Sachin Karpe will give us an insight on why sensex rose to its highest in 2 years. Sign of US shutdown coming to an end is one strong reason. Another global cue is that Fed would not taper the stimulus till 2014, sending out a positive sentiment across equity markets as it assures liquidity across equity markets. (more…)
Archive for October, 2013
Through these series, Sachin Karpe will talk about financial inclusion and why it is important for farmers in India.
About 51 % population in this country is employed in agriculture which contributes only 14% of GDP. This low growth has happened due to ailing financial credits to farmers who have been unable to upgrade productivity of their lands, tells Sachin Karpe. With heavy dependency on monsoon, farmers usually end up earning the major chunk during certain seasons. Many farmers own lands which is less than 2 acres (more…)