Appreciation pours in from male fans as Sonakshi takes up the role of Baby Bedi

Sonakshi Sinha has always been one of the rare actresses who has taken up challenging and roles that very rarely main stream actress will take on. In her next film Khandaani Shafakhana, Sonakshi will be seen esaaying the role of Baby Bedi who inherits a sex clinic. This is the first time that a female is playing the role of a protagonist in a film that talks about the taboos of sex and the problems related to it. Sonakshi is not only receiving appreciation from her female fans for taking up this issue but also a lot of male fans too have reached out to the actress via social media lauding her for her bold choice of films' and being one of the first Bollywood actresses to take up such a role. Taking about the same Sonakshi says, "I have always believed in doing roles that are challenging and films' that I would like to watch as an audience. The kind of response that I have been receiving for my fans, especially boys is quite surprising in a good way. I hope we can make some difference in the society through our film."

Gits launches new Just add boiling water range – Cup Poha

Gits Food, the pioneers of convenience food in India, introduces everyone’s favourite breakfast – Poha in a brand new cup packaging. Specially designed for the generation which is always on-the-go, this Cup Poha comes as the best snack during vacation, in transit or while working long hours in office. Ready in just three minutes, consumers have to add/pour hot water, stir once and snack on the delicious and healthy treat with no added colours, flavours or any preservatives. Available in 80 grams cup priced at INR 50and a 60 gms pouch priced at INR 20 only. Commenting on the launch of the new product, Mr. Sahil Gilani, Director – Sales & Marketing, Gits Food said, “Gits Poha is the first product in our Just add boiling water range. This product line has been developed keeping the busy and restless consumers in mind, for whom even 5 to 10 minutes prep time is too long hence we developed this range to be ready in just 3 minutes! However, there has been absolutely no compromise to product taste and safety in the bargain.” Gits’ three minute Poha is available across leading retail outlets, supermarkets and e-commerce platforms in addition to their E-store www.gitsfood.com

Indian School of Hospitality Sees a Growth of over 100% for its Second Academic Intake

Gurgaon – The Indian School of Hospitality (ISH) has opened its doors for its second year of academic instruction. In the last year, the premium hospitality and culinary arts college founded by Dilip Puri, veteran hotelier and former Head of Starwood Hotels & Resorts South Asia has become the first institute to enter into an academic alliance with Asia’s premier culinary school At-Sunrice GlobalChef Academy, Singapore, alongside their existing academic affiliation with world leaders in hospitality education, École hôtelière de Lausanne. The second academic intake of students at ISH has doubled over the last year – with 120 talented new students enrolled into the college across the bachelor’s in hospitality management, bachelor’s in culinary arts and diploma programmes in culinary arts and pastry and bakery. ISH expects to have over 200 enrolled students at its state-of-the-art Gurgaon campus by the end of 2019. This academic year also marks the joining of Ms Martha Collett, an international expert in higher education in the position of Dean of Academic Affairs, signaling a new era of continuing educational excellence and upholding of international standards. Dilip Puri, Founder & CEO of ISH, commented on the new intake of the institute, saying, “It is quite overwhelming to see the traction that ISH has got within a year of its opening. We have not only attracted a significant number of new students but have a much broader pan India representation of students this year and an amazing gender diversity ratio of over 40% female students. The continued rise in interest for culinary programs is also a great sign for the food and beverage and culinary sectors of the hospitality industry.” All ISH students who completed their first year secured internships with the best hospitality brands in India with students interning at Oberoi, Taj, Marriott and Hyatt hotels across the country. One of the key focus areas for the coming year is to roll out executive education programs for continuing education for hospitality and allied service industries through the ISH Center for Professional Development.

