Sensex 27346.33 248.16 0.92%
Nifty 8169.2 78.75 0.97%
I strongly feel that this is the opportune time for the interest rate cut to happen because global commodity prices have fallen, domestic core inflation is down, fiscal and current account deficits are trending down and sentiment for investment is improving- Nirmal Jain
At a time when the economic scenario is being furiously debated, conventional wisdom may incline the decision maker to making a choice like â€˜either Growth or Fiscal consolidationâ€™, but notwithstanding the tough task at hand, a truly visionary leadership will need to pursue both growth and fiscal consolidation simultaneously.
Many a time, our policy makers confuse speculation with manipulation. They put too many restrictions that curb even healthy speculation. I have heard even comments like we should encourage genuine investors but not speculators.
Increasing activism from civil society groups and NGOs have had a deleterious impact on Indiaâ€™s GDP. Opposition to mining and power projects and the concomitant impact on down-stream manufacturing has impacted the economy. Coupled with the stalled coal allocation, the impact on GDP is to the extent of 2.2% in our estimate.
Monetary easing will aid the government's effort to accelerate economy's growth engine as quickly as possible- Nirmal Jain
Post actual results of polls on May 16, depending on the outcome, there will be volatility. But soon after, the markets will again focus on macroeconomic fundamentals, which we believe are improving and that is the basis of the rally over the next three-five years.
Entrepreneurs' decision to invest is based on expectations of profit and not on actual profit itself, which is why it is important for the government to revive sentiment, Nirmal Jain says.
Historical comparison reveals that equities are one of the best asset classes for value creation. Although it is often reinforced to investors that past performance is no guarantee of future returns, but the fact is that it usually is. The article showcases select case studies from last 10-15 years to give insights on the type of companies and sectors that have created value, the ones that haven't and the role of the government.
When I was in school, bureaucracy, or getting a job in the government especially the IAS was the ‘Dream Job’
The market sentiment is likely to remain upbeat till formation of a new Government in June. The up move will be front-ended and H2 2014 may see consolidation take place.
Special offer on the select variants of Ford Figo and Ford Classic across all Ford dealerships across India....
Inorbit malls brings Suranjali's musical performance on 15th and 16th August in Malad....