Four investment products that didn’t deliver in the last decade

It is not always easy to talk someone out of investing in real estate. The pushback comes in the form of stories handed down by family or friends of making superlative returns by selling property. According to the 2017 report from the household finance committee of the Reserve Bank of India (RBI), the average Indian household had 84% of its wealth in real estate and other physical goods, 11% in gold and just 5% in financial assets. Even investments like cryptocurrencies gathered followers, partly through stories of individuals who got into them early…

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

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…

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Consumer Email Use Up 17% Over Last Year, Is Your Business Engaging?

The fourth annual Adobe Consumer Email Survey has revealed consumer use is up 17% year over year. This is despite the fact there are now more channels available for consumers to interact and engage with their favorite brands. The survey points out consumers are checking their personal email an average of 2.5 hours on any given weekday. This is in addition to spending an average of 3.1 hours checking their work email. Suffice it to say, email is not going anywhere anytime soon. This includes small businesses looking for an affordable and…

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Xiaomi Says It Shipped 9.2 Million Smartphones in India Last Quarter

HIGHLIGHTS Xiaomi shipped 9.2 million smartphones in Q3 2017 This is a record for the Chinese company in the country Xiaomi Redmi Note and Redmi 4 are the top selling smartphones Xiaomi has announced that it shipped 9.2 million smartphones, a record number of units, in India in Q3 2017. The announcement was made by Manu Kumar Jain, Vice President Xiaomi and Managing Director Xiaomi India in a tweet. Jain also shared a piece of trivia about Xiaomi smartphones shipments in the country. “We started with a humble beginning of…

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Air Quality in January Relatively Better than Last Year: SAFAR

Residents of the national capital have breathed “relatively better” quality air this season so far compared to last year. According to the Ministry of Earth Science’s System of Air Quality and Weather Forecasting and Research (SAFAR), this is largely due to weather conditions that have not contributed towards accumulation of suspended particulates. “The recent spell of rain has washed out the particulates. So the city is enjoying the season’s best quality of air at this moment. January till now has been relatively better than last year,” Gufran Beig, Project Director…

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The last drive

A traveler sees what he sees, and a tourist sees what he comes to see. This is the last drive, the last stretch of road. This incredible journey comes to an end and I’m determined to make the most of it! The best thing about the journey on this show is that we let the road, the people and the place guide us, without planning out every little detail. And I have learnt that this is the best way to discover a new place. We started our final drive from…

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