Commerce and Industry Minister Piyush Goyal has said that India is not looking at the ongoing US-China trade tensions as an opportunity for its own benefit and the country stands on its strengths such as democratic institutions, robust rule of law, and talented youth. He said India offers huge opportunities and the world is building stronger ties with the emerging markets.
The US has raised customs duties on a number of goods imported from China. About if the multilateral trade system has failed, Goyal said it has not, but it is going through certain stresses. He said that the World Trade Organization (WTO) is grappling with issues like a dysfunctional appellate body to resolve trade disputes among member countries.
He said ‘We have challenges on certain agendas where the developed world and the emerging markets think differently. We have not been able to reconcile those differences. But I am one who believes that the future is bright and I am very optimistic about these issues only making things better for all’.
He added that India and the US resolved their seven WTO trade disputes bilaterally. He said ‘So we see a great opportunity for diplomacy playing a greater role in resolving the problems of the world and India's approach is that dialogue and diplomacy is the way forward whether it is conflict or economics’.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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