category: Investment

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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India can explore $82 bn export potential in 20 products in China: Report

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

India can explore an annual $82-billion export potential in twenty products, including electrical equipment and ferro alloys, in the world’s second largest economy China, according to a report. Indian exporters have a competitive advantage as far as these twenty goods are concerned. Currently, India meets only 3.3 per cent or $2.7 billion of the total annual import demands of $82 billion for these 20 products in China. India’s exports of these 20 products are worth around $15 billion to the world, which is 4.5 per cent of the country’s annual…

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Growth pangs vs investment: 4 factors that are likely to chart market direction in 2020

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

Karthikraj Lakshmanan We see that the earnings growth is likely to be more in the mid-teens for the Nifty50 index. Considering the growth slowdown, market leaders with healthy balance sheets and good free cash flow generation at the broader market level are better positioned to grow faster than the industry and the economy. Earnings growth is more likely to pick-up towards the second half of 2020 as one sees the fruit of the recent steps taken by the Government and how some of the strategic divestments pan out to provide…

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How to become rich: Top 10 investment options for New Year that can make you rich

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

If you wish to become rich, make a plane, and start investing early. All of us wonder how we can make money without much effort. However, only a few follow the winding path towards becoming rich. To become rich, a person needs to have a good financial plan and also learn how to invest. Once you learn the art and science behind making idle money work for you, you will have a better chance at becoming rich effortlessly. Needless to say, one can become financially stable if they inculcate the habit…

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5 important investment lessons 2019 taught us

Loknath Das, , , , ,

Fixed deposits remain the preferred investment tool for countless Indians, especially for risk-averse investors like senior citizens and retirees Representational image  |  Photo Credit: BCCL Analysing financial events and practices of the past can help us improve our financial habits in the future. The calendar year 2019 has left a trail of learnings for all of us to ponder upon – things that can lead us to making wiser financial decisions in 2020 and beyond. I’ve highlighted a few of such money lessons that 2019 taught us to ensure we enter…

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China’s investment in highways, waterways up 2.9 pct in Jan.-Nov.

Loknath Das

BEIJING, Dec. 22 (Xinhua) — China’s fixed-asset investment (FAI) in highways and waterways registered steady growth in the first 11 months of the year, official data showed. Total FAI in highways and waterways reached 2.16 trillion yuan (about 294 billion U.S. dollars) during the January-November period, a year-on-year growth of 2.9 percent, according to statistics from the Ministry of Transport. Specifically, investment in inland rivers expanded 7.5 percent to reach 54.75 billion yuan, while that of highway construction recorded a growth rate of 1.9 percent to 2.02 trillion yuan during…

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