In America, a third of households prefer real estate, according to the US Census. Most of the allocation is to financial assets through retirement accounts and investments in the stock market through mutual funds or directly. That shows the confidence Americans have in their financial system. The US government deserves to be credited for creating an environment conducive for small savers to deploy their life savings into risky assets like equity. A robust retail market for equity and bonds makes America an attractive destination not just for Americans but for foreigners, too.
It is a no-brainer that India needs to have a robust financial system with vibrant capital markets if it wishes to realise the dream of being a developed country by 2047. It is a challenge like none other for a nation that has nearly 150 crore people.
Diese Geschichte stammt aus der October 21, 2024-Ausgabe von The Morning Standard.
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Diese Geschichte stammt aus der October 21, 2024-Ausgabe von The Morning Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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'Hard Work Came First, Stardom Later'
Actor Adivi Sesh's career in Tollywood has included a variety of roles and genres. From playing Bhadra in Baahubali to Agent Gopi in Goodachari, Sesh has established himself as one of the most versatile performers in the industry, having played complicated characters with profound emotional arcs as well as action-packed thrillers.
Aspirations Unbound
At 69, Anupam Kher is far from done. Whether it is romance or fitness training, he is ready for it all
Recipes of the Heart and Home
After tasting success in London, celebrity chef Rohit Ghai is impressing the Omani palate with the subtlety of spice while he stays a dal-chawal sort of guy
Diving into the Murky World of Scandals
Fraudster Tales: History's Greatest Financial Criminals and Their Catastrophic Crimes By: Vijay Narayan Govind Publisher: Pan Macmillan Price: ₹499 Pages: 290
The Traditional and the Suave
The timeless drape sees a major revival with new-age dhoti enthusiasts reawakening to its allure
The Artificial Way to Work Happiness
Gen Z seems to have got the workplace right, artificially. With 31 per cent of them reporting a healthy relationship with work, it places them ahead of Boomers, Gen X, and Millennials.
Uncomplicated and Compelling
The story preserves not only the characters' voices but also their goals and actions, which are convincing and believable
Inside Mindscapes that Define Us
Three artists engage with Nature and make a statement that explores the geological, cultural, and material facets of our planet
Of an Age Gone by and a Language Lost
Our villages have become ghost villages; will our language take the same road? A googly was flung at me by a student.
Are Adult Friendships Really that Hard; Why Not Make the Effort?
Despite the plethora of digital platforms that promise connection and community, 79 per cent of GenZs and 71 per cent millennials describe themselves as lonely. In the US, 12 per cent of adults say that they have no close friends. While finding avenues for connection have increased exponentially over the years, maintaining friendships, especially adult friendships, have become harder.
