Happy 2015-16!
The new financial year has started on back of an assuring budget session that saw the growth direction been cleared for the coming years through the budgets presented. The session also saw some key bills being passed. The Economic survey too had all the right thought, positioning the pathway for economic revival and indeed strengthening the economic growth in coming years.
The completion of nearly a year of the NDA government has been a positive one with the macro-economic indicators improving visibly but there is also some growing impatience. The ongoing ruckus on the land acquisition bill and the long wait for the revival to actually gain strength on the ground are some of the concerns of the markets. Further, the farm losses due to unseasonal rains and a possibly less than average predicted rainfall are being closely watched and may have some impact of inflation. Fortunately, the government has been on the right track and we need to patience for the actual results to start making news. From what we can expect, this year will be a year of headlines.
Talking about headlines, at Wealth Watch, we are also attempting to make it more enjoyable and informative for our readers. We have restructured some parts and added new sections. For starters, we will be serving out the big headlines that made news in the past quarter, without going too deep into any analysis. We have added a section on Beyond Money to talk about some other important aspects of our lives. In the section Test Your WQ, we are going to put you through a good test of wealth knowledge. Mind you, it will not be a cake walk. Most of us enjoy reading but often complain of not finding enough time to do so. For such readers, we are introducing the Book Review section where we will briefly present the gist of some of the popular books for investors. And with a new 'Info Section', we will share some investments and economy related facts & figures. I am sure that our readers would enjoy these new sections and find them of good use.
This issue also carries the interview of Mr. Sunil Singhania, one of India's top equity fund managers. On the debt side, we are carrying the views of Ms. Lakshmi Iyer, another respected name in the fund management industry. We are also glad to carry an interesting piece on equity investing by Mr. Aashish Somaiyaa. We are sure that the investors would enjoy reading the views of our industry stalwarts in this issue. As usual, we are also carrying the news, updates and analysis on global and domestic economy and markets along with mutual fund recommendations and select scheme snapshots.
At Wealth Watch we are looking forward for this financial year and we stay committed to improve ourselves to help you serve better. Kindly do share your feedback and suggestions on our efforts and the changes that you would want to see for us to be more meaningful.
We wish you a very happy and prosperous FY 2015-16 ahead...
Happy investing!
Regards,
Wealth Watch