The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
India is on a tear with 9% growth rate for the economy. Although it is debatable whether one can say such a growth has completely trickled down to the smallest of the investor or not, there is an amazing pace of growth occuring in the country. The last two years were badly affected by the Global economy – specially in terms of jobs. In the end, however, things bounced back a bit.
As 2010 draws to a close and 2011 starts, let us take a look at what the experts are saying in the media about the investment options and direction of the markets in the coming year.
If you have any thoughts, please do share with us as well.
Rupee may be heading to 36-38/$? Dhaval Shah of Investacademy argues for those levels. Do you agree? If that is so, then what may be the impact on the economy as a whole?
Lakshmi Iyer, Head- Fixed Income and Product, at Kotak Mahindra Mutual Fund says
Banks with high CASA, Pharma companies that have a wide FDA approval and diversified product portfolio, and Media with a deeper reach, may be the key sectors in the following year. Also, the FMCG and the IT sectors too could look positive in the following year.
Ashok Jainani, vice president – research and market strategy, Khandwala Securities says:
In the short to medium term, Cement, engineering, telecom, select banks, power stocks look attractive
Mkts can gain around 17% in 2011 – Anand Tandon of JRG Securities
As per Mark to Market column of LiveMint – the analysts at Motilal Oswal Securities Ltd are pointing out that, Tata Consultancy Services Ltd is confident that it cangrow by 20% for the next 3 years. Infosys is also looking at a growth of 20% for 2012 fiscal.
Deepak Seth picks up 5 mid caps for 2011: Deepak Fertilisers, Jindal SAW, Bajaj Electricals, Federal Bank, and Shree Renuka Sugars.
The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
This visit of India left me with many questions. Many observations and inputs from different people and sections. Food for thought that I have tried to contemplate on and make sense of. Sharing all that with you.
When you analyze the last 60 years of the economic miracles of Singapore, South Korea and Malaysia versus the continued impoverished Indian economy, you get very interesting lessons. Can Indians have the wherewithal in them to do in one generation so that the coming generations may rise?
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