Foreign Portfolio Investors (FPIs) continue to be net sellers in India bonds in 6 out of 7 months so far in CY20! The quantum of selling is however receding.It may be a good idea for FPIs to consider some allocation to Indian Fixed income given relatively high carry and a stable currency. Note that India Forex reserves are almost at $535 bn which could offer support to INR when needed. … [Read more...] about Nahi nahi abhi nahi..abhi karo intezaar! Another rate cut likely if inflation is controlled
Aim money market funds
Armed with prospects of high growth, split-second information reach, large doses of capital infusion began to push the new age companies to stratospheric valuations. The stock prices continued to rocket northwards, and retail as well as institutional investors shed the time proven principles of staying invested for a long period of time. Old economy sectors and stocks – infrastructure, construction, public sector companies, metals & mining - started witnessing dwindling traded volumes, clearly highlighting the shift to consumer discretionary, fintech, FMCG and other consumption focussed sectors. Seth Klarman’s words, "The single greatest edge an investor can have is a long-term orientation" seem to be slowly fading away. Economy was disconnected from the stock market was an accepted fact in most investment circles, but by how much and for how long, were the points of debate. … [Read more...] about Value investing: Warren Buffett course-corrects his investment style, should you?
Zomato and Tiger Global have launched preliminary talks for a total investment of up to $200 million, according to a person familiar with the matter. Due diligence is being done and terms have been discussed though no term sheets have been exchanged yet, said this person, requesting anonymity. … [Read more...] about Zomato looks to raise $100 million from Tiger Global
Senior citizen savings scheme (SCSS), a government-backed scheme that allows investment of up to Rs 15 lakh, is another option. Interest of 7.4 per cent is payable quarterly. You can also consider the Pradhan Mantri Vaya Vandana Yojana (PMVVY). It is a pension scheme, announced by the Government of India, available through LIC. It is extended for subscription till March 2023. The interest rate is 7.4 per cent per annum and you can choose the payment frequency – that is, monthly, quarterly, half-yearly or annually. If you can take on some risk, some part of your portfolio can be allocated towards debt, equity of hybrid mutual funds, depending on your risk appetite and time horizon. … [Read more...] about Invest your retirement corpus to get safe income and beat inflation
“Currently, the Indian TV industry imports most of the raw materials and has a value addition of only 10-12 percent. However, with this investment, Kodak HD LED TV aims to increase value addition to 50-60 per cent. The new plant and R&D Centre will help manufacture technology-driven products and introduce more manufacturing lines aligned to Make in India," said Avneet Singh Marwah, Founder, and Chief Executive Officer (CEO), Super Plastronics (exclusive Kodak brand licensee in India). … [Read more...] about Kodak TV to invest Rs 500 crore in three years for manufacturing plant in Uttar Pradesh