How can smaller communities achieve and sustain economic growth, even in the face of national economic volatility and companies exporting jobs overseas? advertisement advertisement According to Fourth Economy, an economic development consultancy, the key ingredients are “investment, talent, sustainability, place, and diversity.” And to make its point, the Pittsburgh-based group is ranking how various-sized communities are performing against those criteria. The latest, covering those with 100,000 to 150,000 people, names Georgia’s Clarke County top in the nation, followed by Monroe County, Indiana; Johnson County, Iowa; Tompkins County, New York; and Lee County, Alabama. Such communities, says Fourth Economy, have the characteristics “to attract modern investment and managed economic growth,” and are preparing the ground for wage and employment growth, educational improvement, and other signs of health. Stephen McKnight, the group’s vice … [Read more...] about The Most Economically Innovative Small Communities In America
Best in midcap is over and the worst in the mid-cap stocks is also over. This has now become a normal market which is the best market to invest in as you now know the depth of the ocean, Vijay Kedia, MD, Kedia Securities, said in an interview with Moneycontrol’s Kshitij Anand.Q) Much of the uncertainty is out of the way and 2019 will be an important year. What is your outlook for the coming year?A) Uncertainty and market go hand-in-hand. One uncertainty goes away to leave space for the new one. The year 2019 would be there with some new uncertainties. Well, don't worry, and embrace it. Uncertainties are like opposition parties. They keep you awake and alert.Close Q) After a straight 0-3 loss for BJP in Assembly elections, do you think Modi’s popularity is going down? Will it be tough for Modi to for the goverment again in 2019?Vijay KediaMD|Kedia Securities Fresh highs possible by Budget 2020; wait for dips to get into midcaps: Vijay KediaAll my investments are down, but … [Read more...] about Best and the worst in mid-cap stocks over, 4 stocks are on Vijay Kedia’s radar
International funds are mutual fund schemes that primarily invest in stocks of companies located outside India. By investing in international markets, these funds allow investors to benefit from international growth stories, thus boosting portfolio returns. It is a great way to diversify one's portfolio.An investor looking to invest in international funds should first understand his/her investment objective. If the investment objective is simply to earn higher returns, then it may not be advantageous to take risks while investing in international funds. Prateek Mehta, CEO & Co-Founder, Upwardly.in, said, “If you want exposure to some of the biggest global companies like Google, Microsoft, Amazon, etc in your portfolio, then investing in international funds is a convenient method.”Who should invest in international funds?According to Mehta, “If some of your future expenses like children education in international universities are to be … [Read more...] about Should you invest in mutual fund schemes investing overseas?
Moody's changed its credit outlook on India to "negative" from "stable" on November 7.Close The Global rating agency has cited that the country’s economic growth will remain lower than in the past. India’s economy grew only 5 percent year-on-year (YoY) in the June quarter. It was the weakest pace since 2013, as consumer demand and government spending slowed amid weak global cues.In this episode of Editor's Take, Moneycontrol's Sakshi Batra talks to Deputy Executive Editor Gaurav Choudhary to find out the reasons for the downgrade, when the government has taken a series of reforms to strengthen the economy.Watch the video for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check … [Read more...] about Editor’s Take | Moody’s lowers India’s outlook to ‘Negative’
San Diego, California authorities approved construction of a $320 million seawater desalination yesterday in a massive-scale attempt to stave off the state’s infamous droughts. According to the Pacific Institute, the plant will be the first large-scale desalination system on the West Coast and the biggest operation in the Western hemisphere. The plant, set to be built near Carslbad, CA, will filter 50 million gallons of water each day. When the plant is complete, it will filter 100 million gallons of water daily for nine water agencies in San Diego County. Water infrastructure company Poseidon Resources will build the plant with reverse osmosis, a process that removes salt by filtering it through tiny membranes. It’s a controversial process, mainly because of concerns about cost and energy use–a 25 million gallon a day plant costs up to $100 million. The system also raises questions about the impact on fish from the pumping process as well as ecosystem changes … [Read more...] about Can a $320 Million Seawater Desalination Plant Keep Droughts at Bay?