How bumpy depends who&China electric faucet Suppliers39;s talking, but almost everyone agrees the drag on growth is likely to last through next year.5 percent growth shows just how worried people are. July-September will be the last quarter before the impact is felt from # Modi's bold and risky move this month to force people to deposit their hidden cash in banks, making it easy for the taxman to see.But the most pessimistic forecast, from Mumbai-based brokerage Ambit Capital, for a precipitous drop to 3.Having taken credit for putting life back in a moribund economy when he took power 2-1/2 years ago, Prime Minister Narendra Modi's crackdown on tax dodgers and counterfeiters by removing 500 rupee and 1,000 rupee banknotes from circulation has taken the economy down a very bumpy road. Wholesale markets in many cities are shut. could delay the private corporate capex recovery," analysts at Morgan Stanley wrote in a note, adding that they don't expect that recovery to happen before 2018..The better off may have more money to change, but for the mass of Indian's living on the margins the disruption and loss of earnings has caused real hardship.CMIE, an economic think tank, reckons the big banknote swap would cost at least $19 billion by the end of 2016 in foregone wages, lost business, and higher administrative expenses alone..The most optimistic forecasts suggest that India will finish this fiscal year in March with a respectable, but slightly lower growth rate of 7. "The decline in economic activity will lower corporate sales volumes and cash flows.1 percent The most optimistic forecasts suggest that India will finish this fiscal year in March with a respectable, but slightly lower growth rate of 7.5 percent in the September quarter from 7.9 percent posted in the March quarter, but it had recovered momentum, and might have gone higher until Modi launched his attack on the so-called "black economy".Meantime, consumers are spending less, which is hurting small producers who, in turn, are being forced to scale back their activities.
As a consequence, supply chains at small, medium and even larger companies are breaking down.. New Delhi: India can ill-afford to take much pride in having the world's fastest growing large economy when it releases September quarter data on Wednesday, with businesses, farmers and families all suffering after the government's sudden demonetisation drive.The cash crunch has jeopardised production of key commodities and hurt rural communities - just recovering after two years of drought - as farmers lack cash to buy seeds and fertiliser. As a result, the area under cultivation for India's winter crop has declined.Economists expect economic growth accelerated to 7.And, despite the high economic growth rates seen over the past year-and-a-half, factories' capacity utilization ratio remains stuck near their lowest level since 2009. Trucks are stranded with no money for fuel, workers won't load goods for free, and distributors can't pay up."The move will weigh on GDP growth for a few quarters, dampening government revenues," warned credit ratings firm Moody's Investors Service.Knock-On EffectsWith a small stock of smaller notes available and new bills of 500 and 2,000 rupee in short supply, Indians had to stand in snaking queues outside banks and cash machines to change their old notes.1 percent in the June quarter.5 percent in the September quarter from 7.While Modi has been praised for his intentions, people are wringing their hands over the cost of taking 86 percent of the country's banknotes out of circulation virtually overnight.Modi expects the cash situation to become normal by end-December, but critics say he is being over-optimistic.That's not as fast as the 7.The median estimate from a Reuters poll showed economists expect economic growth accelerated to 7."Given that the growth recovery has still not taken full hold, the impact of this demonetisation ."The central bank might prefer to bring forward the rate cut to December to support growth and tap the favourable inflation outlook," said Radhika Rao, an economist with DBS Bank.The liquidity shortage will retard efforts to revive private investment that has been plagued by weak external demand and a slow recovery in domestic demand.3 percent."The quarterly gross domestic product INGDPQ=ECI data released on Wednesday won't show the ill-effects.3 percent.At least the potential for lower inflation holds out some hope that the Reserve Bank of India will extend its easing cycle with a quick interest rate cut.
19IPO.During the period between 2011-14, primary market was in a slump with just Rs 15,284 crore issuance in four years. Jayasankar senior executive director and head of equity capital markets Kotak Investment Banking. After being in doldrums since 2010, the IPO market has seen a revival over the past one-and-half China hot water tap electric faucet Suppliers years as companies have started entering the capital market with new share issuance.The IPO market saw some marquee offerings such as Interglobe Aviation, Coffee Day Enterprises Ltd, Narayana Hrudayalaya, Dr Lal PathLabs, Thyrocare, Equitas and micro finance player Ujjivan Financial. And there is widespread participation from all sets of investors including retail, HNI and domestic and foreign institutional players,” says V.7 per cent stake in its insurance arm to raise Rs 6057 crore, making it the fifth-largest IPO in the domestic capital market..jpg The primary market is buzzing with a strong pipeline of new issuance lined up in the coming months.
