In a statement, NAREDCO-Maharashtra said that Sandeep Runwal has now become the Vice Chairman of the association.
India is among the five largest economies on the basis of purchasing power parity. Its economy is much more integrated with the world economy than in the past and it is no longer possible to remain insulated from developments in the global market.
One should look for investments that will earn enough to outpace the cost of living. Asset classes generally include stocks, debt (Govt. Securities, Bonds), commodities like gold or silver and property
Policy thrust will be the key to growth and the return of investments. The government should focus on reviving the productivity dynamics and bring back the private investment gradually to ensure the sustainable growth.
Prashant Sharma, Senior Vice President - Investments and Chief Investment Officer at Max New York Life talks to CNBC-TV18 about his reading of the market in the current environment. He also advices investors where they should park their money right now.