Niveshak March 2015 Issue with Page Flip version
Tuesday, March 31, 2015 , Posted by Team Niveshak at Tuesday, March 31, 2015
Dear Niveshaks,
We hope that the month of March had brought with
it lots of joys and colours with the festival of Holi. The month saw RBI
cutting down the repo rate by 25 basis points to 7.5 percent from 7.75 percent
with immediate effect citing that the fiscal consolidation was better than what
numbers show and that the combined fiscal deficit is much lower due to
government transferring more funds to the states.
The National Payments
Corporation of India announced linking of 15 crore Aadhaar cards with various
bank accounts in India and is expected to reach its target of linking all 17
crore DBT accounts with Aadhaar numbers by 30th June 2015.
On the global front,
we saw the three nations from European Union (EU) France, Germany and Italy
agreeing to join the China-backed Asian Infrastructure Investment Bank (AIIB)
which seeks to provide support to infrastructure projects in Asia. India also
witnessed a two-day visit of IMF chief Christine Lagarde and she supported the
tight monetary stance of the RBI and said that 5 percent inflation is still
high.
Our cover story “Sectoral Analysis of Union Budget 2015” highlights
the effect of budget on various sectors & the lucrative sectors that the
investor community would be eyeing in the future. We all are aware about the
“Make in India Campaign” and how the government is publicizing it with their
full efforts. But can we go forward by merely copying the Chinese Model, or the
change in conditions would require better policies? Our Article of the month
tries to answer this question. Our other section FinGyaan would highlight how
the economies of China & US are intertwined through currency & debt
even when they have big political differences. The Finsight column covers the
effect of falling oil prices on Asian countries. Our FinLife portion of the
magazine would inform you about the advantages and disadvantages of having
Bullion as a part of your portfolio. This month’s FinView hosted the interview
of Vishal Khandelwal – Founder of SafalNiveshak.com who has shared with us the
investment lessons & mistakes an investor should be aware of and his views
about the current situation of Indian Stock Market.
Also, Team Niveshak would like to extend its gratitude towards the
senior team for their continuous guidance and support in taking the Finance
Club of IIM Shillong to new heights and thereby increasing its reach. The
senior Finance Club comprises: Akanksha, Apoorva, Gaurav, Jatin, Tarun, Mohit,
Mohnish, Priyadarshi and Sarath. We hope to continue this relationship and
strive to take Finance Club to newer heights with your continuous support.
To end this brief note, 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 vigour and vitality
to keep working hard.
Thank you.
Stay Invested!
Team Niveshak
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