Showing posts with label GST. Show all posts
Showing posts with label GST. Show all posts
Niveshak June 2017
Posted by Team Niveshak
on
Saturday, July 15, 2017
, under
2017,
Finance Club,
GST,
IIM Shillong,
june,
Niveshak,
NIveshak Investment FUnd,
TMTW.News
|
Dear Niveshaks,
This month has been quite an eventful one with the Prime Minister visiting and signing pacts with countries like the US and Israel which has both defense-related, bilateral trade benefits as well as economic impacts. The ongoing tussle with China and the renewed talk of make in India should boost consumption of domestically produces goods. The divestment approval for Air India serving a debt of over Rs 50,000 crore, is surviving on a taxpayer bailout. The Indian markets have been bullish, to say the least, and look all set to breach the highest tally ever. Amongst all of this, GST made the biggest impact in the month of June. The GST also addressed as the Good and Simple Tax by Mr. Modi was launched on the 31st of June and created maximum buzz by featuring the maximum number of times in the news portals, morning papers and the discussions of all and sundry.
That said, this month, we bring to you in our cover story another initiative that the present Government is likely to implement, ‘Will India make the shift to a new Financial Year.’ The article deals with a lot of potent questions and thoughts on the shift if it takes place, talks about the background of the current financial year and accounts for the pros and cons of the shift to the new financial year. The magazine team gives their opinions and suggestions on the shift while analyzing the move already implemented by the state of Madhya Pradesh in the conclusion section.
The Article of the Month raises a pertinent question, one that every Indian and Chinese resident ponders about with juxtaposed thoughts on the issue; ‘Can India replace China as a new superpower?’ A must read for the finance enthusiasts with comparisons drawn between the two countries on various topics including the GDP, population, and other macroeconomic factors. The FinSight and FinGyaan sections deal with ‘Capitalism, Inequality and Sustainable Development’ and ‘Indian Pharma – An Ambivalent Aura.’ The articles talk about inequality as a result of the widening
gap between the rich and poor as a result of capitalism and how it affects the sustainable growth of the world. The FinGyaan section deals with the Indian pharma sector; its impact on the Indian economy, GST’s influence on the pharma industry, the importance of US markets for Indian pharma division and the technological innovations in the industry.
In the FinaFame section, you get to read about Sanford I. Weill - The Man Who Invented Financial Supermarket (an institution or a company which offers a full range of financial services under one roof) that includes insurance, underwriting, stock brokerage services apart from a gamut of banking services. The Classroom section shall further your knowledge on ‘triple witching,’ an event that occurs when the contracts for stock index futures, stock index options, and stock options expire on the same day.
Have a fun time going through the various sections of the magazine. We hope you enjoy reading and give us your valuable feedback on what you expect to read in the upcoming volumes.
Stay Invested!
Team Niveshak
(click on image or here to view)
Niveshak July 2016 Issue with Page Flip version
Posted by Team Niveshak
on
Tuesday, August 9, 2016
, under
2016,
GST,
IIM Shillong,
july,
Niveshak,
NIveshak Investment FUnd
|
Dear Niveshaks,
The month made news mainly centred around the monsoon and the GST Bill. The
benchmark Sensex index showed optimism for the month with the index up by
around 2.92% during the month.
The Indian monsoon and the GST Bill attracted the maximum eyeballs in the month
of July. The benchmark Sensex index showed optimism for the month with the index up by around 2.92%.
The two most discussed issues for the month for the Indian economy were the prospect of good monsoon and the push by the government to pass the GST Bill. As has been predicted by the IMD, India would have above normal monsoon after a gap of two years. This is a very important factor for a country heavily dependent on the rainfall for the agriculture sector. Also, one of the most awaited reforms in the Indian economy, the GST Bill, is all set to come into force. The Rajya Sabha has finally cleared the bill after struggling to form a consensus over it for years. Also some of the other events that made news this month was India tryig to host G20 summit in 2018 rather than the scheduled 2019, and some news in FMCG sector where the companies like Dabur and HUL are venturing into new sectors.
On the magazine front this time, July’s article of the month talks about the bankruptcy code. The author asserts the importance of bankruptcy code in making the system more resilient. Our cover story is on the Trans-Pacific Partnership among the nations. The article talks about the recent development where the nations have signed a deal on the final proposal, though it is yet to be ratified. The article focuses on how
it would affect India. In the FinGyaan section, the author talks about the GST Bill and its effects on the Indian economy. The author talks about what benefits India could derive through the implementation of the bill and how it could be a panacea for the Indian economy. The FinRewind section covers the Enron scandal which had rocked the financial world. The author describes the event and provides his insight as to how this scandal made financial systems more robust. FinSight talks about the financial technology companies and their dynamics with the banks. The author supports the perspective that the banks should view the tech firms more as a partner in their growth journey rather than a parallel competing industry. This is based on the
paradigm shift being observed in the way people bank, with major functionalities being transformed for the mobile platform. This time we have brought to you an article on Personal Finance authored by Mr. P. Saravanan, Associate Professor of IIM Shillong, and published in Financial Express. The articles talks about how one should do Industry Analysis.The Classroom section explains the concept of ‘The Big Mac Index’. It is one of the popular indices to measure the purchasing power parity of nations.
Finally, we would like to thank our readers for their immense support and encouragement. You remain our prime motivating factor that keeps our spirits high and gives us the vigour and vitality to keep working hard. We hope you had a great month and wish you the best for the new one.
