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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12 Changes In Mindset That Can Benefit Your Physical Health

Action starts with a thought. Not necessarily much thought, it might only last a few seconds, but typically how we think sets the stage for what comes next. When it comes to improving health, challenging our mindset can result in significant benefits if we can commit to the challenge of following through. Here are 12 changes in mindset that science suggests can lead to physical health benefits when action follows. 1. Change your “vacation can wait” mindset. Many of us go months, sometimes years, saying “we need a vacation” without taking one.…

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Indian businesses ahead of global peers in preference for PE: Report

About 56% of family-owned businesses in India will seek private equity funding as they look to grow their businesses, a new survey found. Globally, just 39% such businesses are willing to partner PE funds, it added. According to India’s Family Business Survey 2019 by audit and consulting firm PwC, 29% of Indian businesses were currently sourcing funds from PE and venture capital firms, against just 16% worldwide. About 25% of Indian family businesses were about to start using PE capital, the report said. PwC interviewed 2,953 family businesses globally for the survey,…

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[Funding Alert] Facebook debuts startup investment in India with Bengaluru-based Meesho

Meesho, a Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook. This is Facebook’s first investment in an India-based startup, and is a strong demonstration of the company’s commitment to the country’s vibrant internet ecosystem, the Silicon Valley company said in a statement. Founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho has created an alternate distribution channel by empowering housewives, young mothers, aspiring entrepreneurs, students, and teachers, to launch, build and promote their online businesses…

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Modi government’s 2nd term: Where to invest in stock market now?

The return of Narendra Modi as Prime Minister has pumped adrenaline into the stock market. As it became clear on Thursday that the BJP will get a clear majority, the benchmark indices created history: the Sensex crossed the 40,000 mark and Nifty rose above 12,000. Though both indices retraced from those levels due to profit booking, the formation of a stable government at the Centre is seen as good news. The markets prefer a strong, stable regime without the crutches of coalition because it ensures continuity in economic policies. “Investors…

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India tops in investment in Dubai’s gold sector

Indians lead the top 10 nationalities investing in Dubai’s gold sector followed by the citizens of Pakistan, Britain, Saudi Arabia, Switzerland, Oman, Jordan, Belgium, Yemen and Canada, according to a new report. As many as 4,086 companies operate in the gold sector in Dubai and the number of investors stands at 62,125 including 60,012 businessmen and 2,113 businesswomen, the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) said in its new report. The report includes statistics on the number of companies operating in Dubai, the…

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