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Kerala’s Tourism Needs You 

 To fuel tourism expansion, Kerala is actively seeking substantial investments to enhance its tourism infrastructure, promote unique experiences, and ensure sustainable development, setting the stage for a new era of exploration and discovery…reports Asian Lite News 

 

Kerala Sets ₹1,000 Cr Ayurveda Goal 

Kerala has set a target of attracting investments worth Rs 1,000 crore in the Ayurveda sector before the Invest Kerala Global Summit, which will be held in the port city in February.   

Industries Minister P. Rajeev made the announcement at the sectoral meeting on ‘Ayurveda and Pharmaceuticals’, which was organised by the Kerala State Industrial Development Corporation (KSIDC) here as a build-up to next year’s summit. 

He interacted with Ayurveda entrepreneurs and requested the support of the stakeholders and their associations to achieve the target. As the entrepreneurs called for establishing institutes to teach non-degree courses in this field, the minister assured that such courses would not fail to get approved. 

Getting approval for courses for pharmacists and therapists would not be difficult, he said. 

“There are huge investment opportunities in the Ayurveda sector in Kerala. The industries department will extend all support to the entrepreneurs to overcome practical difficulties,” Rajeev said. 

“With the advent of modern technology, the least job loss is in the ayurvedic sector. Hence, this sector can generate employment opportunities. Ayurveda is an area where local communities can find employment,” the minister added. 

Experts taking part in the meeting hailed the tremendous support the state government gave to protect the credibility of Ayurveda, who wished that innovation and modern technology should be integrated into Ayurveda without compromising on traditional and heritage elements. 

Over the years, the mainstay of Kerala tourism has been the hugely popular Ayurveda packages being offered across the state especially where the tourists flock in large numbers. Incidentally at the hugely popular signature event of Kerala Tourism, held every other year, the Kerala Tourism Mart which took place here last month, ayurveda was the most discussed tourism product of the state. Tour operators from Russia and Europe, after seeing the Ayurveda product spread that is on offer in Kerala, have promised to promote such packages in their countries. 

Rahul Puts Wayanad on Top 

Leader of the Opposition (LoP) in the Lok Sabha Rahul Gandhi on Tuesday posted a video showing tourist places of Kerala a day after he said that he (Rahul) would help Priyanka Gandhi to make Wayanad a tourist destination.  

He visited Kerala’s longest zipline located in the district at the Karapuzha dam site and was seen freely interacting with the workers of the dam site. He was accompanied by his sister Priyanka Gandhi whose fate will be decided on Wednesday when the Wayanad goes to polling. 

In the video that has now gone viral, he says: “On Priyanka’s campaign trail in Wayanad yesterday, I had the chance to connect with some truly inspiring locals. Despite the recent challenges, they’re not giving up. They’ve built incredible attractions – the largest giant swing in South India, a drop tower, and a thrilling zipline all to show visitors that Wayanad is as stunning and safe as ever. I even tried the zipline myself, and I loved every second of it.’ 

However, he added that the reality is tough as the recent landslide has left tourism hanging by a thread, and livelihoods are suffering from shopkeepers to homestay owners and the adventure park team, ‘everyone is working hard just to keep things going’.  

Congress wrote on X that LoP Rahul Gandhi and Congress General Secretary Priyanka Gandhi had a candid interaction with some locals in Wayanad whose stories of resilience greatly inspired them. 

“From the largest giant swing in South India to a thrilling zipline, the people of Wayanad have built incredible tourism and adventure spots. Despite their hardships, they continue to work hard to revitalise the local economy,” Congress wrote on X.  

The party added that Wayanad embodies the best of India, and both Rahul Gandhi and Priyanka Gandhi have taken on a mission to make it a top destination in Kerala. 

Local Congress legislator I.C. Balakrishnan told IANS that the visit by Rahul and Priyanka has evoked a tremendous response in and around the now popular tourist destination. 

“He will make all efforts to promote Wayanad which has suffered the worst-ever landslide that washed away four villages. His visit will certainly do a world of good for tourists especially after the video has gone viral,” said Balakrishnan. 

He added that it was worth watching how he interacted with the workers and wanted to find out every aspect of the adventure park at the Karapuzha dam site.  

