The world’s largest election commenced on April 19th and is scheduled to span six weeks, involving approximately 969 million voters and 2,600 political parties. This brief write-up delves into the consequent implications for markets and investments. The election period extends from April 19th to June 1st, with the final tallying of results on June 4th, followed by the inauguration of the new administration by mid-June.
In Suriyawan, a town in the Bhadohi district of Uttar Pradesh, India, there lived a boy named Yashasvi Jaiswal who had a big dream about cricket. Cricket was his passion, something that excited him deeply. But in his small town, cricket fields were rare because land was mostly used for farming. Yashasvi’s parents supported his dream but they didn’t have money to buy proper cricket gear or provide him with adequate training. So Yashasvi used whatever he could find, like rolled-up newspapers to play the game he loved.
India Inc’s third-quarter profit growth remains robust, sustaining a double-digit trajectory, buoyed by stable input costs and reduced interest expenses for manufacturing firms. However, revenue expansion stayed below 10% for the third consecutive quarter.
Rakesh Jhunjhunwala’s story is a tale of invincible grit and foresight in the face of financial tides. Often hailed as the ‘Warren Buffett of India’, Jhunjhunwala began his foray into the stock market with a modest sum of ₹5,000 in 1985, before eventually rising to the status of a billionaire investor. His acumen and strategies have left an indelible mark on the Indian stock market, shaping it in more ways than one.
Real estate investments in India have encountered numerous challenges in recent years, including insufficient returns, low liquidity, high maintenance costs, unfavorable taxation, and persistent issues such as scams and deviations from agreed-upon terms and conditions. Real Estate Investment Trusts (REITs) emerge as a practical solution, offering individuals an opportunity to invest in real estate while bypassing these challenges.