The big question doing the rounds now is whether the next round of government scrutiny will be on startups with large Chinese shareholding. If so, there could be multiple repercussions like increased auditing of systems, slowing down of deal clearances and scrutiny of data sharing and storage for these startups, say industry insiders.Startups wary of Chinese investments … [Read more...] about After ban on 118 Chinese apps, Indian startups with investments from Beijing wonder whether they will be on govt radar now
Vietnam import policies tariffs and restrictions
Sushant Singh Rajput death case: Not asking for Rhea's custody remand, we'll seek judicial custody: NCB official Sushant Singh Rajput death case: Rhea Chakraborty arrested by narcotics bureau FIR lodged by Mumbai Police illegal, will take serious action: Sushant Singh Rajput's family lawyer … [Read more...] about Rhea Chakraborty arrested for drug abuse: What do India’s laws say about the use of ganja and charas?
Given the limited fiscal stimulus, so far, there is scope for future action. The corporate sector, especially the medium and small enterprises, self-employed and small businesses have been the worst hit. Lower interest rates and increased credit is unlikely to solve the problems.We need direct support to businesses in the form of subsidies, grants or compensation for labour and other fixed costs borne during the lockdown. PSU banks need to be encouraged to lend more, which, in turn, requires the government to capitalise them quickly. Tariff and non-tariff barriers for imports need to be stricter. Further support for 'Make in India' and a new SEZ policy are needed to kick-start growth. … [Read more...] about ‘Market looks frothy but value stocks may outperform growth ones in short term’
The key drivers for the market are the flood of global liquidity, near-zero interest rates and massive fiscal stimulus in the developed world. The way markets and all asset classes have moved up in the past 3 months, it is clear that markets are expecting a continuation of these policies. With such liquidity flooding markets, it gives us the luxury to look beyond the immediate future i.e. FY21 and focus beyond i.e. FY22. If the economy recovers back next year, then profit growth will be sharp and valuations based on expected FY22 earnings may be justified to some extent. … [Read more...] about DAILY VOICE: Valuations of largecaps & polarization of market into top 10-20 stocks are biggest risks, says Mihir Vora of Max Life
The dollar jumped to a near one-month high, as the pound dropped to a six-week low on renewed worries about Brexit and as risk appetite waned. A stronger greenback makes gold more expensive for holders of other currencies. … [Read more...] about Gold flat as dollar strength counters safe-haven demand