December 6, 2011
Fixed Term Plan – Series DV from Birla Sun Life
Fixed Term Plan – Series DV from Birla Sun Life
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December 2, 2011
FDI in retail
FDI in retail in India has been opened up and it has caused a whole lot of controversy in the country. Parliament is not able to work and opposition is pushing government for a roll back. FDI basically stands for foreign direct investment. India had signed agreement of trade in services by world trade organization so it was expected to happen here.
FDI in retail in India has been opened in a systemic manner. As per the existing rule, a foreign firm can’t have majority shareholding in a retail firm. FDI in wholesale was initially opened under government approval rule in 1997 and later it was bought under automatic route in 2006. As per the new rule, foreign companies will have permission to work in retail sector in India and hold majority share in the company.
FDI in retail in India has been discussed in past also but as it is approved now by the government, issue is on the floor. Traders have also opposed it. Foreign direct investment in India will have its own ups and downs. So it is not going to be easy for global retail players to handle and manage Indian supply chain and distribution channel which is still largely unorganized in the farming sector.
FDI in retail in India have its own pros and cons but it is definitely going to help in employment generation and farmers because they will be directly interacting with these chains therefore getting better rates than what they get while dealing with a traditional commission agent who act as intermediary between him and buyer.
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November 29, 2011
Pharmacy Colleges in India
There are many Pharmacy Colleges in India. Pharmacy education is gradually growing and more & more people are joining pharmacy course. One main reason behind it is the steady Pharma sector. Here is a list of 50 Pharmacy colleges in India. There are not listed in their rank but this is simply a list of pharmacy colleges in India;
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November 28, 2011
Birla Sun Life Fixed Term Plan – Series DT
Birla Sun Life Fixed Term Plan – Series DT (A Close ended Income Scheme)
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November 25, 2011
Money Money Money
If your mantra and objective is “Money Money Money” and you have trying your luck in stock markets then you are at wrong place. At least current conditions are pointing in the similar direction. Stock markets have been devastated and concept of Money Money Money has gone as well.
Money Money Money is the favorite word or phrase for investors as well as traders but 2011 has taught us that stock markets are like a playground where you can’t play unless until you know the game and can’t win unless until you play by rules. Indian stock was doing well and post 2008, there was a euphoria among investors and policy makers who probably thought that India is immune to global issues and nothing can go wrong for Indian growth story.
Money Money Money is fine if we first put things in order. A thing like inflation which has now become a household term in India is merely because of mismanagement. Thousands of tons of food grains has been wasted and instead of working on fixing that, various governments have ignored the matter and RBI will simply increases the interest rates expecting things to settle.
Demand and Supply are the biggest factors influencing any market across the globe, but instead of fixing distribution channels and eliminating corruption which would eventually ease the state and the governments our governments have been trying to do everything else. Auto sales have fallen sharply which has never happened around the festive season of EID and Diwali. But this year was different, even festive season failed to cheer the people.
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November 23, 2011
Dollars to Rupees
Dollars to Rupees exchanges have been going up for sometime now. From a level of 44 rupee has fallen to a level more above 52 against US Dollars in the last few months. Dollars to rupees exchange is very critical for Indians. A weak rupee indicates slow down in economy and therefore investors especially foreign investors are withdrawing their funds from Indian Stock Market.
Dollars to Rupees is also important because a high dollar at time may encourage foreign investors to put more dollars in Indian stock market as high currency rate may help them in getting more fund in Indian Rupees in India. But things are different at the moment. Inflation is high, news of scams and controversies are more often than ever before and there are clear visible sign of slow down in short term in Indian Economy.
Dollars to Rupees exchange rate depend upon lot of factor but at the moment reason seems to be the instability in the global economy and investor’s trust in Dollars. Investors across the globe are pumping their money in Dollar and withdrawing funds from emerging economies like India. USDINR conversion touches many lives in India. Stock market have fallen more than 500 points in one day and this is going to further damage the investors sentiment.
But everyone is not at received end, NRIs who sends billion of dollars every year, are happy to get high conversion rate. Rupee touched a record of 52.73 on Tuesday. Experts believe the current trend to stay for some more time and there are few analyst who are indicating that Rupee may even touch levels of 55. Exporters are having good time because they are currently getting high conversion rates on their earned dollars and other major foreign currencies.
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November 22, 2011
Crude Oil Price
Crude oil price has been trading in a narrow range. It was trading at $116.32 in the month of April 2011 and then it slipped to $100.46 in the month of August, 2011. Since then it Crude oil price has been moving in this narrow range and currently crude oil price is $ 99.92. Oil market has been in lot of buzz in the last few months with the oil prediction that there might be some scarcity in the future. Most of the oil price forecasts are indicating a rise in oil prices.
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November 18, 2011
Kingfisher airline
There has been lot of news about Kingfisher airlines in last few weeks. Or rather we can say that there is lot of negative news about Kingfisher airlines. Kingfisher airline has been going through lot of turmoil and at a moment, there were speculation of this airline going down. Kingfisher airlines which are considered as one of the best airlines in India is currently facing severe fund crunch and debt are creating huge problems for the company. They have to cancel many flights to sustain themselves.
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November 18, 2011
Bonds in India
Bonds available for investment in India.
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November 16, 2011
Good Stock-Sun Pharma
Sun Pharma is a good stock to buy in the current market conditions. Moving forward from our last post on Cipla and pharma sector stock, Sun pharma is our next good stock to buy in long term. Sun Pharma is one of the biggest pharmaceutical company in India and it has got very good presence in overseas markets. It’s acquisition of Taro has also boosted its business in overseas markets. Taro has given very good results in last few quarters and remains very strong subsidiary of Sun Pharma to give good numbers.
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November 15, 2011
Capital gain tax
Capital gain tax, as the name suggest is the tax on capital gain. It basically refers to profit earned by selling non-inventory asset like shares, mutual funds units etc. In India, capital gain tax basically comes into the picture for those who deal in shares, mutual funds, bonds, real estate etc. There are different capital gain tax on short term and long term assets. In India, The tax rate on long-term capital gains is 20.6% of the profit after indexation of cost and if a stock is sold within one year from the date of purchase, then capital gain tax is applied on that on a different rate.
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November 15, 2011
shares market
Shares market fell sharply today to touch an intraday low of 16,838 at BSE Sensex. The markets were going through the fear of debt crisis spreading further. It recovered some part due to buying seen in auto sector. But largely shares market remained volatile and traded in narrow range. The Sensex finally ended 236 points lower to close at 16883 and Nifty ended at 5069 down by 80 points.
Shares market across Asia were struggling and global worries contributed a lot to the fall of markets today. Though, this fall doesn’t come as a surprise but at the end, it added fuel to the already raging fire in the shares market.
Shares market also had to digest the downgrade of India’s growth by Macquarie, which also had a negative impact on it. Shares market has been trading in this fashion for some time and short term bets are not paying off.
This is an ideal time for sit and watch along with cherry picking the quality stocks. Stocks like Cipla are very good for long term portfolios and investors with long term horizon can easily shoot big birds. Lot of large cap stocks is available at discounted price and investors can take this opportunity to build their portfolios.
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November 15, 2011
Cipla stock review
Pharmaceutical sector is one of the safest sectors to be in turbulent market conditions. It outperformed the most of the sectors in 2008 and there won’t be any deal, if it happens again. One of the biggest reasons behind is their market which is quite insulated to current market factors like inflation, interest rates and instable political situation.
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