ल्यूमिनस ने किया टिएरा स्विच लॉन्च, 9 रंगों के कवर प्लेटों में रहेंगे उपलब्‍ध

· विभिन्न सामग्रियों वाले 9 रंगों के कवर प्लेटों में उपलब्‍ध · टिएरा (Tierra) रेंज 2019 में विकास दर को तेज करने में मदद करेगी राष्‍ट्रीय, जुलाई, 2019: भारत में अग्रणी घरेलू इलेक्ट्रिकल्स कंपनी में से एक, ल्यूमिनस पॉवर टेक्नोलॉजीज ने टिएरा (Tierra) रेंज के स्‍विच लॉन्च किए, जो बारीकी से ध्‍यान देते हुए कुशल इंजीनियरिंग, उन्‍नत प्रौद्योगिकी और प्रामाणिक डिजाइन (सौंदर्य) के उत्तम मिश्रण के रूप में प्रस्‍तुत की गई हैं। यह रेंज अपनी श्रेणी के सर्वोत्तम ग्रिड “टोरो” के लिए उल्लेखनीय रूप से कारगर है, जिसमें देश में उपलब्‍ध धातु और लकड़ी के बक्से की व्यापक रेंज के साथ सबसे अच्छा तालमेल मौजूद है। लकड़ी, धातु और कांच में उपयोग की जाने वाली रियल मटेरियल कवर प्लेट्स सभी अत्याधुनिक सामग्रियों से बनी हैं। और इसके अलावा, इसमें बिलकुल नई फ्लैट कम्‍पानेंट टेक्‍नोलॉजी – फ्लैट स्विच, फैन रेग्‍यूलेटर, और डिमर्स, भी है। तीनों तत्व संयुक्त रूप से इसे एक ऐसे रेंज के रूप में प्रस्‍तुत करते हैं, जो केवल तकनीक या डिज़ाइन से ही सम्‍बंधित नहीं है, बल्कि इसके सौंदर्य का संबंध इंजीनियरिंग, प्रौद्योगिकी और डिजाइन से भी है, जो विभिन्न तत्वों के निर्माण में झलकता है, यानी इसमें संपूर्ण “प्रौद्योगिकी का सौंदर्य” दिखता है। यह सब कुछ उपभोक्ता की अंतर्दृष्टि को ध्‍यान में रखते हुए किया गया है। टिएरा (Tierra) में विभिन्न सामग्रियों वाले कवर प्लेटों के कुल 9 रंग हैं। इसमें होम डेकोर थीम के पूरे स्पेक्ट्रम को, शनी आज के दौर की टाइटेनियम फिनिश से लेकर अधिक चयनशील एम्बर फिनिश तक – शामिल किया गया है। ल्यूमिनस ने भारतीय घरों की जरूरतों को सफलतापूर्वक समझा है और ऐसे उत्‍पाद प्रस्तुत किये हैं जो उनकी जरूरत से मेल खाते हैं। जब उन्होंने 2016 में अपनी पहली रेंज लॉन्च की थी, तब स्विच श्रेणी में यह ब्रांड जल्‍द ही एक सफल ब्रांड के रूप में स्‍थापित हो गया था। मौजूदा दो रेंज – ज़ोइलो (Zolio) और विवाचे (Vivace), और अब टिएरा (Tierra) , ग्राहकों को सफेद, ग्रे और रंगीन प्लेट के दोनों विकल्पों में, स्विच की विस्तृत पोर्टफोलियो प्रदान करती है। इस तरह, उसी वक्‍त से ही ल्यूमिनस मॉड्यूलर स्विच साल-दर-साल 50% से बेहतर प्रगति के साथ व्यापार को बढ़ाने में सक्षम हैं। नए उत्पादों के लॉन्च की घोषणा करते हुए, ल्यूमिनस टेक्नोलॉजीज के सीनियर वाइस प्रेसिडेंट, श्री जितेंद्र अग्रवाल ने कहा, “ल्यूमिनस टेक्नोलॉजीज में काम करते हुए, हम मानते हैं कि हर उत्पाद दिखने में सुंदर और काम करने में कुशल होना चाहिए। डिजाइन को लेकर इस सोच के साथ, हम होम इलेक्‍ट्रिकल्‍स के क्षेत्र में तकनीकी नवाचारों को लाने में अग्रणी भूमिका निभा रहे हैं। टिएरा (Tierra) रेंज के साथ, हमारी टीम ने देश के स्विच बाजार में सफलतापूर्वक क्रांति ला दी है। हमारे होम इलेक्‍ट्रिकल्‍स कारोबार ने 2018 में 40% से अधिक की वृद्धि दर्ज की है और हमें विश्वास है कि नई टिएरा (Tierra) रेंज 2019 में विकास दर को तेज करने में मदद करेगी।” टिएरा (Tierra) रेंज की स्विच, इंडस्ट्री में सबसे प्रीमियम स्विच में से एक होंगी, और बिल्‍कुल नये तरह की यह स्विच रेंज पूरे भारत के प्रमुख कस्‍बों और शहरों में उपलब्ध होगी।

