Look at the chart above. If you had invested Rs 1 lakh in 2000 and stayed put, you’d have made Rs 5.48 lakh so far. If, after the global financial crisis of 2008, you had shifted to cash for just a year and then shifted back to equities, you’d have made Rs 2.68 lakh by 2020. If you had stayed in cash all throughout from 2009 onwards, never wanting to invest in equities again after the 2008 crisis, you’d have ended up with just Rs 2.47 lakh. Clearly, staying the course turned out to be the best option. … [Read more...] about Staying invested: Moving to cash in volatile markets can hurt long-term portfolio returns
Indoor farming, which grows food in far less space and with far less water than traditional agriculture (and without being subject to extremes in outdoor temperatures), makes particular sense in the area. “First, we have to deal with a very limited supply of arable land,” says Abdulaziz Al Mulla, CEO of Madar Farms. “So any kind of production method that we use has to be one that’s land agnostic. Secondly, the current way of production draws far too much on our precious water reserves. At the rate we’re going, we might run out of water within the next 50 years.” The company’s hydroponic systems, like those at other indoor farms, can recycle around 95% of the water that they use. The new 53,000-square-feet farm is set to be complete by the end of the year and begin production early in 2021; it’s also designed to expand. The first building covers around 53,000 square feet, 10% of the space that the company has leased in the industrial park. … [Read more...] about Abu Dhabi is investing $100 million in indoor farming as it tries to become more resilient
Even before the novel coronavirus, or COVID-19, outbreak led to a market disruption, the Axis Bank stock had underperformed its peer ICICI Bank by a big margin. There was a 48 percent rally in ICICI Bank against a 20 percent rise in Axis Bank in 2019. But can Axis Bank weather the current storm and provide potential returns in the long run? … [Read more...] about Ideas for Profit | Will Axis Bank weather the COVID-19 storm?
However, this is easier said than done. Fear and pessimism dominate at such times and to overcome fear of investing at such times, investors should start by asking questions like-- will COVID-19 still make headlines after one year? Will life and therefore economic activity come back to near normal after one year? Does India lose more due to fall in exports or does it gain more due to lower oil prices? Will FIIs continue to sell forever? Have the best investments of the past been made around 9/11, Lehman crisis, taper tantrums, European debt crisis, and when FIIs were large sellers or no? … [Read more...] about ‘COVID-19 will pass, why should one let the opportunity pass?’
The highest number of confirmed cases are from Maharashtra at 748, followed by Tamil Nadu at 621 and Delhi with 523 cases. Kerala reported 327 COVID-19 cases, Telangana 321, Uttar Pradesh 305 and Rajasthan 288 cases. Andhra Pradesh reported 226 coronavirus cases. … [Read more...] about Coronavirus pandemic | Death toll rises to 114, number of cases climbs to 4,421: Health Ministry