How Latest News Influences Lives
With
unemployment soaring at the global level, household investors turning almost
bankrupt in share market, and companies going bust; all portraying a bleak
economy, humdrum life has been greatly affected. Failing of banks and
companies, aired as per latest news, have generated the risk sensation in
many a investor's mind, thus affecting the money market.Investing in shares,
taking into account the current Indian money market and then creating a
mental framework to identify multibaggers, has been of concern for many a
investor today. Equipped with a huge cache of information backed by business
news, especially the latest news, intelligent and practical investors conduct
research on the investing strategies of the biggest shareholders, learning
from their experiences on stocks and shares. The breaking news that brought in rays of hope amongst investors and companies alike are those related to the developmental measures being implemented by the government. The Reserve Bank of Indiaput interest rates at a lower level further giving assurance that deposit rates would decline as well. A stimulus package introduced by the government, which cut central value added tax (Cenvat) by 4 per cent in the real estate, auto and infrastructure sectors is good news for all engaged in the said sectors. The fuel hike that led to a double-digit inflation has been checked too with petrol price slashing by Rs 5 per litre and diesel by Rs 2 a litre; thanks to the falling global crude prices. The latest news airing the said initiatives have brought back smiles in the lips of many. All sectors have been greatly affected and Indian exports figure has gone down. The tourism orb is showing a grim scenario with lavish hotels or posh resorts having low tourist attendance. Similarly, auto sales went down also encompassing communication, entertainment, transportation, and more. Living lifestyle has changed with many an elite and middle class family switching to living cheaply, as evidenced by live videos aired on the Internet. many are switching to cheap subscriptions whether it is the Internet (broadband) package or the cable package. Sale of audio and video CDs, DVDs, etc. have gone down with music fans flocking for free songs. This is more like a breaking news for the common people. The money market has greatly affected one and all alike. At this juncture, as per business news aired, many manufacturers are trying to find out cost-effective ways to cut down manufacturing costs so that the output turns out to be affordable. Automakers are researching to finding ways to manufacture fuel-efficient cars with an aim to bring fuel efficiency within reach of the common mass so that the market reputation and a growing consumer ratio is maintained. |
Comments
Post a Comment