All Eyes On Parl As GST Plus Six Other Vital Bills Await Passage

We are right now standing on a threshold of a new beginning. This moment is crucial for all of us having interests in capital markets and investment.

I am talking about much-awaited GST Bill finally taking shape of a new set of industry-friendly laws. All the initiatives now have been taken by the ruling government with personal supervision of none but country’s Prime Minister, Narendra Modi. I now have this strong feel that soon GST Bill may get a smooth passage. At the time of this editorial piece going on print on July 20, NDA government has been in last round of talks with its allies and even political foes. Except mild protests still pouring in from certain smaller political outfits like Samajwadi Party and Sitaram Yechury’s CPI(M), things are looking better like never before. Even main Opposition, Congress has toned down its earlier strong stance and seems, the party has more or less decided in favour of GST. In this edition, we have decoded GST for our reader-investors and I am sure, you will have an interesting read on all that you want to know on the GST hype.

We have been noticing interesting positive developments in the consumer durables sector for last few months and enthusiasm of individual investors putting their money in the stocks of this rising sector needs a mention here. Our Research Team worked hard to prepare the cover story of this edition, ‘In Focus-Consumer Durables Sector.’ In our continued endeavour to help our loyal reader-investors benefit from their favourite DSIJ, the cover package also mentions recommendations of investing in five stocks in the consumer durables sector.

The results of various large companies for the first quarter of this financial year are coming out everyday and sans one or two, most of them have shown better results than the fourth quarter of the last financial year. Hence raising expectations of the investors from the markets. I am sure markets will further look up from this juncture as now finally good monsoon has proved to be a blessing.

During the next few days, let us keep ears and eyes on the happenings in Parliament. Not only GST Bill, but six other crucial Bills have been lined up awaiting to be passed by the lower and upper houses. The Bills once converted into laws, will make a lot of sense for industrial development and promotion in the country.

I will write you back yet again in the month of August, till then stay safe and invest wisely.