Impact on your investments with Demonetization and Donald Trump's victory

The victory of US presidential candidate Donald Trump led to a panic among a section of investors. The early anxiety, however, gave way to a healthy market rally. The same day, the Indian Prime Minister announced demonetization of old Rs. 500 and Rs. 1,000 notes. This event too has led to increased market volatility. The effect of the two event is spread across asset classes. Let’s see what it means:

Government of India permits 100% FDI in online marketplaces

Near the end of last FY, Department Of Industrial Policy & Promotion (DIPP) has allowed 100% Foreign Direct Investment (FDI) in online marketplaces, it will be applicable on those which do not carry any inventory. This step will have the direct influence on the money raised from foreign entities, by giants like Flipkart, Snapdeal and Amazon India.