“There was a lull after the landslide and his video will be hugely beneficial for the tourism industry,” added Balakrishnan. 

Seaplane Era Takes Off  

With the first seaplane landing in the Kochi backwaters on Sunday, seaplane tourism is set to take off in Kerala.  

The seaplane, which took off from Vijayawada, touched down at the Bolgatty backwaters in Kochi at 2:30 p.m. on Sunday. 

Tourism Minister P.A. Muhammad Riyas will officially flag off the trial seaplane service from Bolgatty to the Mattupetty reservoir near Munnar at 9:30 a.m. on Monday. 

This marks a major milestone in Kerala’s ambitious plan to link its scenic waterways through aerial routes. Cochin International Airport Limited (CIAL) has played a crucial role by providing technical expertise and infrastructure for the seaplane project. 

With its extensive network of rivers, lakes, and lagoons, Kerala is well-suited for seaplane tourism, offering travellers a unique experience of the waterways combined with the thrill of flight. 

The new seaplane services are expected to open up fresh tourism avenues, enabling visitors to enjoy stunning aerial views. Kerala, famed for its backwaters and extensive coastline, stands to gain significantly from this tourism innovation. 

This initiative is anticipated to boost tourism and contribute to Kerala’s economic growth by creating jobs and improving connectivity to some of the state’s most remote and scenic areas. 

Tourism department officials highlighted that seaplanes offer the advantage of large windows, providing passengers with breathtaking views over Kerala’s landscapes, particularly the Western Ghats and Munnar. 

The amphibious aircraft, capable of taking off and landing on both land and water, can carry up to nine passengers. While the tourism sector is enthusiastic about the seaplane project, Kerala faces challenges in making the initiative sustainable in the long term. 

The seaplane project has been introduced under the Civil Aviation Ministry’s Regional Connectivity Scheme (RCS) UDAN. 

Kerala Tourism had proposed launching seaplane services from various locations, including Kovalam, Ashtamudi Lake, Kumarakom, Idukki Dam, Mattupetty Dam, Punnamada, Malampuzha Dam, Banasura Sagar Dam, and Chandragiri River in Kasaragod. 

The government identified these water bodies for seaplane operations after the Civil Aviation Ministry simplified regulations set by the Directorate General of Civil Aviation (DGCA). 

These changes allow non-scheduled operators to enter the market by eliminating the need for waterdrome licences and easing compliance requirements. 

Notably, in 2013, the Kerala government invested Rs 14 crore to set up waterdromes on Ashtamudi and Punnamada lakes. However, the project was halted due to protests from the fishing community, primarily led by pro-Left unions. 

According to sources within the Kerala government, the state had considered a proposal from a private operator to link four airports and several major water bodies, including those in Kochi. 

The operator quoted Rs 54 crore for a two-year contract to provide a four-hour daily service connecting these locations, but the state has not yet made a decision on this proposal. 

ALSO READ: WFH: Boom or Bust for India?

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WFH: Boom or Bust for India? 

The study also found that working from home has led to less effective communication and that remote working is detrimental to teamwork…reports Asian Lite News 

The ability to hire employees from spatially-dispersed locations may help to promote more balanced geographical development, in addition to alleviating pressures of various kinds on major metropolitan areas in India, according to a study by apex business chamber CII and the Faculty of Management Studies (FMS), Delhi, on Monday.  

The study, titled ‘Work-from-Home: Benefits and Costs: an Exploratory Study in the Indian Context’, stated that Covid has given rise to many alternative systems, and work from home is a prominent outcome altering the employment ecosystem. 

Since then, many organisations have adopted remote and hybrid work practices. 

The study found that the new model has led to moderate savings in office rental costs and enabled a moderate reduction in costs involved in meeting and working with clients. 

“The savings in employee commuting and accommodation costs have allowed for adjustments in employee compensation structures to a limited extent,” the findings showed. 

There is significant reduction in commuting stress for employees leading to greater energy levels. 

However, the study also found that working from home has led to less effective communication and that remote working is detrimental to teamwork. 

