Niveshak January 2014 Issue with Page Flip version
Friday, January 31, 2014 , Posted by Team Niveshak at Friday, January 31, 2014
Dear Niveshaks,
With yet another issue of Niveshak, we wish you
an ebullient and wonderful year ahead. Amidst relentless cold waves, January
has been an eventful month. Starting with social networking, 30 million users
were added to the cross platform app, WhatsApp, in January. With 430 million
users, it poses direct competition to SMS.
Meanwhile, Anand Sharma, India’s Commerce
and Industry Minister, said further liberalization of Foreign Direct Investment
Policy will ensure India’s endeavour to retain its leadership position in
attracting foreign investments. The three-day International Kite Festival
(IKF), inaugurated by Gujarat Chief Minister Narendra Modi in Ahmedabad recorded
a surge in the Kite market crossing INR 500 crores. It also strengthened the
tourism sector. Prime Minister Manmohan Singh laid the foundation stone of a
nuclear power plant in Fatehabad district of Haryana at Gorakhpur village.
While Chief Minister Arvind Kejriwal’s decision to cut tariffs by half through
a subsidy may have made Delhi power the cheapest in the country, but doesn’t it
threaten to undo all recent reforms in tariff rationalisation across the
country? Delhi may have the money to subsidise power; the problem is that many
other states do not have the financial wherewithal to follow. In the Common
Admission Test 2013, eight engineers scored 100 percentile.
It gives us immense pleasure to launch
the ‘Niveshak Investment Fund’ wherein we have decided to invest in a
diversified portfolio of equities hand-picked by us. Our endeavours are all set
to outperform the market. The Article of the month, ‘Will REITs Breathe Life
into the Comatose Indian Real Estate Markets?’ dwells into the depth of Indian
Real Estate Market and discusses the prospects of REITs in India. Our cover
story ‘Rationalization or Revamp: Future of Indian Taxation System?’ analyses
the problems with the current taxation system and the nitty-gritties of the
proposed taxation on banking transactions. Our next section, FinSight, brings
forward the impacts that GST, one of the most awaited reforms, would bring
about. Our article on ‘Downfall of Kingfisher Airlines’ gives us insights on
how the mighty player came down on its knees. FinGyaan article ‘When the
“BRICS” start to fall’ speculates whether the golden era is over for these
growing countries. We are introducing a new section ‘FinView’ from this month.
It will have excerpts from the conversation with subject matter experts from various
domains of finance. Our section on FinView is an interaction with Mr. Puneet
Prakash, Associate Professor, Virginia Commonwealth University. He threw light
on the future of risk management in India and around the world. He also shared
the recent happenings and trends in the field of risk management. ETF is a
security that tracks an index, a commodity or a basket of assets like an index
fund, but trades like a stock on an exchange. Our classroom section gives a
clear idea of what ETFs actually are.
We would like to thank our readers for
their immense support and encouragement. You remain our prime motivation
factor which keeps our spirits high and gives us the vigour and vitality to
keep working hard. Thank you.
Stay invested!
Team Niveshak
(click on image or here to view)