A New World Order
The electoralquake after US polls has shook nations, predictions, geopolitical alliances, and politics. Donald Trump winning the 2016 presidential election in a “clean sweep” has left shocking ripples behind for Hilary’s supporters, who are still calculating, “how did it happen?”. Now, it’s time to reckon with reality that Mr. Trump has found access into the oval office and is all set to take ahead America with his isolationistic ideology.
His coming to power has put all the previous alliances into question. When Europe is on the verge of losing its trans-Atlantic relation, then his rhetoric remarks has put the future security of Japan and Korea on stake. Contrary to this, we heard Trump praising Modi as a “great man” and is looking forward to become “best friends with India”. Also, Russia has been supporting Trump from the beginning and is anticipating warmer ties this time. Political pundits are predicting an unforeseen world order. Are Trump, Putin and Modi the three new faces of the political scramble?
A lot happened in November not only in US but also in India that has altered economic calculations. Modi’s surprise announcement of Demonetization is hailed as the biggest Financial revolution since independence. But is India, on the verge of becoming a cashless economy is yet to be seen.
But right now, the move has put an impact on various sectors. We have covered every detail of the currency ban in this issue of Investors India so that our readers can plan well their investments. We have also included, how women instead of keeping cash at homes can route their savings through SIPs to get better returns. Readers may also find our Lifestyle Section interseting to know the benefits of laughter as it can help us to live a healthy and longer life.
GST: Freedom from Archaic Laws
Recently, we accomplished the silver jubilee of our economic liberalization. Year 1991 was the year reforms, a year of inception, when we unbridled our economy of restraint.
With GST Bill we are on our way to re-write the fate of prevailing archaic laws. The GST will perhaps be the single most important reform stimulus since 1991-92. If the bill is passed, 2016 will witness transformation in the Indian Economy.
It will help create a unified market, which would enable seamless movement of goods across states and simultaneously boost production. And therefore, put India’s fiscal system on the cutting edge of the world market economies. 2016 will witness transformation in the Indian Economy.
The world is undergoing turbulences, one after another, but India, however, appears to be much better placed. The dependence on domestic markets is the core reason of being safer but reforms in financial sector by the government and large forex reserves provides additional cushion against any internal and external market volatility.
This month, Investors India presents our readers with International Mutual Funds, a way to diversify a part of your portfolio, globally. The Cover Story of the month will reveal the methods you should follow to achieve complete financial freedom by effortlessly meeting your financial goals. Furthermore, you can also make your health better with tips on healthy liver in our section: Lifestyle Planning.
Wishing You Prosperity!
