Niveshak Sixth Anniversary Edition (August 2014)

Wednesday, August 27, 2014 , Posted by Team Niveshak at Wednesday, August 27, 2014

Dear Niveshaks,

With this issue, dear readers, Niveshak completes six glorious years of its existence. Niveshak is scaling new heights by introducing a new section every year and this couldn’t have been possible without the constant support and encouragement shown by our esteemed readers. This year, Niveshak has seen several changes with the introduction of new sections such as Finview and Finpact. Monthly updates on Niveshak Investment Fund (NIF) has become a hallmark of the magazine. Your constant feedback is our source of motivation.

Ten years of uneasy calm at Ashoka Road headquarters of BJP has ended as firecrackers burst on May 16, 2014. “Ache din aane wale hai” has been the voice of the country and as expected it was Modi’s government at the centre. With the great hope comes the great responsibility and with this change in government, there are lot of expectations in the new making of India. With the India’s economic reform and liberalization programme running out of steam and growth lingering around 4%, the new prime minister faces an uphill task to turn his manifesto points to effective national policies. Taking a cue from this, at Niveshak, we believe that there has been in shift in the gears of economic progress. And that is why we would like to present you with the “Gears of Indian Growth Engine” as the theme of this anniversary issue.
As you flip through the pages, you can find a rich mix of ideas and opinions by the industry experts and also by the future managers. Both have expressed their critical views on the main drivers of the economy in boosting the Indian economy. One common idea you find is the constant encouragement and optimism in the policies shown with regards to the future of the country. There is a sudden upsurge in stock markets immediately after the formation of the new government and the markets still continue to record new highs. With the fiscal deficit reaching 56.1% of its projected target in the first quarter itself of the financial year, the claim to contain the fiscal deficit at 4.1% of the GDP may sound too utopian but with the plethora of comprehensive efforts laid down that shall pick up in the months to follow, Indians are buoyant and cheering. We expect a balance between the dual objectives of disinflation, which if proceeds as warranted, we can expect interest rate cuts and revival of growth, which is projected at 5.4% in the current fiscal year.

As a precursor to this anniversary, we organized a series of events under the aegis of ‘Celebratio- Celebrating 6 glorious years of Niveshak’. We received enthusiastic participation in all the 3 rounds which were conducted in the last week of July. More than 100 articles were received from top B-schools of India for this anniversary edition of Niveshak. We would take the opportunity to express our heartfelt gratitude for the huge response to our initiatives. As, we warm up for yet another year of learning and exploring the world of finance, may we have the pleasure to have you on board. We expect that you will keep bestowing your support, encouragement and contribution to your much cherished Niveshak. Together, we will scale new heights and take Niveshak to a whole new level!

Thank you.

Stay invested!

Team Niveshak
(click on image or here to view)

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