Feb 16, 2021 - Covid's puzzling decline in India sparks a shopping spree

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From the Editor's Desk

The Stoic Path to Wealth: An ancient investing strategy for the modern world

There are so many financial opportunities in the world. And it seems like millions of people are getting rich without much effort by simply buying Bitcoin, Gamestop stocks, or you name it. Every week, there's another story about how some asset shot up triple digits in a short amount of time.

Those are outliers, and the truth is that most of us will never ride one of those waves that turn a few grand into a million dollars in less than a year. But that doesn't mean you can't get rich over a longer period.

In the long run, public markets are still the best wealth builder on the planet. In fact, you can't afford to not invest.

While most assets have appreciated in value over the last century, our purchasing power hasn't changed. Sure, wages have increased. But so has inflation. End result? If you don't invest, it's more likely that you lose money over the long-term.

Continued here


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Ireland to Malta, UAE to Belgium -- all want Indian nurses, offer better pay and perks
Ireland to Malta, UAE to Belgium -- all want Indian nurses, offer better pay and perks
Kerala govt’s overseas employment body alone has sent 253 nurses abroad from 1-23 Feb, over 6 times its usual monthly number. Dubai is offering Rs 2 lakh/month salary.




C-Suiters: Who moved up the corporate ladder this week
C-Suiters: Who moved up the corporate ladder this week
A weekly list of C-Suiters who have moved up the corporate ladder either within or outside their companies


Walmart's Flipkart considers US listing with SPAC as option
Walmart's Flipkart considers US listing with SPAC as option
The Bengaluru-based online retailer has been weighing a US initial public offering and it’s now also looking at other options, the people said. Flip..


India’s record-high petrol and diesel prices threaten road to recovery
India’s record-high petrol and diesel prices threaten road to recovery
Gasoline prices were at an all-time high of ₹97.6 a litre in Mumbai on Tuesday, while diesel sold for a record ₹88.6, data from state-run Indian Oil Corp. show.India is the world’s third-biggest buyer of oil and higher prices inflate the import bill, and can cause the rupee to weaken


Scramble for warehouses amid boom in online retail
Scramble for warehouses amid boom in online retail
Demand from e-commerce companies has set off a scramble for warehousing space—so much so that malls, marriage halls, auditoriums and high-street stalls that had shut down amid the pandemic are now being used for storage.


Traders' body urges Amazon to 'back off' from RIL-Future deal
Traders' body urges Amazon to 'back off' from RIL-Future deal
Around 6,000 Indian small vendors and suppliers have dues of Rs 6,000 crore from the Future Group, traders body AICPD said in an open letter


Karachi Bakery’s Mumbai branch shuts down, MNS claims credit but store manager cites business losses
Karachi Bakery’s Mumbai branch shuts down, MNS claims credit but store manager cites business losses
Last year, workers from the MNS and Shiv Sena criticised the bakery for what they claimed was a ‘Pakistani name’.


Wipro Consumer to launch online-only brands from overseas portfolio in India
Wipro Consumer to launch online-only brands from overseas portfolio in India
For the company, the India market registered a 13.5% growth year-to-date till the December quarter. Demand was led by brands such as Santoor and Max Kleen floor cleaners, among others.


Periyar to the Bosphorus: Good Earth’s journey of motifs
Periyar to the Bosphorus: Good Earth’s journey of motifs
As the sustainable luxury brand makes it to its 25th year, designers and customers look back on favourite collections, motifs and more


Consumer recovery in India getting underway: Fitch
Consumer recovery in India getting underway: Fitch
"We forecast household spending in India to return to growth in 2021 after the Covid-19 pandemic led to a contraction in consumer spending in 2020," s..


Retailers Association of India partners with IGNOU for offering employment-oriented academic program
Retailers Association of India partners with IGNOU for offering employment-oriented academic program
The programme has been jointly designed and developed by IGNOU in collaboration with RAI and the two parties have renewed their memorandum of understanding.


Habanero Foods to strengthen modern retail ties in India
Habanero Foods to strengthen modern retail ties in India
The company is also rapidly expanding its presence in tier-1 and tier-2 of India, and is aligning with investors to raise 15 crore shortly for expansion.


Dabur moves to premiumize Vatika portfolio
Dabur moves to premiumize Vatika portfolio
India's top fast moving consumer goods companies that typically work on feeding more mass-market demand in India are clearly keen to move up the value chain


Our foreign trade policy should focus on online exports
Our foreign trade policy should focus on online exports
To generate jobs by the million, we should focus our export thrust on overseas sales by small enterprises via the internet. We could leverage the cost benefits of retail disintermediation.


Ideas For Profit | Aditya Birla Fashion and Retail: With reduction in debt, this fashion giant is poised...
Ideas For Profit | Aditya Birla Fashion and Retail: With reduction in debt, this fashion giant is poised...
The company was able to turn profitable in Q3 and has unveiled a healthy growth strategy for the next five years which should lead to re-rating of the stock. Find out more here


Retail Tech Start-up Shoopy Raises Seed Funding From Campanile Investments LLC And Redcliffe Capital
Retail Tech Start-up Shoopy Raises Seed Funding From Campanile Investments LLC And Redcliffe Capital
The start-up will utilize the capital raised to accelerate growth and scale up its business and product portfolio, , retail-tech startup, Shoopy, Seed Round


[Funding alert] DealShare raises Rs 25 Cr debt funding from Innoven Capital
[Funding alert] DealShare raises Rs 25 Cr debt funding from Innoven Capital
The hyperlocal ecommerce startup will be utilising the funds and Innoven Capital’s expertise to exponentially scale its geographic footprint. It is also planning to scale its presence to 100 cities by the end of 2021.


Agencies in APAC raced to ready themselves for ecommerce's explosive growth in 2020 | Advertising
Agencies in APAC raced to ready themselves for ecommerce's explosive growth in 2020 | Advertising
As clients chased after homebound consumers, agencies rushed to retool their capabilities and reskill their employees to capitalise.


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