informative-blogs-elitewealth
December 4, 2024

Private equity (PE) funding has emerged as an important pillar of global economic growth, providing businesses with the capital they need to scale, innovate, and compete. This form of investment—characterized by equity capital raised directly from private investors rather than public markets—continues to evolve, reflecting shifts in economic…

December 3, 2024

A group of ministers (GoM) has recommended significant changes to the Goods and Services Tax (GST) structure for 150 goods and services, including textiles. Particularly, the tax rate on tobacco and related products and aerated drinks is expected to increase from the current 28% to 35%. For textiles,…

Do You Have a Shark in Your Investment Tank_elite wealth
November 26, 2024

You might be wondering what a shark has to do with your investments and returns. Well, just like the depth of the ocean, which caters to so many large and small components of aquatic life, your investment portfolio is a mix of big and small investments depending on…

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November 11, 2024

Donald Trump has won the U.S. presidential election and will take over white house as the 47th President of the United States of America on January 20, 2025. Here, we explore potential outcomes for the future during his presidency. Donald Trump is known for his unpredictable tendencies and…

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August 9, 2024

RBI monetary policy

RBI governor Shaktikanta Das has announced the monetary policy statement keeping the repo rate unchanged at 6.5%. Repo rate is the rate at which commercial banks can borrow funds from RBI by depositing their securities to the bank. It is 9th consecutive time the bank has decided to…

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February 19, 2024

Verlinvest Asia Exits Sula Vineyards: Cheers or Tears for Indian Winemaker? Verlinvest Asia, a key investor in Indian winemaker Sula Vineyards, is moving ahead to a full exit. The Belgian firm is offloading its remaining 8.34% stake, marking a complete departure from the company it helped build over…

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February 8, 2024

India's Monetary Policy Committee decided to keep the benchmark repo rate unchanged for the sixth straight meet even as food inflation concerns persist while economic activity stays resilient. The MPC decided: To keep the repo rate unchanged at 6.5% by a 5:1 majority. The standing deposit facility rate,…

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October 6, 2023

RBI Policy Review

Macroeconomic stability and inclusive growth are essential for a country's progress. India's policy mix has fostered macroeconomic and financial stability, and the external sector remains manageable. India is poised to become the new growth engine of the world, but it is important to remain vigilant and not give…

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August 28, 2023

Reliance AGM 2023

Mukesh Ambani, the visionary leader at the helm of Reliance Industries, delivered a compelling Annual General Meeting (AGM) speech that underscored the company's remarkable achievements and its bold ambitions for the future. Ambani proudly announced that Reliance Industries has made an astounding cumulative investment of $150 billion over…

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August 10, 2023

RBI Policy Review

  India is celebrating its 77th anniversary of independence, and the country's economy is sound and stable. India has maintained a fair rate of growth and risen to the fifth-largest economy in the world despite global economic crises. Banks are sound, corporate balance sheets are solid, the external…