IRCTC IPO

IRCTC IPO sees strong demand: Key things to know before you invest https://www.livemint.com/market/ipo/irctc-ipo-share-price-lot-size-retail-portion-allotment-listing-date-other-details-11569771438193.html

Market Updates

Market Updates::: Good Evening. There are lot of negative developments happening in Global Equity Markets. Most of the economy globally have been seeing *yield curve inversion*. This generally happens when bond yields fall down on account of falling interest rates. ++++ US- China trade war is another negative development +++ Germany which is the industrial town of Europe is witnessing recession +++ There is news that *Industrial Goods Production in China* has collapsed & this in turn affects the economy/ growth of a nation +++ Globally Companies are trimming their profits or has been seeing contraction in global profits +++ Oil prices soaring high on account of several reasons which is generally not good +++ BREXIT issue +++ Argentina Default -- debt & inflation issues +++ Downgrading Ford Credit Rating +++ Thomas Cook Bankruptcy In spite of all these negative developments, Risky Assets like stock markets have gone to all time high, global stocks have delivered more than 20% , commodities more than 15% etc. The basic reason is *there is liquidity coming into the markets*. Hence the global markets are moving in spite of the negative developments. In India on account of US -China Trade War, we have been seeing volatility in the markets.

Planning for Retirement and Planning at Retirement

Happy Navratri Festival

Restrictions On Banks

https://m.economictimes.com/wealth/save/what-happens-to-your-deposits-if-rbi-puts-pmc-bank-like-restrictions-on-your-bank/articleshow/71290092.cms

Plan Investment With A, Goal In Mind

*Good Morning Money!* *Q.* I don't have any goals as such. My children are all married and settled. I earn enough rent income (inflation adjusted, you can say so) to take care of my expenses. I have enough financial assets to take care of any emergency. Will you still insist that I should have financial goals? *A.* Yes, I will still insist you to have goals. I know I am sounding little impractical and crazy. But I do have my reasons behind saying so. Let me explain. Goals need not be popular ones, like child's higher education, world tour or retirement planning. It could be as weiredly named like - "Earning post tax 10% CAGR from Portfolio ABC in next 7 years' time". Ok, how will this help? This will help you to track and review the performances of your investments with much more precision. Now you know what to expect from what. This will also help you to know when you're supposed to redeem an investment. This gives purpose behind making investments. This approach finally brings some orderliness in otherwise chaotic portfolios. A goal is not a goal without a target and timeline. So go ahead, name your goal and put a tag on your investment.

Market Updates

Market Updates::: Good evening Recently the Finance Minister had declared lowering of Corporate Tax Rates which could thereby benefit Corporates. In this regard there was some concern regarding the slippage or deficit of 1.45 lakh crores. As per leading economist, the timing of declaration on deduction of tax was perfect. In fact many of the developing nations including United States have done it. Now US- China trade war is at its peak and in fact India's decision to lower tax rates is a good signal for corporates abroad particularly in USA. It also sends signals about the ease of doing business in India easily. In coming days, there is expectation that many US based companies might shift their base from China to India. Secondly Indian economy which is currently consumption based is slowly changing to Investment based economy. Consumption based economy is generally temporary & country's GDP generally multiplies in case of investment based economy. Overall it's good for economy & markets in the long run.