Mysuru: The Confederation of Indian Industry (CII), Mysuru, had organised a Session on Investment Opportunities in Capital Markets on Saturday. The event held at Hotel Quroum witnessed participation of entrepreneurs from various firms across Mysuru.
Various experts from the related fields delivered talks on Indian economy, investment opportunities and right planning with respect to investments in the current situation of the Indian economic market.
Dr. Sudhir Kamath, Assistant Professor – Finance MYRA School of Business, who spoke on “Indian Economy,” enlightened the participants on various ups and downs of the country’s growth rate and GST factors.
“India is witnessing a trend for transformation today. Unlike earlier when cast and creed related decisions would affect our country’s election of employees, the same decision-making trend is now shifting towards reforms and development, which is a great improvement, though not many might agree,” he said and added that India’s macro economic data points continue to remain strong and thus India will still tend to remain a fast growing G20 economy.
Speaking of the economy of other countries, he said Chinese economy has been showing a positive growth and added: “Going ahead the county specific parameters along with policies adopted by US or Chinese President and their price trajectory will impact sentiments in FY 2017.”
He called upon the gathering to have a transparency in auctioning assets and said that things like JAM (Jandhan, Aadhaar and Mobile) are very important to improve the delivery of government services. Money Management Coach, Simple Equation, Harish Rao, spoke on “Investment Opportunities in Today’s India.” Keeping the common man in India on mind, he dwelt on various aspects one has to keep in mind to witness a good economical growth for a better future in terms of the right investment plans made.
“Investment is a huge topic but it is the common man who always gets affected severely in terms of investments. We often tend to ignore matters like not considering tax payments rightly, not realising that the inflation risks are very high and more. We should hence always keep inflation issues in mind and make right investment, should protect our current purchasing powers and view risk factors in the right perspective that we often tend to ignore,” he felt and added “we should also review our investments every year which 80 percent of the Indians tend to miss upon always.”
Stating that it is good to invest in mutual investment in today’s market trend because they have diversification, he also said that it is good to save money and commit to oneself because an income minus savings is always equal to expenses.
Lokkur Investment Advisors Pvt Ltd., MD Bharathram Lokkur gave an overview on the “Equity Markets.” Earlier, CII Mysuru Finance and Taxation Convenor S. Raman Kumar welcomed.
This post was published on June 25, 2017 6:50 pm