✅In the latest development, 15 countries solidifi ed their participation in the Regional Comprehensive Economic Partnership (RCEP).
✅Even as India opted to stay out after walking out of discussions last year, the new trading bloc has made it clear that the door will remain open for India to return to the negotiating table.
▪️Background
✅The RCEP was first proposed at the 19th ASEAN meet in November 2011 with an aim to create a consolidated market for the 10 member countries and their trade partners.
✅India pulled out of the agreement last year over concerns about cheap Chinese goods entering the country. It can join at a later date if it chooses.
▪️What is RCEP?
✅It is described as the “largest” regional trading agreement to this day, RCEP was originally being negotiated between 16 countries — ASEAN members and countries with which they have FTAs, namely Australia, China, Korea, Japan, New Zealand and India.
✅In the latest development, 15 countries solidifi ed their participation in the Regional Comprehensive Economic Partnership (RCEP).
✅Even as India opted to stay out after walking out of discussions last year, the new trading bloc has made it clear that the door will remain open for India to return to the negotiating table.
▪️Background
✅The RCEP was first proposed at the 19th ASEAN meet in November 2011 with an aim to create a consolidated market for the 10 member countries and their trade partners.
✅India pulled out of the agreement last year over concerns about cheap Chinese goods entering the country. It can join at a later date if it chooses.
▪️What is RCEP?
✅It is described as the “largest” regional trading agreement to this day, RCEP was originally being negotiated between 16 countries — ASEAN members and countries with which they have FTAs, namely Australia, China, Korea, Japan, New Zealand and India.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
