Niveshak September 2014 Issue with Page Flip version
Monday, October 6, 2014 , Posted by Team Niveshak at Monday, October 06, 2014
Dear Niveshaks,
The month of September 2014 has seen the Prime
Minister of India, Narendra Modi concluding a successful visit to Japan in
which investments of USD 35 billion were promised by Japan over the next five
years in development projects.
During the five-day visit, his first outside the subcontinent
since becoming PM in May, Modi invited Japanese investments while hard-selling
India as a conducive destination for business particularly for the
manufacturing sector. The two countries also decided to enhance cooperation in
defense and other strategic areas and also signed five pacts covering defense
exchanges, cooperation in clean energy, roads and highways, healthcare and
women while vowing to take their relationship to newer level. Then came the launch of ‘Make in
India’ campaign which aims at investments in the 25 identified growth sectors
and as a consequence, generate employment.
But
the highlight of the month was, definitely, Mr. Modi’s US visit. Enthralling
Americans and the Indian-American community, his visit marked a new direction
in strengthening of Indo-US ties. In the four-day visit, Modi not only met the US
President Barack Obama, but also sought to invite investment from prominent
CEOs and urged the Indian-American community to take up a greater role in the
development of India. India and the US issued a vision statement "Chalein
Saath Saath: Forward Together We Go." The vision statement said that
US-India strategic partnership is a joint endeavor for prosperity and peace,
and through intense consultations, joint exercises and shared technology, their
security cooperation will make the region and world safe and secure.
On
the whole, the entire investor community is upbeat about India after Modi’s
successful foreign consultations and business pitches. Even the business
community around the world is extremely optimistic about investing in India and
is waiting for an opportunity to open up in the country. With S&P also
upgrading the rating from negative to stable, India is only set on a path of
positive economic reforms and consistent growth.
On
the magazine front, the cover story deals with low interest rates that are
prevailing globally. It essentially analyzes the interest rates across the
globe, in major economies, and their impact on Indian economy. The Article of
the Month (AOM) discusses about de-allocation of the 214 coal blocks. The
article talks about how the decision infused fear in the minds of investors who
were benefitting from the surge in the markets since the new government has taken
over the center. It also talks about how the mid-cap companies are affected by
this verdict and that whether there is enough cushion for them to pull back.
FinSight discusses about the MSME sector and how it has been the backbone of
Indian economy their financing needs through CGTMSE. FinGyaan article on ‘Impact
of regulation on Indian economy,’ talks about how the ‘over-regulation’ is
crippling investor sentiments and has become a bone of contention in India’s
growth. FinView has the excerpts from the discussions with a senior level executive
from India’s leading E-Commerce firm. Classroom section shares knowledge on Letter
of Credit.
We would like to thank our readers for their
immense support and encouragement. You remain our prime motivation factor that
keeps our spirits high and give us the vigor and vitality to keep working hard.
Thank you.
Stay invested!
Team Niveshak
(click on image or here to view)