It suggests that remote working could hinder the development and sustenance of organisational culture. As far as the costs and benefits for employees are concerned, respondents were of the view that remote working is particularly beneficial for parents with young children and for caregivers. 

A moderate increase in employee productivity has also been observed. However, some respondents have reported difficulty in separating work and personal life, leading to increased stress, the study pointed out. 

Many employees also lack dedicated, undisturbed workspaces at home. Besides, flexibility in scheduling can be considerably problematic for those unable to maintain self-discipline. 

The study further observed that traditional supervision methods such as attendance monitoring have become less effective. Remote working has led to a shift towards performance-based monitoring in a major way. Furthermore, with remote working, increased reliance on trust has become necessary to ensure employee performance. 

On the macro environment front, the study suggested that remote working has led to significant reduction in the company’s carbon footprint and could held organizations meet ESG (environment, social and governance) goals. 

“While work-from-home confers tangible benefits for both employers and employees in the short term, it may, however, lead to some losses in the long run. These losses may be intangible in nature, relating to the formation and sustenance of social, emotional, and human capital,” the study noted. 

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Electronics Sector Sparks Job Surge 

The electronics manufacturing industry is surging, inspired by Prime Minister Narendra Modi’s vision of making the country a $500 billion electronics manufacturing hub by 2030. ..reports Asian Lite News 

As India’s electronics industry witnesses unprecedented growth, it is set to create 12 million (1.2 crore) jobs at a compound annual growth rate (CAGR) of 25-30 per cent, according to a report on Monday.   

The projections indicate the creation of 12 million jobs, encompassing 3 million direct and 9 million indirect roles, according to a report by TeamLease Degree Apprenticeship.  

However, a pressing deficit of 10 million trained professionals underscores the urgent need to bridge this gap to sustain and amplify India’s growth in the electronics sector, it added.  

The electronics manufacturing industry is surging, inspired by Prime Minister Narendra Modi’s vision of making the country a $500 billion electronics manufacturing hub by 2030.  

As the industry diversifies into areas such as communication and broadcast electronics, consumer electronics, industrial electronics and aerospace and defence electronics, the demand for specialised skills has surged.  

The growing requirements for components like semiconductors and electromechanical parts further intensify this challenge.  

India is on the cusp of becoming a global leader in electronics manufacturing, with domestic production reaching $101 billion in FY23, driven by segments such as mobile phones (43 per cent), consumer electronics (12 per cent), industrial electronics (12 per cent), and auto electronics (8 per cent).  

“By FY 2027-28, the industry will require 12 million professionals — 3 million in direct roles and 9 million in indirect roles, yet a staggering skills gap of 10 million persists. Bridging this gap demands a robust focus on skill development, blending classroom learning with hands-on training through apprenticeships,” said A.R. Ramesh, CEO of TeamLease Degree Apprenticeship.  

Scaling the apprenticeship ecosystem, currently growing at a 55 per cent CAGR and projected to reach 1 million apprentices by 2027 to 2 million apprentices, can create a steady talent pipeline to meet industry needs, he added.  

Additionally, strengthening industry-academia collaboration is crucial to doubling the two million graduates entering the workforce annually by FY 2027-28 to four million.  

Policies such as the PLI scheme, which has attracted Rs 1.97 lakh crore in investments across 14 key sectors, including electronics, and Employment Linked Incentives (ELI) designed to spur job creation, have set a strong foundation.  

“Rising demand across high-growth areas such as semiconductors, drones, electric vehicles, solar panels, IT and telecom hardware, consumer electronics, and industrial electronics, fueled by India’s emergence as a global R&D hub and the world’s third-largest startup ecosystem, highlights the urgent need for a highly skilled workforce,” said Sumit Kumar, Chief Strategy Officer at TeamLease Degree Apprenticeship.  

ALSO READ: India Can’t Be Ignored 

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India Can’t Be Ignored 

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The inclusion in June 2024 of Indian government bonds into the J.P. Morgan Global Bond Index-Emerging Markets indices for the first time also sets the stage for billions of dollars more to flow into India, according to the panel experts….reports Asian Lite News

India has become a market that you can’t ignore, pushed on by government reforms and a booming tech industry, top industry experts have said.  

