||SHANIWAR SAMWAD|| 23-10-2021

 First our sincere regret for missing the blog last week. The action and its impact are getting visible now.

The RBI monitory policy came last week which kept all rates as it is. The growth is getting more important than inflation, actually, even after a record high energy price, the inflation of both WPI & CPI is under comfortable level. 

Strangely, the cost of energy is increasing but the same is not reflected in inflation.

The Sensex and Nifty both are increasing without any major correction in recent times. The pricing is high right now, both are given huge discounts to corporate earning at present. The earning of corporates are increasing as businesses increase.

The recent news of Chinese corporates getting bankrupt is being discounted by the market so the third wave of covid19 pandemic.

The supply chain disruption caused by different reasons in China is getting clear and another source addition is getting high priority.

The present situation has been exploited by every corporate in the world and mainly by our own corporate houses.

Different sectors are being added and they are also getting listed with more avenues for wealth creation.

If we check the recent past no. of startups getting the tag of Unicorn is fastest in the world, around fifty unicorns are there.

Wealth creators are actively advising on diversification with overseas FOF getting added to the kitty of investors. But a total of 5-6% of overall AUM should be in the overseas FOF, as all major economic activity is happening in India.

Already we have discussed the pace of infrastructure development, now we have made it in mission mode with the "GATI SHAKTI" campaign, making the decision and its execution in fast mode. All the work will get cleared on time as all departments which are concerned with the project will work as a team, not as silos earlier. This is going to add speed and will change the working culture of the Government.