Another risk factor in investing in India.

Majority of Indian startups has toxic work culture and the same is not true for any US or Europe based startup. Indian startups just copy paste ideas from the west and apply it to Indian context. We don't have original product barring few such as Postman and all. Why is it so and how we can improve the situation?

Was catching up with a friend of mine in Gurgaon for lunch today. Afterwards, his uncle joined us because they had to get some work done for his cousin's wedding. So, I came to know that he manages an equity fund for a popular wealth management fund in the country. He was commenting on the recent rise in the market after quite some time now. According to him, we are maybe in the midst of a good bull run with good capital inflows already in the market. He mentioned that there will always be naysayers until the markets get overbought and then naysayers will start screaming that we're in a bull run when it is already too late by then to buy anything. However he did mention two of his major concerns. FIIs combined hold a very significant amount of holdings in the Indian market when compared to DIIs, this means that there is some risk when they decide to book profits. Secondly, he commented that it fine to trade as a hobby but remember that there are players in the market who will hunt stop losses during a bull run. You will never know when that happens. So avoid trading and buy and hold was his advice.

- The Indian government has increased the tax rate on equity derivatives trades and capital gains from equity investments, effective immediately for some changes and from October for others. - Taxes on stocks held for less than one year have been raised to 20% from 15%, and for those held over one year to 12.5% from 10%, which may hurt short-term market sentiment but incentivize long-term investment. - The securities transaction tax on futures has been nearly doubled to 0.02% from 0.0125%, and on options to 0.1% from 0.0625%, causing a temporary dip in major stock indexes. - Fund managers believe the tax changes will bring rationality to options trading and encourage better investment behavior, despite being a short-term negative for the market. - Additional tax adjustments include reduced taxes on listed bonds and unlisted shares held by foreign companies, and changes to the taxation of company share buybacks. Source: Reuters

Both indexes began diverging sometime close to when Fed started to aggressively hike rates. It appears that the post-COVID rally was more favourable to the S&P but NIFTY is currently outperforming on absolute returns. My idea is fundamentally simple. Financial prudence during the raging recovery paid off for us, the economy appears resilient and poised to do well in the near to mid-term. It also reflects that markets are pricing recessionary risk very differently to both markets. Any ideas by others?

- Indians flocking to stock market, pulling savings from banks - Bank deposit growth at lowest in over a year, alarming government - Deposits provide cheapest funding for investment, crucial for growth - Mutual fund accounts up 134% in 5 years as Sensex climbs 26% - Slower credit growth and higher loan costs pushing firms to bond market Source: [bloomberg](https://www.bloomberg.com/news/articles/2024-08-30/stock-mania-sucking-cash-from-banks-threatens-india-s-growth)

Missed the last COVID rally but this time it has rewarded. How many of you are invested in Bitcoin? My biggest regret is not to invest in Bitcoin in 2012 when I got introduced to it by a good friend!

thought on p2p lending as a investment like Cred mint, 12 percent club, OkNivesh (okcredit) Grip Invest, India P2P etc. i do not faced any problems with withdrawal and i used Cred mint and 12 percent club but scared as might be chances there NPA will increased and i might not able to withdraw my whole month i kept around 8L in cred mint and 3L in 12 percent club your thoughts?

- Congress has asked Prime Minister Narendra Modi for his stance on a billionaire tax ahead of the G20 meeting. - Brazil's proposal for a 2% wealth tax on billionaires, supported by several countries, could raise significant funds for public investments. - A research paper suggests a 2% wealth tax and a 33% inheritance tax in India could generate 2.73% of GDP in revenues. - A survey shows 74% of Indians support taxing wealth to address global issues like hunger, inequality, and climate crisis. - Former leaders have urged current G20 leaders to support a global billionaire tax, though some nations have raised objections. Source: Economic Times