Gold Silver Reports (GSR) – Foreign Investors Can Invest In T-Bills, Says RBI — As per the revised framework, foreign investors can invest in government debt without any residual maturity restrictions. In 2014, the RBI has said that foreign investors can only invest in government securities with a residual maturity of three years. The restriction had been put in place after foreign investors sold short term Indian debt heavily once the U.S. Federal Reserve indicated that it will start to taper down its quantitative easing program.
investment
Bitcoin Is Failing As Currency
Gold Silver Reports (GSR) – The only way to value the likes of Bitcoin correctly is to recognise that it’s a speculative investment and not a currency, said Damodaran who is known for his work on valuing companies and understanding stock investments. “If you put the currency in pocket and you forget about it for a year then at the end of the year if you put it out then it shouldn’t have lost half its value.”
See Bitcoin as a Lottery, Not an Investment
Gold Silver Reports – See Bitcoin as a Lottery, Not an Investment – A tea seller in Mumbai’s newest corporate hub claims to have bought 4 bitcoins, at Rs1 lakh each, in May 2017. He is already sitting on a handsome profit, given the price of Rs13.64 lakh per bitcoin—as per Coinome as on 19 December. However, he says he will wait till next year when the price would be around Rs15 lakh a bitcoin. On being asked how he knows for sure that the price will move to that level, he responded with an assured, “Aap dekhna (you’ll see).”
An Investment-Lite Growth Model?
Gold Silver Reports – An Investment-Lite Growth Model? – Cast your eyes on the accompanying chart. It’s well known now that the International Monetary Fund (IMF) has forecast 6.7% growth in India’s gross domestic product (GDP) this year, which will improve to 7.4% next year and further to 7.8% the year after next. That the slowdown in growth is temporary is indeed good news.