The Gujarat International Finance Tec-City (GIFT City) has introduced significant regulatory changes to enhance its financial ecosystem. In a recent circular, the International Financial Services Centres Authority (IFSCA) announced the reduction of the minimum investment size in Portfolio Management Services (PMS) from USD 150,000 (₹1.30 crore) to USD 75,000 (₹65 lakh). This move aligns with …
On February 24, 2025, the capital market regulator, the Securities and Exchange Board of India (SEBI), levied a total penalty of ₹50 lakh on 3 foreign portfolio investors (FPIs) for exceeding the prescribed limits on short-term investments in debt securities. These violations, some of which lasted up to two years, were discovered following an inspection …
The Reserve Bank of India (RBI) has partially eased withdrawal restrictions on New India Co-operative Bank, allowing customers to withdraw up to ₹25,000 from their deposit accounts starting February 27, 2025. This follows the imposition of All-Inclusive Directions (AID) on February 13 due to supervisory concerns. RBI’s Initial Restrictions and Management Changes On February 13, …
India’s stock exchanges, NSE and BSE, will be closed on Wednesday, February 26, for Maha Shivratri holiday, pausing trading in equities, derivatives, and commodity markets. This is the first trading holiday of the 2025 calendar year. Maha Shivratri is an annual Hindu festival dedicated to Lord Shiva, observed as a public holiday across India. Mahashivratri Holiday: …
India’s markets regulator, the Securities and Exchange Board of India (SEBI), has proposed new measures to tighten position limits for equity stock derivatives and introduce stricter regulations for index derivatives. The move aims to curb excessive risk build-up and potential manipulation in the derivatives market. Stricter Position Limits for Single-Stock Derivatives In a consultation paper …
The Securities and Exchange Board of India (SEBI) has imposed penalties totalling ₹50 lakhs on 3 foreign portfolio investors (FPIs) for exceeding the prescribed limits on short-term investments in debt securities. In 3 separate orders issued on Monday, SEBI levied a fine of ₹20 lakh each on Nexpact Ltd and AIRD Investment Commercial LLC, while …
On Thursday, February 20, 2025, the capital market regulator, the Securities and Exchange Board of India (SEBI) proposed a new framework for InvITs. The proposed framework streamlines the process of fast-track follow-on offerings by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) in order to make fundraising more efficient. Proposal by SEBI The …
With global electric vehicle (EV) markets like China and Europe nearing saturation, major players such as Tesla, BYD, and Vinfast are turning to India, where EV adoption remains in its early stages. India’s low penetration of electric passenger vehicles and improving infrastructure present a significant growth opportunity. While domestic brands focus on mass-market EVs, global …
The Nifty Smallcap 100 Index, designed to track the performance of the small-cap segment, is witnessing a challenging month. As of 2:39 PM on February 24, 2025, the index is down nearly 1%, with 78 out of 100 stocks in the red. Notably, 65 stocks are trading with losses ranging from -3% to 0%, reflecting …
The National Stock Exchange (NSE) has announced changes to its benchmark Nifty 50 index, with Jio Financial Services Ltd. (JFS) and Zomato Ltd. set to be added, while Bharat Petroleum Corporation Ltd. (BPCL) and Britannia Industries Ltd. will be removed. These changes will take effect from March 28, 2025, as part of the semi-annual index …
