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In the new year of 2024, we wish all our readers and well-wishers a fresh start and continued success.
What are your New Year’s resolutions for 2024? No matter what you focus on this year – health, education, travel, a new job, a new startup – make sure you set aside time to grow your wealth this year. It looks like it’s going to be a wonderful and prosperous first quarter, if not a full year, of passively accumulating wealth by diversifying your investments.
2023 marked many firsts. Nifty50 crossed the 19,000 mark in June and reached 20,000 in September. It soared above 21,000 points on December 8th, and then hit a new all-time high of 21,492 points in five trading sessions. Similarly, the S&P BSE Sensex also recorded unprecedented heights, in June he crossed the 64,000 level and in July he reached the 67,000 level. In December, the index reached 71,605 points. But how should we invest in 2024? Should one bank receive the profits that will be made by the market in 2023? In this issue, readers will learn about the stock exchange’s IPO, daily trading Here are the views of financial giants on investing in mutual funds and bank FDs.
If you’re a new-age crypto investor, this is a promising year. In 2022, it looked like the end for cryptocurrencies when Bitcoin and Ethereum fell more than 60% from their previous highs due to the FTX debacle and the decline of well-known crypto projects such as Terra LUNA and Celius. Ta. However, in 2023, both currencies proved their critics wrong. Although Bitcoin started small, it skyrocketed by an astonishing 154%. It was around $17,000 at the beginning of the year, but has risen to $44,000. In this issue, we also take a deep dive into India’s booming technology industry as we introduce our annual Tech 25 and Rising Tech Leaders classes.
This issue is deeply related to the semiconductor industry. The government is committed to making India a global hub for chip manufacturing by developing capacity for a sustainable semiconductor and display ecosystem in India. These larger technology trends will be further developed at Entrepreneur India’s annual Tech and Innovation Summit and Web3Summit to be held in Bangalore on March 8-9, 2024. For more information: https://www.entrepreneurindia.com/tech25web/ and https://www.w3summit.io/
Stay tuned for our February issue featuring young entrepreneurs from our annual 35under35 class of 2024. If you have an innovative business or are doing something ground-breaking, please contact us at editor@entreprenurindia.com.
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