The stock exchanges NSE and BSE have asked the brokers to follow the RBI notification of 5 January 2024 on hedging of foreign exchange risk, this restricts the use of ETCDs (Exchange Traded Currency Derivatives), the circular says no new positions would be allowed from 3 April 2024 but square-offs are allowed but from 5 …
In a bid to bolster investor confidence and streamline grievance resolution processes, the Securities and Exchange Board of India (SEBI) unveiled the latest iteration of its Complaint Redress System, dubbed SCORES 2.0. This revamped platform aims to fortify the mechanism for addressing complaints within the securities market, introducing several enhancements to expedite the resolution process. …
As we conclude FY24, the bullish momentum in the Indian equity market has rewarded investors handsomely. Notably, both Indian and foreign investors have reaped significant profits. Today, marking the first trading day of FY25, the Indian markets continued the upward trend of FY24, reaching new all-time highs. The Nifty 50 Index surged to a historic …
In FY24, FPIs that is Foreign Portfolio Investors injected a total of Rs 3.39 lakh crore into the Indian Market. Over the past twelve months, FPIs were net buyers in nine months, with the remaining three months showing a net seller position. This trend is consistent in the equity segment, mirroring the overall capital flow …
Alternative Investment Funds (AIFs) have witnessed a historic milestone as investment commitments surpass Rs 10.84 lakh crores for the first time, indicating a growing appetite among affluent investors for higher returns. This article explores the factors driving this surge in investments and the regulatory landscape influencing the AIF industry. Record-Breaking Investment Commitments As of December …
Setting the Stage: IEW 2024 in Goa In a significant stride towards shaping India’s energy future, the inaugural edition of the International Conference of Petroleum and Natural Gas Regulators was held under the auspices of the Petroleum and Natural Gas Regulatory Board (PNGRB) from 5th to 8th February 2024, coinciding with the India Energy Week …
Empowering Defense Procurement through GeM In a historic feat, the Ministry of Defence (MoD) has shattered records by surpassing the Rs 1 Lakh Crore mark in total order value transacted through the Government e-Marketplace (GeM) portal. This monumental achievement, also known as Gross Merchandise Value (GMV), underscores MoD’s unwavering commitment to optimizing public spending in …
In India’s economy, the role of public sector entities, particularly central public-sector entities (CPSEs), is paramount. These entities have been pivotal in driving capital expenditure (capex) and fostering economic growth. Let’s delve into the latest figures and trends shaping this crucial aspect of India’s economic development. CPSEs: Driving Capital Expenditure From April to January of …
Enhancing Transparency in Lending Practices The Reserve Bank of India (RBI) has recently taken a significant step towards enhancing transparency in the lending process by instructing lenders to integrate loan processing fees and documentation charges into actual interest rates. This move, emphasized by RBI Governor Shaktikanta Das, aims to provide borrowers with a clearer understanding …
In a groundbreaking development reported by Bloomberg, India is on the verge of finalising a historic trade deal with the European Free Trade Association (EFTA). This deal could potentially bring in a staggering investment of $100 billion over 15 years, marking a significant milestone in India’s economic relations with the European bloc. A Landmark Trade …
