The year 2020 is nothing short of a nightmare for India’s entire startup ecosystem, which was on an upward spiral making the nation proud. However, COVID-19 induced lockdown brought everything to a screeching halt, barring fintech, telemedicine, and a few others, enabling digital offerings. In fact, four Indian startups gained unicorn status during the slump. With restrictions getting curbed, the sector is crawling back on track and is witnessing growth.
A Parliamentary panel in its report -‘Financing the Startup Ecosystem’ - notes that Indian startups must tread the path of self-reliant India and must cease their dependence on foreign investment for growth. It has recommended the abolishing of tax on long-term capital gains for collective investment in startups through angel funds, alternate investment funds, and limited liability partnerships. Amongst a raft of recommendations made by the panel, some important suggestions include expanding funding sources, incentives for long-term capital gains, and guidelines for rationalizing prices. The idea is to encourage domestic capital to revive the economy. The committee has made recommendations on expanding the role of Small Industries Development Bank of India’s (SIDBI) Fund-of-Funds to help disburse more funds to this new economy.
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In Cold Storage?
Logistics stocks zoomed due to news about COVID-19 vaccines. But adverse political and financial factors may reverse the trend
Don't Back These Buys
Buybacks help you to save taxes and earn premiums over market prices. But if you participate in them, they can eliminate the possibilities of higher profits later
One Size Doesn't Fit All
The new standard term insurance plan is easy to understand, and perfect for first-time buyers and low-income individuals. But the sum assured is low, and it is a pure-risk plan
FM has to decide whether to feel optimistic or pessimistic about the future. Either way, she has to focus on reforms and growth
Multi-skilling is the new trend in globalised PhyGital learning
2021: Year Of Small-Caps?
Smaller stocks may outperform the others this year. The rise can be 30 percent more than in headline indices
The Cryptic Crypto-World
Digital currency is the new asset category. But risks are high due to volatility, lack of
Common Man's Wishlist
FM needs to hike deductions under 80D, and lower capital gains tax
SENSEX-30 OR BSE-500
The rally, which was hitherto restricted to large-caps, has begun to spread to mid-caps and small-caps. But volatility will continue and this will not be a completely secular boom
Money Spinning Mid Caps?
With stringent regulatory compliances, large companies are likely to grow and smaller ones may get wiped out, but mid-sized ones to offer much hope, says Dhiraj Relli, Managing Directors, HDFC Securities, during an interview with Yagnesh Kansara and Debjoy Sengupta. Edited excerpts.
Region To Region
Region To Region
YOGA & PEACE
DEEPAK CHOPRA speaks with DAAJI about the role Yoga has to play in bringing about world peace. This is an excerpt from their conversation broadcast on International Day of Peace, September 21, 2020. That documentary is available at https://heartfulness.org/en/international-day-of-peace/.
Create the habit of meditation
CHIRAG KULKARNI, Co-Founder and CMO of Medly Pharmacies in the USA, speaks with RISHIKA SHARMA about creating a regular meditation practice, so as to make it a habit. He also shares how meditation has benefited both his personal and professional life.
SHIA'S PRIVATE TEMPLE OF DOOM!
Indiana Jones gig derailed by abuse scandal
"Food Raconteur” Ashok Nageshwaran wants to tell you a story.
THE MAKING OF A MODEL MINORITY
Indian Americans rarely stop to ask why our entrance into American society has been so rapid—or to consider what we have in common with other nonwhite Americans.
In 2017, DR. VANDANA SHIVA spoke with KIM HUGHES about the sacredness of the Earth, the work she has been doing to bring awareness and change in the field of sustainable agriculture, and the importance of understanding our interconnectedness with Nature, and how we can change the way we eat.
DIAMONDS - A Luxury Gem Steeped in Fact & Fable
The diamond is one fabled gemstone! For example, google “Hope Diamond” to see all the legends associated with just this one stone said to bring misfortune to its owners.
Brown Sugaa and Medusa
Brown Sugaa and Medusa