Speaking at a recent seminar hosted by The Asset in association with Deutsche Bank on the Asia investment opportunity and the post-trade response, they said that five years ago, India’s weighting on the Emerging Market index was 9 per cent.  

“It is now over 20 per cent. It is a growth story with a lot of structural positives – and a lot of positive stories around penetration in various product categories,” said a participant.  

As per the MSCI EM Index, the top 5 countries account for nearly 80 per cent of the weightage in the MSCI Emerging Market Index. India has gone from strength to strength in recent years. The inclusion in June 2024 of Indian government bonds into the J.P. Morgan Global Bond Index-Emerging Markets indices for the first time also sets the stage for billions of dollars more to flow into India, according to the panel experts.  

Moreover, global brokerage CLSA has just shifted its “tactical allocation” to India from China, citing growing concerns over Beijing’s economy and investor sentiment after the US presidential election. “US yields and inflation expectations sap scope for the Fed and, thus, The People’s Bank of China (PBOC) to ease. We are anxious that these concerns lead to a buyers’ strike by offshore investors who built China exposure post the initial PBOC stimulus in September. We therefore reverse our tactical allocation in early October, returning to a benchmark on China and a 20 per cent overweight on India,” CLSA said in its note.  

“We now reverse that trade. Both MSCI China and India have corrected by 10 per cent in US dollar terms over the duration so we did not lose on making the switch,” it added.  

India’s inclusion in the prestigious FTSE Russell’s Emerging Market government bond index in September next year has also been lauded by the industry.  

FTSE Russell announced that it will add India’s sovereign bonds to its Emerging Markets Government Bond Index (EMGBI) in September 2025. India’s debt will be included in FTSE’s 4.7 trillion dollar Emerging Markets bond index, with the inclusion happening over a six-month period. It will carry a final weightage of 9.35 per cent, which is second only to China in the index. The country has also become the sixth-largest market in the MSCI All Country World Investable Market Index (ACWI IMI), surpassing China. The global index tracks capital market performance across the world.  

ALSO READ: India Tops Insurance Growth Charts  

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India’s Economy Hits Sweet Spot: Moody’s

The global ratings agency has forecast 7.2 per cent growth for calendar year 2024, followed by 6.6 per cent in 2025, and 6.5 per cent in 2026…reports Asian Lite News

India’s economy is in a “sweet spot” with strong growth and inflation expected to ease in the coming months, according to Moody’s Global Macro Outlook report released on Friday.

The global ratings agency has forecast 7.2 per cent growth for calendar year 2024, followed by 6.6 per cent in 2025, and 6.5 per cent in 2026.

It also expects the Indian economy to maintain its steady momentum in the July-September quarter after clocking a 6.7 per cent growth rate in the April-June quarter.

“High-frequency indicators – including expanding manufacturing and services PMIs, robust credit growth and consumer optimism – signal steady economic momentum in Q3,” Moody’s Ratings said.

“Household consumption is poised to grow, fuelled by increased spending during the ongoing festive season and a sustained pickup in rural demand on the back of an improved agricultural outlook,” the report states.

“India’s (Baa3 stable) economy is growing robustly and has the potential to sustain high growth rates as strong private sector financial health reinforces a virtuous economic cycle,” it said.

Private investment is likely to be supported by increasing capacity utilization, strong business sentiment, and the government’s infrastructure investments, the report added.

Moody’s also highlighted that India’s solid economic fundamentals, like healthy corporate and bank balance sheets, a resilient external position, and robust foreign exchange reserves, bolster the outlook. The report also predicts a decline in the inflation rates in the months ahead.

“Despite the near-term uptick, inflation should moderate toward the RBI’s target in the coming months as food prices ease amid higher sowing and adequate foodgrain buffer stocks,” the report said.

India’s inflation surged to a 14-month high of 6.2 per cent in October, crossing the upper limit of the RBI’s 2-6 per cent band, driven by higher food prices and the late withdrawal of the monsoon caused extensive damage to vegetable crops such as potatoes and onions. This has killed hopes of a rate cut by the RBI to accelerate economic growth as the central bank has made it clear that it will reduce the policy rate only if inflation comes down to 4 per cent on a durable basis.