MARRIOTT HOTELS VENTURES TO NEPAL WITH THE OPENING OF KATHMANDU MARRIOTT HOTEL

Kathmandu, Nepal – 18th July, 2019 – Kathmandu Marriott Hotel opens in the historic capital city, marking the debut of the flagship brand in Nepal. Designed to expand the mind of modern travelers, the hotel’s prime location connects next generation travelers to attractions throughout the fascinating cultural city. “We are proud to introduce our flagship brand in the beautiful kingdom of Nepal. The country welcomed one million tourist arrivals in 2018, reaching a new record to show that this country has great tourism potential,” said Neeraj Govil, Area Vice President, South Asia, Marriott International. “The hotel will offer our guests brilliant stays in Kathmandu, stimulating guests with cultural experiences that speak to their inventive nature.” “For both business and leisure travelers, Nepal offers many UNESCO World Heritage Sites with stunning experiences while guests unwind and recharge in the comfort of sophisticated spaces and the warm hospitality of Marriott.” Upon entering the hotel, guests will see thoughtful touches paying tribute to the country. A 500 kilogram Nepalese praying bell hangs from the ceiling while local paintings and crafts adorn the walls. The patterned carpets mimic the detailed weaving seen in the Dhaka Topi, a brimless cap that is part of the traditional Nepalese national dress. The 214 well-appointed rooms reflect streamlined Marriott Modern design complemented with premium elegance and intuitive technology. The traditional desk is replaced by flexible surfaces enabling space for work and relaxation. Meanwhile, a soft seating nesting nook allows guests to look out onto verdant greenery and the majestic Himalayan mountain ranges that lend an impressive sense of place. “The Kathmandu Marriott Hotel is thoughtfully designed to ensure a brilliant stay. We look forward to delivering unparalleled guest experiences backed by comfort and great service through best in class facilities and amenities for both international and local guests. Our four distinctive dining venues, offering sumptuous local and international cuisines, promise to raise the bar within the Kathmandu culinary scene,” said Jean-Louis Ripoche, General Manager, Kathmandu Marriott Hotel. Guests and locals can choose from a multitude of dining experiences including the all-day dining restaurant, Thamel Kitchen, that showcases an interactive live-cooking kitchen serving local and international dishes to delight our guests. Edamame will be a pan-Asian specialty restaurant offering Thai, Japanese and Chinese cuisine, featuring a Yakitori station. Raksi is a music bar offering hand crafted cocktails with local ingredients and will host live jazz music sessions. For fresh and flavorful bites in the morning or a coffee break in the afternoons, there will also be KBC – Kathmandu Baking Kitchen, an in-house patisserie serving delectable sweets and baked goods paired with freshly made espresso and coffee-based drinks. With over 740 sqm of banquet space, the Kathmandu Marriott Hotel has one of the largest meeting spaces in the city with the latest technology for seamless conferencing and meetings. Furthermore, the M Club boasts panoramic views of the majestic Himalayan Mountains, making it an ideal venue to enjoy breakfast and refreshments 24-hours a day. Centered on health and holistic well-being, the hotel offers M-Wellness, which includes an invigorating space consisting of four treatment rooms, with a choice ofAyurvedic signature treatments and modern therapies that help unwind and revitalize the body and mind. The hotel will also feature an outdoor swimming pool and a fully-equipped fitness center. Travelers can take in the historic and cultural treasures within walking distance from the hotel, including the nearby former royal residence Narayanhiti Palace Museum; peruse the cafes, galleries and shops along Durbarmarg Street; or escape to the scenic Garden of Dreams, a tranquil green spot in the buzzing capital. Meanwhile Tribhuvan International Airport is a short 20-minute drive away. ### About Marriott Hotels With over 500 hotels and resorts in 65 countries and territories around the world, Marriott Hotels is evolving travel through every aspect of the guest’s stay, enabling the next generation to Travel Brilliantly. Boldly transforming itself for mobile and global travelers who blend work and play, Marriott leads the industry with innovations, including the Greatroom lobby and Mobile Guest Services that elevates style & design and technology. To learn more, visit www.MarriottHotels.com. Stay connected to Marriott Hotels on Facebook, @marriott on Twitter and @marriotthotels on Instagram. Marriott Hotels is proud to participate in Marriott Bonvoy, the new name of Marriott’s travel program replacing Marriott Rewards®, The Ritz- Carlton Rewards®, and Starwood Preferred Guest® (SPG). The program offers members an extraordinary portfolio of global brands, experiences on Marriott Bonvoy Moments and unparalleled benefits including earning points toward free hotel stays and nights toward Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com. About Marriott International Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,000 properties in 30 leading hotel brands spanning 131 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company now offers one travel program, Marriott BonvoyTM , replacing Marriott Rewards®, The Ritz-Carlton Rewards®, and Starwood Preferred Guest®(SPG). For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

