Strategizing Financial Planning in Present Economic Scenario
Organization: I.T.S- Institute of Management, Greater Noida
|Event Date/Time: Nov 24, 2012 / 9:30 am - (GMT +5:30 hours)||End Date/Time: Nov 24, 2012 / 5:30 pm - (GMT +5:30 hours)|
|Abstract Submission Date: Oct 15, 2012|
|Paper Submission Date: Oct 31, 2012|
India is considered as one of the economic giants of Asia. The current economic growth trajectory has led many intellectuals and economists to painstakingly carry out researches aimed at uncovering the force behind such incredible economic expansion. Appreciable growth has been observed in energy, manufacturing and service sectors in the present time. There is almost no political risk. But there are many challenges too. Inflation of India is almost close to double digit number. Reserve Bank of India is taking various preventive monetary measures in spite of knowing that it may weaken the country’s economy. Current account deficit is nearly 5 percent of present GDP. Rise in fiscal deficit, low in infrastructure growth rate, large budget deficit and lack of governance and transparency in higher level of government are de-motivating investors at this juncture. Analysts are saying that debt problems in European countries will affect Indian economy. At the same time Standard & Poor has indicated that India may get the lowest sovereign credit rating. This uncertainty leads instability of both systematic and unsystematic risk of any organization operating at Indian market. In this backdrop, the present Seminar is aimed at soliciting the intelligent ideas about innovative instruments and investment strategies to save the wealth of individuals, institutions and corporates at Indian market.