Skip to main content

Featured Post

A Comprehensive Guide What Are the Best Stocks to Buy on the NSE?

  Introduction   India’s National Stock Exchange (NSE) is one of the world’s most dynamic value markets, advertising speculators introduction to a wide cluster of sectors—from data innovation and pharmaceuticals to buyer merchandise and budgetary administrations. As the Indian economy proceeds to develop, numerous retail and organization financial specialists ponder which stocks merit a put in their portfolios. Whereas there is no one ‑ size ‑ fits ‑ all reply, a taught approach that centres on essentials, valuation, and macro ‑ economic patterns can offer assistance you recognize high ‑ quality companies with solid development prospects.   Understanding the NSE Scene Metric What It Means for Investors Market Capitalization Large ‑ cap stocks (₹10,000 crore +) tend to be more liquid and less volatile, while mid ‑ caps and small ‑ caps can offer higher growth but come with greater risk. Liquidity (Average Dail...

India benefited from China's strict laws, investment of American tech companies including Google-Facebook








Since the beginning of 2020, there has been a flood of investment of big tech companies of America in India. These companies have invested about $ 1.27 lakh crore in India from January to July 15. These companies include big tech companies like Amazon, Facebook and Google. The investment is part of a $ 20 billion investment in India's tech industry. In January, the US e-commerce giant Amazon announced an investment of about Rs 7400 crore for $ 1 billion. At the end of April, Facebook announced an investment of about $ 6 billion crores in India for $ 6 billion. On July 15 last week, Google announced an investment of about $ 75 billion crores of 10 billion dollars.


This situation has not changed overnight over large investments in India. Until a few months ago, American tech companies were in conflict with Indian regulators and their CEO had to travel to Delhi. But things have changed since then. Coronavirus has brought the global economy to a standstill. India too has not remained untouched by this. Apart from this, tensions have also increased between India and China regarding Tech. The Trump administration has expressed disbelief in the Chinese companies, adding to the tone of India. In the end, India has emerged as the first choice for American tech companies to deal with the challenges facing China and Hong Kong.


Another aspect of the flood of investment of tech companies in India is also India's digital economy. There are around 700 million Internet users in India. About half of it has come online. This is a big prize that big tech companies cannot ignore for a long time. According to Jay Gulis, head of tech policy at the US-India Business Council, tech companies are confident that India will remain a good market for a long time. The rules here are going to be fairly fair and transparent.


Silicon Valley companies have been leaving China for a long time. China's censorship mechanism is the biggest responsible for this. Apart from this, new security laws imposed in Hong Kong by China are also a big issue. The new security law empowers Hong Kong's authority to regulate tech platforms. It also includes downgrading posts that pose a threat to China's national security. Facebook, Google and Twitter have said that they will stop sharing data with the Hong Kong government. At the same time, Tittok has decided to leave Hong Kong.


Mark Lamley, director of the Law, Science and Technology Program at Stanford University, says doing business in China is getting harder and harder. Such situations are arising in China that they cannot do business there without compromising morality. America's distrust of Chinese tech continues to grow. Last week, US President Donald Trump took credit for thwarting the expansion plan of China's tech company Huawei. The Trump administration has been consistently advocating a ban on Chinese apps TikTok and ByteDance.



Comments

Popular posts from this blog

Know All About Sovereign Gold Bond Scheme (SGB)

    The first time Sovereign Gold Bond Scheme was first introduced by the Government of India in the Union Budget of 2015-16. It was introduced by the Government of India to reduce the demand for the physical gold form and a part of this physical gold is bought every year in the form of gold bands for the purpose of invest in SGB.   Latest on Sovereign Gold Bond Scheme    A tenth tranche of the buy SGB Series – The Sovereign Gold Bond Scheme 2021-22 - Series X in which the Reserve Bank of India (RBI) sell gold bonds linked to the market price of gold on behalf of the government made available for investment will be open for buy SGB for the period from February 28th to March 4th.   What is Sovereign Gold Bond?   The Sovereign Gold Bond is an initiative taken by the Government of India to reduce the demand for physical gold as per the Reserve Bank of India as the increasing import of gold is affecting the growth and investment of India. Large quantities ...

Know that senior citizens get many special concessions in income tax

  People above 60 years of age, i.e., senior citizens, not only get the benefit of income tax exemption but also receive special relief from income tax on investments and returns. Elderly citizens do not have to pay any income tax on income up to Rs 3 lakh.   Exemption in tax limit under 80C limit: The tax exemption limit for old citizens in a financial year is Rs 3 lakh, while a common man gets tax exemption only up to Rs 2.5 lakh. For very senior citizens who are above 80 years of age, it is Rs 5 lakh. That is, if the annual income of a senior citizen is up to Rs 3 lakh and TDS has not been deducted, then he need not file an income tax return. Similarly, very senior citizens need not file income tax returns if they do not have an annual income up to Rs 5 lakh.   If the age is more than 75 years then no return is required: Those above 75 years of age are not required to file tax returns. There is no any need to file ITR for people above 75 years of age who are ...

Axis Bank has changed the interest rates of Axis Bank Fixed Deposit

  Axis Bank has changed the interest on Axis Bank Fixed Deposit Scheme (FD). Now 7 days and 29 days FD will get 2.50% interest. Apart from this, now investor will get 5.75% interest on FD of 5 to 140 years. The new interest rates have come into effect from March 18, 2021. Earlier in January 2021, SBI also changed the interest on FD.   Now how much interest rate will be received on FD     Time P eriod New Interest Rate (in%) Old Interest Rate (in%) 7 Days to 29 Days 2.50 2.50 7 Days to 29 Days 3.00 3.00 3 to 6 Months 3.50 3.50 6 to 11 Months 25 Days 4.40 4.40 11 Months 25 days to 1 Year 5 Days 5.15 5.15 1 Year 5 Days to 18 Months 5.10 5.10 18 Months to 2 Years 5.25 5.10 2 Years to 5 Years ...