Sony Pictures Networks India inaugurates the 24th Community Water Centre in Maharashtra

Mumbai: Taking a step further towards building a better society, Sony Pictures Networks India (SPN) inaugurated its 24th Community WaterCentre at Koliwali village in Bhiwandi Taluka. This initiative is in partnership with Naandi Foundation, under the environment pillar of SPN's CSR programme. The Community Water Centre at Koliwali village,will provide access to clean drinking water to at least 3000 individuals in the village that houses750 families. To support the cause and to educate the habitants of Koliwali village, prominent actors from the network's Marathi channel - Sony Marathi, Harshad Atkari and Mayuri Wagh along with Sony Pictures Networks' Head CSR, Rajkumar Bidawatka, local authorities from the Gram Panchayat and senior members from Naandi Foundation were present at the inauguration. SPN has always aimed at empowering communities and working towards building a better society. With this milestone, SPN in partnership with Naandi Foundation has been able to provide access to clean drinking water to 1.5 lakh individuals in Kolhapur, Sangli and Thane districts of Maharashtra. This initiative is one of the many steps taken by the network to support the creation of a sustainable environment. SPN is committed to co-creating India's social development agenda through its focus on various areas of social impact. Rajkumar Bidawatka, Head CSR, Sony Pictures Networks India (SPN) said : "Sony Pictures Networks is proud to partner with Naandi Foundation for making clean drinking water available across certain parts of Maharashtra, through its corporate social responsibility programme. Our aim is to help improve the lives of people who don't get access to a necessity like water. Through this, we are happy to bring alive and strengthen our theme of 'Ek India Happywala'.

