For good returns, equity investment should be held for these many years

Equity investments should be held for at least seven years for good returns > For a large cap equity find, what should be the ideal holding period if I invest a lumpsum amountnow? – Parikshit Equity investments should be ideally held at least for a horizon of more than seven years. A longer horizon allows a fund manager to stick to stocks wherein he has high degree of conviction, which may need time to play out depending on the stage of the economic cycle. Equity is more volatile and its…

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Himachal signs MoUs for 228 projects with investment of over Rs 27, 515 cr

In Himachal Pradesh, the state government has signed memorandums of understanding (MoUs) for 228 projects during the past few months with investment of over Rs. 27, 515 crores. This is for the first time in the history of Himachal Pradesh that entrepreneurs have come forward in such a big number to invest in the state. Chief Minister Jai Ram Thakur disclosed this in Shimla today while reviewing the progress of various developmental projects. He also instructed the concerned departments to speed up all the required clearances in a time-bound manner.…

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

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…

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

“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…

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Draft National Education Policy-2019 | A Vision Document for new India

Government of India has come up with the draft of National Education Policy-2019 for inputs and very soon the policy may be out in its final shape. The draft was submitted to MHRD by Kasturirangan Committee constituted in 2017. This draft policy is formulated in an inclusive, participatory and holistic manner to meet the changing dynamics of the needs and aspirations of new India. The draft policy is developed on five foundational pillars of access, equity, quality, affordability and accountability. It also promotes innovations and research, aiming to make India…

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PM pitches for corporate investment in agriculture

“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…

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