“Larger than usual upward revision in inflation!” Such phrases from the Government aggravate concerns over the recurring problem of incorrect calculation of India’s macro economic data. It’s high time the Government sets about correcting the scores of anomalies that creep into these calculations.
The government has its work cut out… manage coalition while trying to reform and meet fiscal target without hampering growth. Based on our internal workings, 5.5% fiscal deficit is more realistic
For long, we have religiously shouldered a big load of misconceptions about money and its perceived management. Academic syllabus is also partly responsible for the widening gap due to its scholastic focus and lack of attention to real world money management. I firmly believe that financial literacy, if taught during formative student years, will become the foundation of a brighter and better financial future. IIFL runs an innovative course titled FIN-LITES in schools across the length and breadth of India, a humble step forward to embrace financial literacy.
Real estate funds score high on many factors, akin to mutual funds. There is a strong case for investment vis-a-vis direct investment in property or realty stocks. With interest rates at elevated levels, banks going slow on realty lending and a dried up IPO market, there is an opportunity to lend to reputed builders for potential IRRs of 15-17%. Read on…
India’s internet saga is all set to scale peak heights in the coming years, with a growing user base and the impressive proliferation of both connectivity and device technologies.
Players with strong balance sheets are likely to break free of the current gloom but the diversion off the dismal still seems distant.
Indian Players in the Pharma industry with good hold over the domestic market and the wherewithal to cash in on inorganic growth opportunities are likely to rule the roost in the coming years
IIFL hosted an hour-long Tweetinar that addressed a volley of queries from Facebook and Twitter - two of the most popular social networking sites. The Tweeitnar was a thundering hit. Here are the excerpts from the online chat..
NCDs have had notable success in recent history. Corporates are viewing this instrument as the best bet to raise funds and demand from retail and institutional investors is high. While there are inherent risks compared to bank FDs, post tax returns are attractive in many cases. Further, reputed issuers are securing these by a charge on company assets. A word of caution: Always check the credit rating and stay away from low rated paper and issuers with generic or vague fund-raising propositions.
India’s biggest failure and the subsequent loss of face before a global audience has been in the area of judiciary. These are all a result of intermittent inordinate delays, political nuisance, cabinet ping pongs and intermittent verdicts. India is believed to be sitting on a pile of over 3.5 crore pending cases. The ‘will’ is missing but we continue to hear the judicial hammer forcibly demanding order in an environment of disorder.