Coca-Cola committed to ICC World Cup and Cricket

Coca-Cola committed to ICC World Cup and Cricket Maintains its consistent approach towards engaging with its consumers both online and off-line Creates record with over 4 billion + impressions across social platforms with a reach of 70 mn+ during its ICC World Cup campaign For Coca-Cola, the secret ingredient has always been to be part of peoples' lives - their moments of joy, laughter, music and celebrations. And 'Cricket' is amongst the most rejoicing occasions that caters to everyone and connects people across the countries. Coca-Cola celebrates the spirit and the happiness cricket brings into the lives of people and binds them under various circumstances. This year, Coca-Cola entered into a five-year global strategic partnership with ICC to celebrate cricket. Initiated from India, the aim of the partnership is to create memorable experiences for cricket fans across the world. This partnership includes all ICC events around the world, including the ICC Men's Cricket World Cup 2019 in England and Wales, the ICC men's and women's T20 World Cup in Australia in 2020, the ICC Women's World Cup 2021 in New Zealand and the ICC Men's Cricket World Cup in India in 2023 amongst other global tournaments. The partnership has strategically aligned both ICC and Coca-Cola for the long-term by combining the strength of The Coca-Cola Company's diversified portfolio of over 500 brands and worldwide retail reach with ICC's unwavering focus to expand the sport's footprint globally. More than 100 days of innovative marketing initiatives Stirring up the excitement for the cricket lovers, Coca-Cola rolled out two new campaigns to celebrate cricket with the fans. The campaigns were aimed at making the World Cup moments special for the consumers with the simple pleasure of drinking a Coca-Cola. In the early stages of the game when consumers were preparing for the tournament, Coca-Cola focused on building a Stock Up Ritual. The film focused on building consumption depth around cricket viewing by encouraging fans to 'Stock Up' to be 'Match Ready'. It featured Ranbir Kapoor and Paresh Rawal, who encouraged cricket lovers to be prepared in advance and stock-up Coca-Cola to relish every second of the World Cup and not miss any game-changing cricket moments.https://www.youtube.com/watch?v=kdh8Ruu5fNs Once the passion and emotions were running high, Coca-Cola started conveying its core idea: Be the 12th Man. The film symbolized the hopes, aspirations, anxieties of Indian fans and what their spirit could be. The campaign addressed what is there in their hearts and minds during the World Cup: The intense desire to see India win. Keeping this in mind, '12th Man' campaign was built around the simple idea that, 'To be part of the team, you don't need to be in the team'. The film featured ace cricketers Rishabh Pant (India's 12th man just before as he was selected in the playing 11 for IND vs ENG) and Yuvraj Singh with a voice-over by Ranbir Kapoor. https://www.youtube.com/watch?v=ji4Yqa4Qtuk The campaigns till date has received more than 180 Mn views on television and 200 Mn views on Hotstar and were appreciated by consumers and industry experts. Furthermore, Ravinder Jadeja also posted when he joined the World Cup playing squad. Many people from different walks of like including celebrities such as SouravGanguly, Suniel Shetty and Paresh Rawal joined the chorus and congratulated the players. Going Digital - 'Phone the new moving TV' Embracing marketing innovations in the digital world to build seamless experiences for the consumers, select moments of the match amplified before, during and after the match across social media. A first-ever customized 12th man filter has been created and more than 100 Mn consumers have interacted with innovations such as the the 'Heart' cheer button on Hotstar alone, which was shared Live during the game. Coca-Cola's portfolio has garnered 770 Mn video views.360 Mn impressions were garnered on 'Branded Cards' that were placed contextually during live games on Hotstar. Overall, the World Cup campaign garnered 4 billion impressions across social platforms with a reach of 70 mntill now. The company created a line of innovations and which linked activations On-Ground and In-Ground for the consumers digitally. Special promotionswere kicked-off to provide consumers an opportunity to win an all-expense paid trip to London and watch World Cup match livealong with other attractive prizes. PET bottles with aunique code under the labels were launched. The company also ran contests on its own e-commerce website(Coke2Home),retail stores, cash and carry outlets, ecommerce, movie halls and kirana stores.250 lucky customers got a chance to experience the Cricket World Cup in London. The on-pack promotion was also