Most of the thinkers opine strongly that a critical look at the macroeconomic picture of India with an objective mindset is essential so as to understand the emerging challenges to making India a $5 tn economy. Viewed from this perspective, a holistic assessment of global business delivery is found to be missing in recent times. The support systems needed to be built across various sectors of economy are to be identified with a possible road map towards achieving the set objectives. Precisely, the banking sector and stock market areas are found to be prone to revolutionary changes in the light of new forms of competition.

What makes it imperative for an investor to look for volatile stock markets in capital assets segment has always been a matter of concern for scholars leading to many theoretical models aimed at experimentation. The current issue features an interesting study on asset pricing models popularly followed in stock market by bringing to light the theoretical postulates for a deeper scrutiny. The paper, �Vigorousness of Asset Pricing Models: Evidence from the Stock Market in India�, by Mobin Anwar and Sanjay Kumar, goes a long way in revisiting the asset pricing models in operation. The operation of Capital Asset Pricing Model (CAPM) is subjected to scrutiny in the paper, leading to much enlightenment on the subject. The findings reveal that although, the intensity with which CAPM describes the asset return is found to be lower in comparison to two-factor and three-factor models, still, the CAPM is vigorous.

The paper on ageing population in India deserves to be complimented not just for identifying the core issue from a financial perspective, but also for the scientific approach adopted in analyzing the reverse mortgage system widely followed by the Indian elderly homeowners. The paper, �Economic Factors Influencing Indian Older Homeowners� Decision to Opt for Reverse Mortgage: An Empirical Investigation�, by Sarita Gupta and Sanjay Kumar, investigates the economic factors responsible for the reverse mortgage decision making by Indian elderly homeowners in metro cities. The results suggest more liberal provisions should be introduced towards making this a successful proposition benefiting the elderly homeowners in India.

It is always interesting to note how a joint venture could be successful in terms of financial performance with regard to many conflicting forces and factors. This is more so in case of construction industry as examined in the paper, �Factors Affecting the Success of Joint Ventures in Indian Construction Firms�, by Pradeepta Kumar Samanta and Harish Kumar Singla. The paper identifies important success factors that joint venture partners need to take care of before they initiate a deal or even during the execution and maintenance stage of the deal.

The core focus of marketing research in recent times has been the factors influencing the purchase intention of new generation consumers and the findings have been variant across sectors and business verticals. The paper, �Perceived Recourse and Redress Risk: Remedy Risk Before Purchase and Its Impact on Purchase Intention�, by Purva Kansal and Suriti Goel, studies how consumers perceive the complaint management system of companies and its effect on perception of cognitive dissonance with its subsequent effect on purchase intention. The paper brings to light the factor called �perceived recourse and redress risk� which is used to measure the efficiency of complaint management systems. The paper uses structural equation modeling tool for data analysis.