The primary market has revived over the past one-and-half years with quality companies coming to tap the market.The primary market is buzzing with a strong pipeline of new issuance lined up in the coming months.All eyes are on the issue as the success of which could mark the beginning return of large corporate houses to the domestic primary market to raise funds.About 25 companies are looking to hit the market with their initial public offerings to scoop up over Rs 25,000 crore from the public market. The current round of issuance are mostly from companies in growth sectors focused on consumer, niche financial services, logistics and healthcare.This week would see one the largest issues in the past six years with private insurance major ICICI Prudential Life Insurance hitting the market with its Rs 6057 crore IPO, the largest since Coal India’s Rs 15,200 crore mega issue in 2010.Interestingly, bulk of these issues was from private equity backed companies looking to give exit for their investors who have provided growth capital when equity market was in a slump.ICICI Bank is offloading 12.Since January 2015, around 45 companies have tapped the market to raise Rs 25,550 crore from the primary market which is almost double the total funds raised in four years preceding years
Like many of us, Delhi-based Mallika Arya loves to travel a lot. Mallika Arya electric water heater Manufacturers Like many of us, Delhi-based Mallika Arya loves to travel a lot. She has taken a year off to travel around the country and South-East Asia, but what makes her trip different is that she has pledged to make it as eco-friendly as possible. Mallika recently completed a two-year teaching fellowship, which inspired her to take up the challenge. “I’ve worked closely with kids for the past two years and it really made me think. We teach them so much about being environmentally conscious and celebrate the Earth Day every year, so I got exposed to all this and decided to do something about it.” says Mallika, who travels only in buses and trains in the country.The 23-year-old started her journey from Himachal Pradesh in May and now plans to traverse the lands of the South. In her travel bag, one can always find a biodegradable toothbrush and coffee-mug made from bamboo and fibre, a reusable straw, a shampoo bar and her own water bottle. She has made many lifestyle changes to make this trip possible and it has not always been easy.
The first response I get from people is, ‘She carries her own straw! What a freak!’ In the past three months I had to buy a bottle of mineral water once in Manali because I could not find a tap anywhere, and I felt so bad,” she says.Her journey includes Cambodia, Thailand and other South-East Asian countries, which are very highly dependent on plastic. “I really like talking to locals when I travel, so I hope that when they hear about what I am doing, they get influenced and make some changes in their lifestyle,” she says.Her travel is helping her explore this style of living and new innovations. She found a company in Pondicherry who are bringing back cloth in place of sanitary pads. “Nobody ever talks about how long it takes for our sanitary waste to decompose. Just one pad takes about 400 years to completely decompose. So, I am looking for alternative means. Since I will be travelling and cloth is not a viable option for me, I am planning to use the menstrual cup, which lasts for a good nine months or so,” she says.Talking about what she expects this tour to do for her, she says, “I am nowhere close to being perfect, but I do hope that one day, I reach a stage where I produce zero waste,” she says promisingly.
Like many of us, Delhi-based Mallika Arya loves to travel a lot. Mallika Arya electric water heater Manufacturers Like many of us, Delhi-based Mallika Arya loves to travel a lot. She has taken a year off to travel around the country and South-East Asia, but what makes her trip different is that she has pledged to make it as eco-friendly as possible. Mallika recently completed a two-year teaching fellowship, which inspired her to take up the challenge. “I’ve worked closely with kids for the past two years and it really made me think. We teach them so much about being environmentally conscious and celebrate the Earth Day every year, so I got exposed to all this and decided to do something about it.” says Mallika, who travels only in buses and trains in the country.The 23-year-old started her journey from Himachal Pradesh in May and now plans to traverse the lands of the South. In her travel bag, one can always find a biodegradable toothbrush and coffee-mug made from bamboo and fibre, a reusable straw, a shampoo bar and her own water bottle. She has made many lifestyle changes to make this trip possible and it has not always been easy.
The first response I get from people is, ‘She carries her own straw! What a freak!’ In the past three months I had to buy a bottle of mineral water once in Manali because I could not find a tap anywhere, and I felt so bad,” she says.Her journey includes Cambodia, Thailand and other South-East Asian countries, which are very highly dependent on plastic. “I really like talking to locals when I travel, so I hope that when they hear about what I am doing, they get influenced and make some changes in their lifestyle,” she says.Her travel is helping her explore this style of living and new innovations. She found a company in Pondicherry who are bringing back cloth in place of sanitary pads. “Nobody ever talks about how long it takes for our sanitary waste to decompose. Just one pad takes about 400 years to completely decompose. So, I am looking for alternative means. Since I will be travelling and cloth is not a viable option for me, I am planning to use the menstrual cup, which lasts for a good nine months or so,” she says.Talking about what she expects this tour to do for her, she says, “I am nowhere close to being perfect, but I do hope that one day, I reach a stage where I produce zero waste,” she says promisingly.