“Although the central bank shifted its monetary policy stance to neutral while keeping the repo rate steady at 6.5 per cent in October, it will likely retain relatively tight monetary policy settings into next year given the fairly healthy growth dynamics and inflation risks,” the Moody’s report states.

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India Tops Insurance Growth Charts  

A growing middle class, greater awareness, rising healthcare costs, and supportive regulations have combined to offer high growth for India’s insurance industry over the last few years…reports Asian Lite News 

India’s insurance sector clocked a robust 11 per cent compound annual growth rate to cross the $130 billion mark during FY2020-23, surpassing Asian peers China and Thailand, which grew at less than 5 per cent, according to a McKinsey report.  

The report. titled ‘Steering Indian Insurance from Growth to Value in the Upcoming Techade’, said that while the country’s life insurance industry grew to $107 billion as of 2023, the general insurance industry touched $35.2 billion. 

A growing middle class, greater awareness, rising healthcare costs, and supportive regulations have combined to offer high growth for India’s insurance industry over the last few years, the report added. 

However, there is immense growth potential as a significant portion of the Indian population and insurable assets remain uninsured, increasing the risks of high out-of-pocket expenses, adding to the overall economic strain, and undermining the industry’s ability to bring full benefit to society. 

Affordable private health insurance coverage could also reduce the strain on government healthcare, potentially freeing government funds to improve healthcare infrastructure, the report pointed out. 

The McKinsey report also highlights that insurers’ ability to drive value has been impeded by challenges, including the inability to generate sufficient returns and manage operational efficiencies. Despite the regulator’s target of ‘Insurance for All by 2047,’ the industry’s penetration rate has slipped from 4.2 per cent in 2022 to 4 per cent in 2023, indicating that its progress has not been on par with India’s economic growth, the report added. 

According to the McKinsey report, despite a decline in claims ratios, a steady increase in expense ratios among traditional players (until 2023) pushed the combined ratio upwards. “Improvement in leading productivity metrics, such as operating expenses per life or policy, has been negligible over the past two to three years for both life and general insurance companies,” it points out. 

Peeyush Dalmia, Senior Partner, McKinsey & Company, said, “While current growth indicators are promising, the insurance industry has not seen improvement in productivity. Achieving long-term success requires a fundamental transformation in how insurance products are designed, distributed, and serviced.” 

The industry stands at an inflection point, and Insurance companies that successfully implement these changes while ensuring focus on profitability will be well-positioned to capture the significant growth opportunities ahead, he added.

ALSO READ:   Uber Eyes Bigger Growth in India 

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Uber Eyes Bigger Growth in India 

Uber India and South Asia President Prabhjeet Singh stated that India offers an “incredible opportunity to leapfrog private vehicle ownership and embrace shared mobility”….reports Asian Lite News 

India is the third-largest market for ride-hailing company Uber by volume and it continues to grow rapidly, Uber India and South Asia President Prabhjeet Singh said on Thursday, adding that the company will continue to invest in the domestic market.  

“We believe that the demographic dividend which India enjoys, the digitisation which is happening at scale and the infrastructure creation, all of them are strong tailwinds for categories which we operate in,” Singh told IANS on the sidelines of an event here. 

He further stated that India offers an “incredible opportunity to leapfrog private vehicle ownership and embrace shared mobility”. 

“All the signals in the market actually reflect that there is a great chance for India to digitise and scale ride-hailing in a very meticulous way. India is today one of our fastest growing markets and we feel excited about both the near term and long term in this important market,” Singh told IANS. 

The Uber India executive said they are incredibly proud of the scale and profitability of the business in the country. 

“We are incredibly excited about the growth in the macro ecosystem and the growth which we are experiencing on the platform, both on the number of riders and drivers joining the platform,” Singh noted. 

According to the latest company report, Uber Auto and Moto are expected to drive Rs 36,000 crore in economic activity in the country in 2024. While rides with Uber generated Rs 80,000 crore in consumer surplus for riders in Bengaluru, rides with Uber created Rs 130,000 crore in consumer surplus for riders in Delhi. Consumer surplus is one of the most important measures of economic welfare – the amount you would pay someone to voluntarily give up a good or service. 

