In Archives - Page 6 of 116

Investment in equity mutual funds drops 41% to Rs 75,000 crore in 2019

January 20, 2020January 20, 2020 Loknath Das000, 41, 75, Crore, Drops, equity, Funds, In, investment, Mutual, Rs., to

Investors pumped in nearly Rs 75,000 crore in equity-oriented mutual fund schemes in 2019, a sharp plunge of 41% from the preceding year, mainly hit by extreme market volatility amid slowing economic growth. Experts, however, are of the view that equity schemes will attract investor interest this year as the market is expected to perform well. “While volatility in the market may continue for some more time going forward, we believe investors will want to benefit from this volatility and use it to create and growth their wealth. As we…

Livingfoodz.com rises in the ComScore India report for Lifestyle

January 12, 2020January 12, 2020 Loknath DasComScore, for, In, India, Livingfoodz.com, Report, Rises, The

livingfoodz.com, the digital arm of LF -India’s premium multi-platform lifestyle brand from the Essel Group with presence in TV, Digital and Events has hit the 2. 4 Mn users mark in December, 2019. Securing the top 10 position (excluding food ecommerce) in comScore has placed livingfoodz.com ahead in lifestyle over many legacy players owing to its unique content, its distinctive focus on trends and Tv catch up. Speaking to the curious at heart who love to explore, travel and live life to the fullest; livingfoodz.com caters to the adventurous foodie,…

Warren Says Swift Change in Health Care Could Make People Uneasy

January 5, 2020January 5, 2020 Loknath DasCare, change, Could, Health, In, Make, People, Says, Swift, Warren

Elizabeth Warren said Saturday that a big change in the U.S. health-care system would make a lot of people “uneasy,” emphasizing she wouldn’t immediately push a full Medicare for All plan until people have three years to try it. At a town hall in Manchester, Iowa, one voter asked Warren why her Medicare for All plan would take three years to implement rather than putting it in place right away. She said the phase in would give her administration enough time to secure the congressional votes she would need to…

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

January 4, 2020January 4, 2020 Loknath Das'Explore', 20, 82, bn, Can, China, Export, In, India, potential, Products

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…

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

December 31, 2019December 31, 2019 Loknath Das4), Are, Chart, direction, Factors, Growth, In, investment, Likely, Market, pangs, That, to, vs

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…

Govt plans to increase overseas investment limit in insurance to 74%

December 11, 2019December 11, 2019 Loknath Dasgovt, In, Increase, Insurance, investment, limit, Overseas, plans, to

With an aim to attract long-term investment from overseas, the Indian government is planning to increase the Foreign Direct Investment (FDI) limit for insurance firms to 74% from the current 49% in the upcoming Union Budget. The Insurance Regulatory and Development Authority of India (IRDAI) is seeking inputs from the industry on government instructions and a report is expected to be submitted soon, said an ET report quoting a source aware of the development. On December 2, IRDAI in a letter to insurance firms had sought the opinion of stakeholders to increase…