Like many of us, Delhi-based Mallika Arya loves to travel a lot. Mallika Arya electric water heater Manufacturers Like many of us, Delhi-based Mallika Arya loves to travel a lot. She has taken a year off to travel around the country and South-East Asia, but what makes her trip different is that she has pledged to make it as eco-friendly as possible. Mallika recently completed a two-year teaching fellowship, which inspired her to take up the challenge. “I’ve worked closely with kids for the past two years and it really made me think. We teach them so much about being environmentally conscious and celebrate the Earth Day every year, so I got exposed to all this and decided to do something about it.” says Mallika, who travels only in buses and trains in the country.The 23-year-old started her journey from Himachal Pradesh in May and now plans to traverse the lands of the South. In her travel bag, one can always find a biodegradable toothbrush and coffee-mug made from bamboo and fibre, a reusable straw, a shampoo bar and her own water bottle. She has made many lifestyle changes to make this trip possible and it has not always been easy.
The first response I get from people is, ‘She carries her own straw! What a freak!’ In the past three months I had to buy a bottle of mineral water once in Manali because I could not find a tap anywhere, and I felt so bad,” she says.Her journey includes Cambodia, Thailand and other South-East Asian countries, which are very highly dependent on plastic. “I really like talking to locals when I travel, so I hope that when they hear about what I am doing, they get influenced and make some changes in their lifestyle,” she says.Her travel is helping her explore this style of living and new innovations. She found a company in Pondicherry who are bringing back cloth in place of sanitary pads. “Nobody ever talks about how long it takes for our sanitary waste to decompose. Just one pad takes about 400 years to completely decompose. So, I am looking for alternative means. Since I will be travelling and cloth is not a viable option for me, I am planning to use the menstrual cup, which lasts for a good nine months or so,” she says.Talking about what she expects this tour to do for her, she says, “I am nowhere close to being perfect, but I do hope that one day, I reach a stage where I produce zero waste,” she says promisingly.
Like many of us, Delhi-based Mallika Arya loves to travel a lot. Mallika Arya electric water heater Manufacturers Like many of us, Delhi-based Mallika Arya loves to travel a lot. She has taken a year off to travel around the country and South-East Asia, but what makes her trip different is that she has pledged to make it as eco-friendly as possible. Mallika recently completed a two-year teaching fellowship, which inspired her to take up the challenge. “I’ve worked closely with kids for the past two years and it really made me think. We teach them so much about being environmentally conscious and celebrate the Earth Day every year, so I got exposed to all this and decided to do something about it.” says Mallika, who travels only in buses and trains in the country.The 23-year-old started her journey from Himachal Pradesh in May and now plans to traverse the lands of the South. In her travel bag, one can always find a biodegradable toothbrush and coffee-mug made from bamboo and fibre, a reusable straw, a shampoo bar and her own water bottle. She has made many lifestyle changes to make this trip possible and it has not always been easy.
The first response I get from people is, ‘She carries her own straw! What a freak!’ In the past three months I had to buy a bottle of mineral water once in Manali because I could not find a tap anywhere, and I felt so bad,” she says.Her journey includes Cambodia, Thailand and other South-East Asian countries, which are very highly dependent on plastic. “I really like talking to locals when I travel, so I hope that when they hear about what I am doing, they get influenced and make some changes in their lifestyle,” she says.Her travel is helping her explore this style of living and new innovations. She found a company in Pondicherry who are bringing back cloth in place of sanitary pads. “Nobody ever talks about how long it takes for our sanitary waste to decompose. Just one pad takes about 400 years to completely decompose. So, I am looking for alternative means. Since I will be travelling and cloth is not a viable option for me, I am planning to use the menstrual cup, which lasts for a good nine months or so,” she says.Talking about what she expects this tour to do for her, she says, “I am nowhere close to being perfect, but I do hope that one day, I reach a stage where I produce zero waste,” she says promisingly.
The Centre is set to constitute a Rail Development Authority (RDA) that will not only recommend passenger and freight fares but also lay down a road map for the transformation of Indian Railways. The Centre is set to constitute a Rail Development Authority (RDA) that will not only recommend passenger and freight fares but also lay down a road map for the transformation of Indian Railways. The move is seen as the beginning of the clipping of the wings of the Railway Board.The government has changed the name of the Rail Tariff Authority to Rail Development Authority to give it a much larger mandate, on the lines of independent regulators in the insurance and telecom sectors.The RDA, sources said, is being set up on the lines of the Commissioner for Railway Safety (CRS), which is under the ministry of civil aviation. “The RDA electric instant heating water faucet Suppliers is proposed to be set up under either ministry of finance or corporate affairs to make it independent of the railways.
