On December 31, 2023, the Securities and Exchange Board of India (SEBI) announced the launch of the Mutual Funds Lite (MF Lite) framework to simplify the compliance process for entities launching passively managed mutual fund schemes. This initiative aims to foster innovation, encourage new entrants, and diversify investments in the mutual fund sector. Objective and …
Yes, the Indian stock market is open on January 1, 2025. According to the official holiday calendar released by the National Stock Exchange (NSE) of India, New Year’s Day will be a regular trading day for both the Bombay Stock Exchange (BSE) and the NSE. As a result, the Sensex and Nifty 50 indices will …
In a significant move to strengthen cybersecurity in India’s financial sector, the Securities and Exchange Board of India (SEBI) has issued clarifications regarding its Cybersecurity and Cyber Resilience Framework (CSCRF) for regulated entities (REs). The framework, initially introduced in August 2024, aims to enhance the ability of regulated entities to withstand, respond to, and recover …
The Finance Ministry has decided to keep the interest rates on small savings schemes unchanged for the January to March 2025 quarter. This announcement marks the fourth consecutive quarter of stability in these rates, ensuring consistent returns for millions of savers across India. Steady Returns for Savers Small savings schemes, operated mainly through post offices …
The National Payments Corporation of India (NPCI), founded in 2008, plays a crucial role under the Reserve Bank of India in promoting digital payments and settlement systems across the nation. Based in Mumbai, NPCI operates platforms such as UPI, RuPay, IMPS, and BHIM, transforming India’s payment landscape by facilitating secure, immediate, and seamless transactions. NPCI …
The Union Budget for 2025 is scheduled for presentation on Saturday, February 01, 2025. While markets typically remain closed on weekends, the National Stock Exchange (NSE) has announced that stock exchanges will operate as usual to accommodate trading activity linked to Budget developments. This isn’t the first instance of markets operating on a Saturday for …
Bandhan Mutual Fund has announced some important modifications to its Bandhan All Seasons Bond Fund, altering its fundamental attributes. These changes, approved by the fund house, aim to redefine the fund’s structure, investment approach, and associated risk levels. Below is an overview of the updates. Revised Scheme Name & Investment Objective The fund’s name will …
Investing in equities can often seem daunting due to the plethora of options and complex jargon involved. However, Exchange-Traded Funds (ETFs) offer a straightforward and efficient way to enter the equity market. ETFs combine the benefits of mutual funds and stocks, providing both diversification and trading flexibility. Equity ETFs, in particular, are designed to invest …
India’s domestic market capitalisation surged 18.4% to $5.18 trillion in 2024, adding $806 billion in value, making it the third-best performer globally among the top 15 major markets. US Leads Global Gains, Big Tech Drives Growth The United States, the world’s largest equity market, saw a remarkable 25.6% increase in market capitalisation, amounting to a …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has introduced a significant update to its insider trading regulations. The recent amendment allows the subscription to non-convertible securities when the trading window is closed. This adjustment aims to provide market participants with greater flexibility while maintaining investor protection mechanisms. Exemptions Under SEBI …