Singh told IANS that Uber, available in 125 cities, continues to invest heavily in introducing new products for riders in the country. 

“We will continue to expand both our footprint and introduce new services to serve every segment of the population,” Singh added. 

At the event, Uber unveiled a suite of new features aimed at enhancing the daily experiences of its drivers in India. It has more than 1 million monthly active drivers in the country. The new features are ‘Helmet Selfie’, ‘Women Rider Preference’ and ‘Audio Recording’. Uber also announced the promotion of registrations on the government’s e-Shram portal — a unified database for gig workers and unorganised workers. To encourage participation and accelerate registrations, Uber is offering cash incentives to the first 10,000 drivers who register on the portal. 

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India’s Sports Future Looks Bright 

The sports goods and apparel market is leading the way, expected to double in value to $58 billion by 2030, driven by a rising fitness culture and increased discretionary spending…reports Asian Lite News 

India’s sports market is poised to reach $130 billion by 2030 at a compound annual growth rate (CAGR) of 14 per cent, a Google and Deloitte report said on Thursday.  

The report also projected the creation of up to 10.5 million jobs and $21 billion in indirect tax revenue by 2030. 

This growth — nearly double the pace of India’s GDP — signifies a fundamental shift in how Indians consume and engage with sports, driven by increasing government investments, a rising trend of multi-sport culture, wide digital adoption, and a range of quality sports content, the report noted. 

The sports goods and apparel market is leading the way, expected to double in value to $58 billion by 2030, driven by a rising fitness culture and increased discretionary spending. 

“This is a pivotal moment for sports in India and the report outlines a clear path to unlock the value of sports for the nation. We’re witnessing a surge in multi-sport fandom, a growing popularity of digital platforms, and deep engagement from Gen Z, who represent the largest segment of India’s sports fanbase,” said Roma Datta Chobey, Managing Director (Interim Country Lead), Google India. 

These trends create a fertile ground for innovation and engagement, presenting unique opportunities for organisations and businesses to connect with passionate fans across the nation. 

“We see immense potential in leveraging the digital ecosystem to enhance the fan experience and advance the growth of the sports sector, especially with AI-driven personalisation and insights, immersive technologies, and greater digital accessibility. We are excited about the opportunities to partner with the ecosystem to drive innovation and growth in the sector,” Chobey added. 

The rise of digital platforms has transformed sports consumption in India. Most fans now access sports content digitally. This trend is even more pronounced among Gen Z, who make up 43 per cent of the fan base, and are driving demand for interactive, personalized experiences, the report mentioned. 

Today, 93 per cent of Gen Z fans consume sports content digitally and more than any other generation, Gen Z fans engage with their favourite sports even during off-season. 

Romal Shetty, CEO, Deloitte South Asia, said that India’s potential to become a global leader in sports is both a tremendous opportunity and a powerful driver for nation-building. 

“With the advancements in technology from AI to cloud platforms, we have a unique opportunity to nurture talent from the grassroots level, reaching youth in every corner of the country,” Shetty added. 

ALSO READ: Jumpstart Your Trading Journey 

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Jumpstart Your Trading Journey 

Aspiring traders must first understand the core types of trading—day trading, swing trading, scalping, and position trading. With a solid grasp of these fundamentals, they can start building a strong trading strategy…reports Asian Lite News 

Trading in financial markets can be incredibly thrilling, especially for new traders. Investing in stocks, cryptocurrencies, and commodities offers high profit potential but carries significant risks. 

Beginner traders will need to spend some time understanding the basics before diving in, this will help to mitigate these risks and prolong trading careers. 

Traders looking to enter the market must first grasp the fundamental types of trading. Which include day trading, swing trading, scalping and position trading. Once they’ve gotten to know these principles, they can begin to develop a solid trading strategy. 

Strategic traders understand the difference between market orders and limit orders, have a trustworthy risk management process to rely on and leverage correctly, allowing them to navigate complexity and market volatility. 

Several books, online courses and trading guides exist to help beginner traders master the fundamentals and become better strategic thinkers. Learn to trade more confidently by taking advantage of these resources and access online demo accounts, to test your theories without the risk of real losses. 

