In a move to protect investors and promote market integrity, the Securities and Exchange Board of India (SEBI) has announced new regulations for unregistered financial influencers, also known as “finfluencers.” Combating Unregulated Advice The decision comes amid growing concerns about the potential risks posed by influencers who offer financial advice and recommendations without proper oversight. …
The Securities and Exchange Board of India (SEBI) has penalised former senior management of Kwality Ltd for their role in misstating the company’s financial figures between 2017 and 2019. This action underscores SEBI’s commitment to protecting investors and ensuring market integrity. Fines Imposed and Market Access Barred SEBI imposed a total penalty of ₹3.75 crore …
For India, the monsoon is more than just rain; it’s a lifeblood. These seasonal showers are crucial for the country’s agricultural sector, which in turn impacts the entire economy and, you guessed it, the share market. So, this year, with predictions of above-normal rainfall, let’s dive into what that means for both your umbrella and …
The inclusion of Indian bonds in two key global indices – the JPMorgan Global Bond Index for Emerging Markets (GBIEM) and the Bloomberg Emerging Market (EM) Local Currency Government Index – marks a significant milestone for the Indian economy. This move, effective June 28, 2024, for GBIEM and phased in starting January 31, 2025, for …
The Reserve Bank of India’s (RBI) latest Financial Stability Report paints a positive picture of India’s financial landscape, highlighting the stability and strength of the banking system. Key Findings Healthy Asset Quality: Scheduled commercial banks (SCBs) have achieved a multi-year low in gross non-performing assets (GNPAs), reaching 2.8% as of March 2024. This indicates a …
The Securities and Exchange Board of India (SEBI) has announced significant reforms to the voluntary delisting process, offering companies a new fixed price mechanism as an alternative to the existing reverse book building (RBB) model. Fixed Price Option Enhances Transparency Under the new framework, companies seeking to delist their shares can offer a fixed price …
India’s shipping ministry is taking a bold step towards a greener future for inland water transport. Aiding this transition is a proposed ₹15,000 crore viability gap funding (VGF) plan designed to incentivise companies to adopt eco-friendly vessels over the next decade. The Need for Greener Vessels Currently, the inland water transport sector relies heavily on …
India’s infrastructure landscape is witnessing a shakeup with the arrival of the National Bank for Financing Infrastructure and Development (NaBFID). Established in 2021, this young player is making waves by offering competitive rates and challenging the dominance of state-run banks in large project financing. Competitive Rates and Strategic Lending NaBFID’s key advantage lies in its …
On June 25, 2024, the Reserve Bank of India (RBI) released data on India’s external debt. While the headline figure showed a rise in external debt, a closer look reveals a positive trend. External Debt Up, But Ratio to GDP Down India’s external debt reached $663.8 billion at the end of March 2024, reflecting an …
India is set to significantly increase its solar cell manufacturing capacity, a move that aims to curb the nation’s dependency on Chinese imports. The government’s push for self-sufficiency in solar manufacturing is part of a broader strategy to enhance local production and ensure energy security. Boosting Domestic Production India’s solar cell-making capacity is expected to …
