Beyond Market Magazine - November, 2024

In this issue

The month of November was abuzz with action, largely driven by the US Presidential elections. Securing a second term, President-elect Donald Trump is now at the centre of global attention, with the world closely watching what lies ahead. In this context, where does India stand? Will the Indian economy and India Inc benefit from potential opportunities, or will they face challenges? Read about the possible implications of this significant development in our cover story.

Apart from this, the issue covers several pertinent topics, including the International Monetary Fund’s latest economic forecast and its implications, the Reserve Bank of India’s measures to curb questionable practices among certain NBFCs to safeguard customer interests and strengthen sectoral health, and the current state of India’s steel industry, along with its future prospects as China continues to dominate global market share. We have also explored the impact of piracy on the entertainment industry, the potential for tax reductions on health and life insurance policies, and the changing borrowing and saving habits of the younger middle-class population.

In addition to these, the article on the recently introduced NPS Vatsalya Yojana presents an opportunity for parents or guardians to start saving early for their children’s retirement. While the scheme has its limitations, early savings have consistently proven to be an effective strategy for building a sizeable corpus. Learn more about this initiative in the Beyond Basics section.

Lastly, the Beyond Learning segment digs deeper into American investor Howard Marks’ latest memo, which stresses the enduring importance of adhering to economic fundamentals, even amid uncertain times. Marks stresses on the fact that, regardless of market turbulence, sticking to the basics remains essential for

THE TRUMP CARD

While the return of Donald Trump as US President may create new challenges, it could also present opportunities, particularly as the US seeks alternatives to China

7 mins

STEADY BUT SHAKY

IMF's latest World Economic Outlook forecasts modest 3.2% global growth, with the US thriving while Europe grapples with inflation

6 mins

TAKING A FIRM STANCE

RBI's action against select NBFCs aims to curb the risks of growth at any cost before it jeopardizes the entire system

4 mins

TEMPERED BY FIRE

India's steel sector faces the heat from cheap Chinese imports but holds strong long-term growth prospects driven by rising domestic demand and capacity expansion

4 mins

PIRACY: STEALING THE SHOW!

Piracy is where blockbuster hits go cheap because the prices are steep

7 mins

EASING THE PREMIUM PRESSURE

The GST council's upcoming meeting hopes to address potential tax reductions on health and life insurance to improve affordability and insurance penetration while balancing fiscal priorities

6 mins

BORROWING BOLDLY, SAVING SPARINGLY

Post-pandemic, India's tech-savvy middle class is leveraging bold borrowing trends, balancing premium spending with smarter investments for a bright future

4 mins

Sow Today, Reap Tomorrow

Invest for your child's retirement from day one - because why wait for adulthood to plan for golden years?

6 mins

NO SHORTCUTS, JUST HARD TRUTHS

Riding the economic rollercoaster, Howard Marks reveals the hard truths about why adhering to fundamental principles is critical for long-term stability

7 mins

IMPORTANT JARGON

SEBI Allows Mutual Funds To Invest In Foreign Funds With Exposure To Indian Securities

4 mins

Read all stories from Beyond Market

Beyond Market Magazine Description:

‘Beyond Market’, a financial magazine that provides readers with insightful articles and in-depth news stories. It offers useful tips on investing apart from capturing current trends in the market and latest developments in the economy.

Beyond Market is a financial magazine published by Nirmal Bang, one of the most trusted retail broking houses in India.