Read on to learn more about trading, fundamentals and market principles. 

Trading Explained 

In its simplest form, trading involves the buying and selling of financial instruments in order to make a profit. Traders use sound judgement, market insight and core principles to try and predict market movements and invest at the right time. The ability to capitalize correctly on market fluctuations is the best indicator for trading novices looking to turn a profit. 

The Fundamentals Of Trading 

Trading can be categorized into four distinctive sub-categories, each with its own strategy, approach and risk level: 

1. Day Trading: Day trading is a common approach and involves making profits from smaller price fluctuations. Day traders would buy and sell assets, within the same day – thus the name. This type of trading is most suited to individuals comfortable with a higher pace and the ability to manage stress. 

2. Swing Trading: Swing traders would keep their holdings for longer periods than day traders. Typically, positions are held for several days or weeks at a time. It is a less intense form of trading than day trading, requiring market analysis and patience. 

3. Scalping: Scalping is similar to day trading, in that traders seek to capitalize on movements within a day. The real difference comes from the frequency of trades, with investors looking to profit from very small price changes more often. 

4. Position Trading: Position traders are longer term focused. Developing their positions over several weeks, months or sometimes years. 

The Core Principles 

Traders can follow one or more of the above fundamentals when putting together a successful strategy. But beginner traders would be better off working through the trading styles one by one and understanding the benefits of each. 

Use the following principes to help you decide on a trading style that suits you: 

Principle 1. Understanding the Difference between Market Orders and Limit Orders 

– Market Order: A market order is executed immediately and is best for trades that need to be completed as quickly as possible. 

– Limit Order: Limit orders on the other hand allow traders to wait until the price hits a predefined level, before buying or selling. 

Principle 2. Risk Management Skills 

Risk management is an integral part of proper trading etiquette. Beginner traders need to realize that losses are not just likely but inevitable. Managing that risk competently can be done by adhering to these risk management tools: 

– Stop-Loss Orders: Traders wanting to limit their losses would place a stop-loss order , which allows them to exit a position automatically at a certain price point. 

– Position Sizing: Novice traders might be tempted to over-invest in the hopes of higher returns. Position sizing gives traders the chance to set a particular amount of capital aside per trade. 

– Risk-to-Reward Ratio: Competent traders will aim for a ratio of at least 2:1, which means that they stand to make at least twice as much as they risk losing. This helps to keep trades in perspective, allowing traders to define safe limits and manage their risk better. 

Principle 3. Leverage 

Leverage lets traders make larger potential returns by using someone else’s money. While this may seem attractive, beginner traders need to realize that potential losses can grow as quickly as possible profits. 

Principle 4. Technical and Fundamental Analysis Explained 

– Technical Analysis: Technical traders will steer away from the underlying factors affecting an asset and focus on charts and graphs instead. Moving averages, trend lines and candlestick patterns help to define the right times to buy, hold and sell. 

– Fundamental Analysis: Traders that are more interested in company earnings, geopolitical events and economic data will find themselves using fundamental analysis tools instead. 

Principle 5. Volatility 

Markets are inherently volatile, allowing traders to capitalize on fluctuations. Experienced traders will know when movements are predictable and when market oversight is lost. Beginners will need to gather this knowledge over time, allowing them to trade and stay out of the market when needed. 

The Steps To Getting Started As A Trader 

Step 1: Educate Yourself 

Education is an important part of successful trading. Gut-feel and intuition are valuable tools, but real knowledge will bring confidence and certainty to your trades. Beginners have access to various resources, many of which are free of charge and available online: 

– Books: Warren Buffet’s mentor Benjamin Graham wrote “The Intelligent Investor”, and it remains a popular resource to traders. 

– Online Courses: Several websites make trading information and courses available. Exness, Coursera and Udemy are among the best. Look out for free courses as well as financial aid programs. 

– Demo Accounts: Demo accounts are practical tools for beginners, allowing them to invest and trade using virtual tokens. 

Step 2: Partner with a Reliable Broker 

The next step would be choosing a trustworthy broker to help place trades. Bear the following in mind when looking for one: 

– Regulation: Brokers need to be regulated, in order to prevent fraud and misappropriation. Reputable authorities include the UK’s Financial Conduct Authority (FCA) and the Securities and Exchange Commission (SEC) in the United States. Traders have access to their websites and can communicate with trading authorities in case of any uncertainty. 