The body will not only function independent of political interference in recommending passenger and freight fares, but also suggest changes in policies and rules to attract private investment,” sources said.The setting up of the RDA is being seen as a major reform in line with the Bibek Debroy Committee’s recommendations of January 4, 2015. The RDA was constituted by PM Narendra Modi. “The PM is keen to change the character of the railways, which is seen as a top-heavy bureaucratic organisation. Despite a number of reports in the last one decade, the railways thwarted all attempts to institutionalise changes. The setting up of the RDA through an executive order without going thro-ugh the rigour of getting parliamentary approval is an indication of urgency at the top level of government to go for strong reforms,” sources added. The urgency to set up the RDA comes after Indian Railways admitted that it is bearing a loss of Rs 34,000 crore in passenger traffic, which is being cross-subsidised by higher freight fares, which, in turn, is forcing goods transporters to shift to the road sector. “The proposed body will be a professional entity that can help tap private investment and suggest ways to run the railways with professional competency, unlike the current scenario where those from the railway cadres have monopolised its functioning,” sources added.The RDA is being set up along with the exercise of accounting reforms underway to allow it to know exactly how much is being spent to transport a passenger or goods so that it can recommend realistic fare revisions. The proposed body will also provide a credible way out from the current paradox of the railways being a customer for private players in public-private partnership projects and also being the arbiter when a dispute arises. The railway ministry had placed a concept note on setting up of the body in the public domain about six months ago and the feedback from a cross-section of stakeholders was examined.
Leadership has three aspects: the leader, the people who are to be led and the goal. wholesale instant electric water heater tap Here & Now Leadership has three aspects: the leader, the people who are to be led and the goal. A leader must have clear and concise knowledge of the destination or goal which he wants to lead people to; s/he must also be aware of the path and the means necessary to reach the goal; and lastly, the psychology of the followers must be understood. This is a very important aspect. If you do not have any idea of what motivates them or their way of thinking and you speak about very high and lofty goals, you will not be effective.To lead by an example is the best way to guide others. The leader must be detached, patient, enthusiastic, dynamic and inspiring.The motivation of a leader must be the welfare of all. A true leader is one who is interested not only in the material prosperity of people, but also in their spiritual unfoldment.
These two are goals of dharma — all round prosperity in the world and spiritual unfoldment. Both are necessary for a flourishing society. It is important for a leader to recognise that the majority of people have countless desires and ambitions for worldly things. But it should be pointed out that if they go on acquiring more and more objects, there will only be a quantitative change in their lives, but no qualitative transformation. “Lokasangrah” or societal upliftment is the objective of a leader — one has to lead people towards material prosperity and also impress upon them that there is a spiritual goal in life that has to be desired and attained.
Investors in the equity markets are expected to see a slew of equity oriented schemes targeted to meet children’s long term funding needs. Investors in the equity markets China wholesale electric tap are expected to see a slew of equity oriented schemes targeted to meet children’s long term funding needs. Atleast four fund houses have filed a draft offer letter with the Securities and Exchange Board of India (Sebi) over the past one-year seeking the regulator’s approval to launch children specific plans. They include Reliance Children Fund, SBI Children Benefit Fund, DSP Black Rock Children Gift Fund and Mahindra Mutual Fund’s Bal Vikas Yojana.
The main objective of the scheme as mentioned in the offer letter is to generate long-term capital appreciation and income by investing predominantly in equity & equity related instruments and balance in debt and money market instruments to help the investor in achieving the financial goals for the children. “We already have a debt oriented scheme focussed on children. Since equity is the flavour of the season, we expect our new scheme to gain significant traction among investors,” said Dinesh Khara, managing director, SBI Mutual Fund. While child plans are almost similar to other equity oriented schemes in terms of the investment philosophy, one major advantage of child plans according to Mr Khara would be the way an investor perceive this scheme. “Investors would hold this scheme with a slightly longer time horizon which would be closely aligned with their child’s financial goals.
The financial goals could be anything like paying higher education fees or to meet marriage expenses. The tendency to withdraw funds from such schemes to meet other financial requirements would be less,” said Mr Khara adding that investors could choose a systematic investment plan (SIP) route or a lump sum investment according to their ability. According to DSP BlackRock Mutual Fund, units in the scheme should be held in the name of beneficiary child, who must be less than eighteen years on the date of investment. The investment plan will have sub plans like ‘compulsory lock-in’ and ‘no lock-in’. “Investment will be locked-in till the unitholder (being the beneficiary child) is 18 years of age. Investment may be redeemed after the unitholder is 18 years of age or 3 years from the date of allotment, whichever is later,” DSP BlackRock MF said in its offer letter.
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