investment Archives - Page 16 of 23

India tops as Asia’s most investment savvy economy: StanChart

October 30, 2018 Loknath DasAs, Asia’s, economy, India, investment, Most, savvy, StanChart, Tops

India is Asia’s most investment savvy economy and more than two-thirds of the country’s affluent class prefer to use various investment products to achieve their financial goals and greater social mobility, says a study. According to a new Standard Chartered study of 11,000 emerging affluent consumers across Asia, Africa and the Middle East, 68% of Indian people belonging to this segment are using investment products to achieve their financial goals, as compared to an average figure of 57%. For the purposes of this study ‘investment products’ refers to fixed income…

Gold investment demand returns, but rising dollar is a major hurdle

October 28, 2018 Loknath Dasa, but, Demand, dollar, Gold, hurdle, investment, Is, major, returns, Rising

Crude oil prices slipped nearly 3 percent as the Saudi Arabian energy minister said it will keep the market well supplied. Moreover, the Saudi Arabian OPEC governor said on October 25, the oil market could be over-supplied in the fourth quarter. During the week gone by, such statements kept the sentiment in oil market bearish. Next week, the US will release its non-farm payrolls and core PCE price index. It would be interesting to see which direction the yellow metal is pulled. The latest plunge in equity prices and the spike…

Clear signs of investment recovery, upturn may last to up to 2022-23: RBI paper

October 27, 2018 Loknath Das2022-23:, Clear, investment, last, May, of, Paper, RBI, Recovery, signs, to, Up, upturn

There is growing evidence suggesting a definite upturn in investment activity in India since 2016-17, a latest RBI paper has said. The upturn in the current investment cycle is estimated to last up to 2022-23 when the investment rate is estimated to increase up to 33 percent of GDP from the current level of 31 percent. However, this will require policy efforts on multiple fronts such as further improving ease of doing business, expediting resolution of stressed assets, addressing the NPA problem and speeding up implementation of stalled projects, said…

Market volatility: Should you revisit your equity investment strategy?

October 26, 2018 Loknath Dasequity, investment, Market, revisit, Should, strategy, volatility:, You, Your

The BSE Sensex has tanked over 4,000 points since its all-time high of 38,989 in late August. The volatility has been pronounced in recent weeks. Ever since the IL&FS crisis spooked the market, followed by news of DFHL likely to face liquidity issues, the market has seen a roller-coaster ride. Each time hope is rekindled with a couple of days of small rise in the indices, the trend is reversed by adverse news flow on liquidity conditions in the market. The sudden and sharp slide has come a rude reminder…

Bajaj Finance, Cholamandalam Investment, M&M Financial, Ujjivan to get astrological support: Satish Gupta

October 14, 2018 Loknath Dasastrological, Bajaj, Cholamandalam, Finance, Financial, Get, Gupta, investment, M&M, Satish, Support, to, Ujjivan

Weekly planetary position: Moon will be transiting in Scorpio. Lord Jupiter in Scorpio, Venus and Mercury in Libra. Lord Saturn in Sagittarius. Ketu and Mars in Capricorn. Lord Rahu in Cancer. Sun in Virgo, Pluto in Sagittarius. Neptune in Aquarius and Uranus in Pisces With commencement of new Samvat (Hindu New Year), astrologically, based on planetary position, certain new sectors start getting strong astrological support and start outperforming, while some others sectors which were performing earlier start underperforming. Some sectors/stock remains laggard. Based on our experience of over 20 years as financial astrologer,…

Virgin’s Branson halts talks on $1 billion Saudi investment in space ventures

October 12, 2018 Loknath Das1, Billion, Branson, halts, In, investment, On, Saudi, Space, Talks, ventures, Virgin's

British billionaire Richard Branson said on Thursday that his Virgin Group would suspend its discussions with Saudi Arabia’s Public Investment Fund over a planned $1 billion investment in the group’s space ventures, in light of the disappearance of Saudi journalist Jamal Khashoggi. “What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change the ability of any of us in the West to do business with the Saudi government,” Branson said in a statement. Branson also said he would suspend his directorship…