initiated to watch the finals in London which generated 3.9 Million entries. Coca-Cola also made the World Cup Cricket moments special for consumers through its timely, contextual messaging. A special team was set up to create real-time contextual content, one-on-one communication with consumers and creating content for brand advocates across 21 cities in India and 6 languages. Taking the celebrationsacross borders The palpable excitement got extended to other South West Asian countries such as Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives to win consumer hearts and become an essential part of the shopping basket. In Bangladesh, consumer campaign'Go to England and Cheer for your team' received5.4 Mn responses and enabled 60 winners to visit England and cheer for the Bangladesh Cricket team. A new TVC campaign'England erMaati; BanglarGhati' – Land of England; Pride of Bangladesh focused oncultural point of view and encouraged consumers to become loyal supporters. On-ground tie-up with Bangladesh Cricket Supporters Association allowed Coke ambassadors to post content Live from the stadium. War room set up also enabled in amplifyingthe communications real time during the matches, leveraging influencers and social media posts. In Sri Lanka, the consumer campaign, 'From Cap to Cup' ran across 50,000 retail outlets and enabled 30 winners to England to cheer for the Sri Lankan cricket team. The company also partnered with select food chains to run consumer promotions. The new World Cup TVC 'Drink of Togetherness' showcased how Coca-Cola is the beverage that brings fans together and encouraged them to become loyal supporters of the campaign. Coca-Cola was also the official sponsor of ICC World Cup 2019 match feed on the television. On-ground tie-up with Rupawahini channel captured Coke brand ambassadors cheering for the Sri Lankan team LIVE from the stadium. A war room was set-up to amplify real time moments during the matches, leveraging influencers and posts on Facebook and Instagram. 8 other countries activated this property, including the United Kingdom for a strong on-ground and digital activation in the hosting nation itself. Coming Up: More Excitement During ICC Cricket World Cup Final During the upcoming matches, Coca-Cola will continue to showcase its commitment to Cricket. It aims to reach 100 million more fans through multiple touchpoints, leveraging communities, digital & social media posts, and amplifying 'Be the 12th Man' on non-cricket platforms. Coca-Cola brand ambassadors and influencers will encourage people to share their stories. Furthermore, the company will capture the cricketing moments through regional Voxpopsfeaturing 12th man stories from the heartlands of India. On Snapchat, there will be a filter with the 12th Man cap for consumers to express themselves and share their 12th man moments. 50 winners from Coca-Cola's promotional campaigns will also feature as the brand ambassadors. It has also partnered with food aggregators to offer discounts on Coca-Cola and Cricket meals. Watch TVCs here: 'Stock Up': https://www.youtube.com/watch?v=kdh8Ruu5fNs 'The 12th Man': https://www.youtube.com/watch?v=ji4Yqa4Qtuk About Coca-Cola India Coca-Cola in India is one of the country's leading beverage companies, offering a range of healthy, safe, high quality, refreshing beverage options to consumers. Since its re-entry in 1993, the company has been refreshing consumers with its beverage products – Coca-Cola, Coca-Cola Zero, Diet Coke, Thums Up, Thums Up Charged, Thums Up Charged No Sugar, Fanta, Limca, Sprite, Sprite Zero, Maaza, VIO flavoured milk, Minute Maid range of juices, Minute Maid Smoothie and Minute Maid Vitingo, Georgia range of hot and cold tea and coffee options, Aquarius and Aquarius Glucocharge, Schweppes, Smart Water, Kinley and Bonaqua packaged drinking water and Kinley Club Soda. The Company along with its owned bottling operation and other bottling partners, through a strong network of over 2.6 million retail outlets, touches the lives of millions of consumers, at a rate of more than 500 servings per second. Its brands are some of the most preferred and most sold beverages in the country – Thums Up and Sprite – being the top two selling sparkling beverages. The Coca-Cola India system provides direct employment to 25,000 people and indirect employment to more than 150,000 people. The Coca-Cola system in India is contributing in its own small way to building sustainable communities through community initiatives like Support My School, VEER, Parivartan and Unnati and by reducing its own environmental footprint. For further information on the company's India operations and its products, please visit: www.coca-colaindia.com and www.hindustancoca-cola.com. Follow us on twitter at twitter.com/CocaCola_Ind, or on facebook.

