The wholesale inflation has dropped to a five-year low of 1.77% driven by softening prices of fuel and food items and the retail inflation based on CPI eased to 5.52% at the end of October. The SENSEX has risen by about 36% so far this year touching an all-time high and the net investments by overseas investors has reached USD 16 billion so far this year. 

 

The Modi government continued taking some positive steps towards the growth of Indian economy. The union cabinet approved the proposal to amend the FDI policy in construction and real estate sector with the minimum capital requirement brought down to 5 million US dollars from 10 million US dollars. SEBI also revamped the ‘Pro­hibition of Insider Trading’ regulations with more stringent measures, aligning its norms with international practices. The PM visited Australia for the 9th G20 sum­mit where the G20 leaders committed to put in place a mechanism for automatic exchange of tax information between member countries by 2017. PM Modi made his debut among the world’s most powerful people after being ranked 15th on the Forbes list. Government re-launched Kisan Vikas Patra that would help gullible investors to channelize their savings towards a trusted government scheme instead of some Ponzi schemes. 

Our Cover story for the month of November 2014 edition is on Diesel Deregulation which would familiarize the readers with the concept, its pros & cons, impact on the various sectors and further what could be done for the improvement of the various sectors. The article of the month covers the topic of Universal Banking and its future roadmap in India. On the other hand, FinGyaan covers ‘GDP’s origins, relevance & al­ternatives in today’s world, which would take us through the evolvement of GDP. Fin­Sight section is an insight into the HP Split into two companies HP Inc. and Hewlett- Packard as well as discussing competitive scenario and growth opportunities of both. 

Also, the Editorial Team of Niveshak, is pleased to introduce to you our new team, which has been selected to carry on the legacy of Niveshak. They are: Abhishek, Bha­wana, Maha, Palash, Prakhar, Rahul, Ramesh, Sandeep and Vishal. Please join us in welcoming them to team Niveshak. We are confident that the new team will not only meet but surpass your expectations in this and the coming editions. Keep supporting them the way you have been doing to us. 

We are introducing a new column in our magazine ‘FinLife’ which would be covering the aspects of Financial Decision Making. This section will replace the widely cher­ished column, FinPact. This month’s FinView hosted the interview of Prof. Samir K Barua, Ex-Director, Indian Institute of Management, Ahmedabad. The Classroom learning section covers the intricacies of ‘Green Shoe Option’. It provides an in-depth understanding about the concept and the reasons for the exercise of the same.