US Freedom Capital
From: David Gunderson, Chief Investment Officer
India’s banks have long been suffering from a massive pile up of non-performing assets on their balance sheets. This puts a strong drag on credit growth, which is exacerbated due to the recent sluggishness in the economy because of demonetization, aggregate liquidity, and demand shock. After a three-year record low of 5.7%, the Union Government decided to issue a massive credit infusion into the economy – a move that would help put India’s banks on the path to recovery.
In India, full capital account convertibility of the rupee is still a distant dream. Putting aside positive and negative macro-economic arguments, it has been difficult for domestic investors to take advantage of global lowering of interest rates, especially with Indian stock markets and industries showing early signs of overinvestment. Moreover, with the recent slowdown of economic productivity within the country, there are certain investment avenues that domestic investors could take advantage of in other developed countries, where growth is recovering, and interest rates are relatively lower. Debt funds are priced better in a low inflation expecting economy and would be highly priced compared to a high inflation economy, especially bonds with fixed interest rates.
On April 28, 2017, President Donald Trump signed a continuing resolution earlier passed by the US House and Senate, to continue funding the US government until May 5, 2017. The one week extension was made as legislators continue to battle over major policy decisions via government funding of those programs.
People around the world who were dreaming of a life in the United States were as anxious and worried as the Americans when the US Presidential result tilted in favor of Donald Trump. His entire campaign was tailored towards restricting immigration and creating “real jobs for Americans”. The travel ban proved that it was not political rhetoric and Trump administration was bent on upending the current immigration system. But what created mayhem was the introduction of legislation in the US House of Representatives which called for among other things more than doubling of minimum salary for H-1B holders to $130,000.
Texas export volumes surpass other states by a substantial and growing margin, and the Dallas-Fort Worth metro ranks second in the state behind Houston in merchandise exports, according to a report this week by The Perryman Group.
Applications from India, however, are insignificant compared with Chinese applicants, who managed to secure over 8,150 visa approvals in FY15. "Indians may go the China-way very soon... we're slowly becoming aware of this programme. Moreover, Indians are favoured over many other nationalities in the US," says Ankit Bhandari of US Freedom Capital.
Apartment supply is barely keeping up with demand in Dallas, which Zillow just named one of the 10 hottest rental markets in the nation. A slew of new buildings going up, rising rents, and competition for those units all fuel the frenzied market, making Dallas the No. 9 most competitive of them all.
It is not easy being a citizen of India who wants to live and work in the U.S. and become a legal permanent ...
(CNN Money) — Facing a crackdown on their favorite visa to enter the United States, hundreds of wealthy ...