– Fees and Commissions: Margins on certain traders can be slim, which makes proper cost management an important skill. Familiarize yourself with your broker’s fee structure and avoid brokers that make fees complicated or exorbitant. 

– Platform: Technology has made finding and working with a broker much simpler. Partner with a broker that offers a reliable and easily navigable platform. 

– Customer Support: Brokers should be available to their traders, helping them to resolve any uncertainties. 

Step 3: Devise a Trading Plan 

A trading plan is like a building plan in construction. It will help you get an overview and perspective and provide you with solidity in times of market difficulty. Well-developed trading plans include: 

– Your Trading Goals: Including your preference for short terms profits or long-term trading principles. 

– Risk Tolerance: It is important to never risk more than you are able to lose, define your risk tolerance carefully and openly. 

– Entry and Exit Strategies: To avoid rash decisions, traders should set up pre-defined trade conditions. They can be based on price levels, news events or technical indicators. 

– Discipline: Being in control of one’s emotions is a critical part of investing and trading. Be sure to stick to the plan that you have drawn up. 

Step 4: Begin Small 

The move from demo account to real money does not have to involve large amounts. It is better to use small parts of your capital to lessen the risk, test your strategy and learn from your mistakes. 

Step 5: Keep Track of Your Holdings and Adapt Accordingly 

Keep a trading journal to track your progress. Note wins, losses and possible improvements, and take the knowledge into your next trades. 

In Summary 

Trading is a blend of various talents. Patience, emotional control, the ability to absorb knowledge and do research, and the certainty of sticking to a gameplan are all defining traits. Allow yourself the time to learn, make mistakes, gather information and test theories. That is a part of your trading journey and will help you to develop the foundation on which all successful trades are built. 

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India Rises to Patent Powerhouse 

Patent.(photo:unsplash)

According to the report, the number of patents filed in India in 2023 was 64,480. The country’s growth rate in patent filing was 15.7 per cent compared to 2022…reports Asian Lite News 

India’s patents and industrial design filings for Intellectual Property rights doubled between 2018 and 2023, taking the country to the sixth rank, according to the latest World Intellectual Property Organisation’s (WIPO) annual report.  

For the first time, India was included in the top 10 countries of the world for three main intellectual property (IP) rights: patents, industrial design applications, and trademark applications. The patent filing in India has shown the fifth consecutive year of a double-digit growth rate.  

According to the WIPO report, the number of patents filed in India in 2023 was 64,480. The country’s growth rate in patent filing was 15.7 per cent compared to 2022.  

The report states that more than 35 lakh patents were filed worldwide in 2023 and this was the fourth successive year that global patent filing has shown positive growth.  

In 2023, the maximum patent filing was in China (1.64 million), followed by the United States of America (518,364), Japan (414,413), South Korea (287,954), Germany (133,053) and India (64,480).  

Asia remains the top spot for patents, accounting for 68.7 per cent, 66.7 per cent, and 69 per cent of global patent, trademark, and industrial design filing activity, respectively, in 2023.  

Intellectual Property Rights refer to the creation by human minds, which do not exist in nature. They include inventions, literary and artistic works, designs, symbols, names, and images used in commerce. Intellectual property Rights are protected by law to prevent their illegal use.  

Intellectual property rights include Patents, Copyright, Trademarks, Industrial Designs, Geographical Indications, and Trade Secrets.  

Patented stamp

Patents refer to the exclusive rights given to an invention by a human being, such as the discovery of medicine while copyright refers to creators’ rights to their literary and artistic works, such as songs, music, books, etc.  

A trademark is a legal term that distinguishes one company’s goods or services from those of others. It could be a symbol, design or name that the company uses on its products.  

An industrial design constitutes the ornamental or aesthetic aspect of mass-produced goods.  

The World Intellectual Property Organisation (WIPO) was established in 1967 as a United Nations’ agency. Based in Geneva in Switzerland, the organisation’s main function is to promote the protection of Intellectual Property rights worldwide.  

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