"I welcome it (the decision) and congratulate my MSME team for helping in bringing Von Wellx German shoe brand... from China to UP. This will give employment to 10,000 people and also fulfil Prime Minister Narendra Modi's call of attracting investments moving away from China," Singh told PTI. … [Read more...] about Uttar Pradesh taps leather units in China, Brazil for investments
China trade expo
The Chinese side has particularly bolstered its presence in the Galwan Valley, erecting around 100 tents in the last two weeks and bringing in heavy equipment for construction of bunkers, notwithstanding the stiff protest by Indian troops, reports suggest. … [Read more...] about Indian soldiers detained by China last week, released later: Report
Since most of the M&A has been done with a strategic mind than the business acumen or excellent commercial investment, they have perished over the period resulting in a limited success rate. According to statistics from McKinsey, in the past 20 years, the success rate of Chinese companies’ overseas M&A did not exceed 33 percent. However, this does not dampen the efforts of Chinese enterprises to snap up global brands hit by the downturn and are available at lower prices as forecasts indicate Chinese outbound M&A will continue apace. … [Read more...] about China’s M&A diplomacy: Endgame or endless game?
The downside could remain though amid rising tensions between the US and China and the US economic data is likely to become grimmer as the effects of the pandemic become clearer. It is difficult to know what the recovery could look like in the coming months. … [Read more...] about Gold price today: Yellow metal gains on US-China tensions; may rally towards Rs 46,800
A) The portfolio construction depends on many factors like age, risk appetite, goals, financial health, etc. to name a few. A person in his 30s with moderate risk appetite can have approximately 30 percent in Bank FD/liquid Funds/Arbitrage Funds, 20 percent in Debt Funds, 35% Equities, and 15% Gold/Gold ETF (I have excluded real-estate here.). … [Read more...] about Nifty50 Price-to-Earnings premium is largely because of ‘Sher Aaya’ syndrome