Thursday 29 August 2019

Will global investors come to economy's rescue?

THE ECONOMIC TIMES
Thu, Aug 29, 2019 | 04:50 PM IST

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Will global investors come to economy's rescue? Will global investors come to economy's rescue?
By allowing 100% FDI in contract manufacturing, the government is hoping to attract investment from companies such as Apple that have so far stayed away from India. Experts say these moves can help make India part of the global value chain.
Vladimir Putin, Tayyip Erdogan open major air show in Russia Vladimir Putin, Tayyip Erdogan open major air show in Russia
Russia showcased to Turkey its fifth-generation Su-57 fighter jet, two advanced helicopters and other latest aircraft as Presidents of the two countries opened a major air show.
Can global matcha craze save Japan's tea industry? Can global matcha craze save Japan's tea industry?
From matcha ice cream to cake and chocolate, producers of traditional Japanese green tea are capitalising on growing global interest in its flavour — even as demand for the drink declines at home.
DGCA assures trouble-shooting of P&W engine issues DGCA assures trouble-shooting of P&W engine issues
DGCA said that about 40% of the domestic seat capacity of India is powered by Neo Engines and therefore, any knee-jerk reaction to completely shut their operations will have serious consequences.
Nepal's Chitrakar families struggles to save dying art Nepal's Chitrakar families struggles to save dying art
Chitrakar families in Kathmandu were renowned traditional painters and sculptors who depicted gods and goddesses on temples, masks of Hindu deities and posters for various religious celebrations.
War on nature must end,' says activist Greta Thunberg in New York War on nature must end,' says activist Greta Thunberg in New York
Interpreters all set for Tokyo Olympics 2020 Interpreters all set for Tokyo Olympics 2020
Next year's Tokyo Olympics will be a fiesta for a team of about 100 interpreters. They will handle interpretation for more than 10,000 athletes representing more than 200 national Olympic committees.
'Fit India Movement' on the birth anniversary of Major Dhyan Chand 'Fit India Movement' on the birth anniversary of Major Dhyan Chand
PM Modi launched the 'Fit India' Movement' on Thursday, saying the initiative is the need of the hour and will take the country towards a healthier future.
Straight outta Karachi: Pakistan's surprise hip hop hub Straight outta Karachi: Pakistan's surprise hip hop hub
Haunted by gang violence and poverty for decades, Lyari was once considered one of Pakistan's most dangerous areas, but those grim realities also inspired a generation of artists and spawned a burgeoning hip hop scene.
How to maximise wealth with mutual fund SIPs How to maximise wealth with mutual fund SIPs
As we said earlier, investors already know the efficacy of SIPs in wealth creation. Between April 2016 – when the Association of Mutual Funds in India (AMFI) started disclosing monthly SIP contributions – and June 2019, SIPs have helped rake in a whopping Rs 2.3 trillion. The SIP share in industry's AUM has risen from around 8 per cent in August 2016 to 11 per cent in March 2019, and to 12 per cent in June 2019.
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