Quote by Principal Mutual Fund on Budget 2019

Mr. Rajat Jain, Chief Investment Officer, Principal Pnb AMC Mr. Rajat Jain, Chief Investment Officer, Principal Mutual Fund on Budget 2019. “The budget continues its focus on infrastructure growth in areas of water, roads, affordable housing and railways and has provided for substantial spends in this space. There is an effort on further improving ease of doing business and raising resources, esp . from the offshore markets to provide for growth. The key question facing the economy is the growth slowdown and market expectations were for specific steps that could be taken in this regard. There is a bit of disappointment here from an initial reading of the speech. The shifting of NBFC governance to RBI is welcome along with the provision of partial credit enhancement. The details of proposal to increase public shareholding to 35% would be awaited as it could lead to increased supply of paper while at the same time increasing India's weight in global indices.” The views contained herein are the independent views of the spokesperson and are not to be taken as an advice or recommendation to buy or sell any investment or interest thereto. The views and strategies described may not be suitable for all investors. It should be understood that any reference to the securities/ sectors in the document is only for illustration purpose. The information contained in this document does not constitute an offer to sell, or a solicitation of an offer to buy any security, investment product or service. Investment involves risk. Past performance is not indicative of future performance and investors may not get back the full amount invested. As an investor you are advised to conduct your own verification and consult your own financial and tax advisor before investing. Mutual Fund investments are subject to market risks, read all scheme related documents carefully Below is the quote by Ms. Bekxy Kuriakose, Head – Fixed Income, Principal Mutual Fund on impact of Budget on Debt Market & Outlook and attached is her photograph, for your reference. Do let us know if you require any additional information on this. “The newly appointed Finance Minister positively surprised the debt markets by reducing the fiscal deficit target from 3.4% as laid down in the Interim Budget to 3.3%. Gross borrowing, Net borrowing, switches and buybacks have been retained as given in the Interim Budget which is a relief. On closer look at the fine print, while the fiscal deficit at absolute level is almost the same as in Interim Budget: Rs 703760 cr (703999 cr in Interim) what has been increased is the Nominal GDP assumptions from 11.5% to 12%. This helps in therefore showing an optically lower fiscal deficit target. Among other notable items in the Budget, the GST collections have been scaled down by almost Rs 1 lakh cr which makes it more realistic considering the trend in recent collections. Income Taxes target has also been reduced by 50000 cr. Thus the Revenue Deficit is higher at 2.3% as compared to 2.2% projected in the Interim Budget. The mention of sovereign bond issuance in foreign currency as a diversification and to alleviate demand pressures domestically also aided in the rally today in gilt and bond prices. The ten yr gilt benchmark as on 2.15 pm today afternoon is trading around 6.65%, 10 bps lower than yesterday's level. With the Budget announcement out of the way and govt sticking broadly to the fiscal parameters, markets will now move on to other events. The overall environment remains benign with subdued headline and core inflation, falling global bonds yields, dovish global central banks and ample banking system liquidity.” The below links give the three main documents one can peruse among all those available. Links: Abstract of Receipts giving the breakup and targets for various receipt heads : https://www.indiabudget.gov.in/doc/rec/ar.pdf Sources of Financing the Fiscal Deficit: https://www.indiabudget.gov.in/doc/Budget_at_Glance/bag2.pdf Budget at a Glance: https://www.indiabudget.gov.in/budget2019-20(I)/ub2019-20/bag/bag1.pdf The views contained herein are the independent views of the spokesperson and are not to be taken as an advice or recommendation to buy or sell any investment or interest thereto. The views and strategies described may not be suitable for all investors. It should be understood that any reference to the securities/ sectors in the document is only for illustration purpose. The information contained in this document does not constitute an offer to sell, or a solicitation of an offer to buy any security, investment product or service. Investment involves risk. Past performance is not indicative of future performance and investors may not get back the full amount invested. As an investor you are advised to conduct your own verification and consult your own financial and tax advisor before investing. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

"Union budget of 2019 pivots on creating opportunities for our aspiring youth"- Dr Aseem Chauhan Chairman and Chancellor of Amity University

Dr. Aseem Chauhan, Chairman and Chancellor of Amity University on Budget, 2019. "This is perhaps the most awaited budget for the education sector in recent history. A number of the initiatives of the Government are appreciable. The proposed National Research Foundation should enable India to lay more emphasis on the quality and volume of research in emerging areas. We can see an increased focus on start ups and MSMEs with a number of initiatives that may trigger economic growth and employment generation. Further, we laud the Government's initiative to attract foreign students through the Study in India program. By including this initiative in Union Budget, Government has emphasized its effort to increase India's market share of global education exports. Allocation of Rs 400 crore for world-class higher education institutions in FY20 is again a welcome move to improve the quality of education infrastructure of our country. This Union budget 2019 comes bearing good news for Indian youth. Skill development in new and emerging technologies such as artificial intelligence, big data and robotics is a forward looking move by the Government. Today's budget pivots on creating opportunities for our aspiring youth and the rural economy. This will help the country in generating jobs and also in bridging the skills gap."