Capital markets regulator SEBI has brought in amendments to the regulations that govern alternative investment funds (AIFs), according to reports. According to the amended rules, co-investment is facilitated by way of portfolio management. As per SEBI’s notification, co-investment by AIF investors would be made available via a portfolio manager handling the said co-investments. What does an AIF …
Shaktikanta Das, the RBI Governor, expressed his view on the statistical numbers quoted by cryptocurrency exchanges in their ads regarding the number of Indians investing in cryptocurrency and the volumes of investment. The cryptocurrency exchanges quoted that more than ten million Indians are participating in cryptocurrency trading and investing as of today. According to the …
An Overview On Friday, Prime Minister Narendra Modi will unveil two RBI programmes that have the potential to drastically transform how the domestic sector spends and reacts when something goes wrong with their savings. The Prime Minister will virtually launch these RBI schemes—”retail direct” and an “integrated ombudsman scheme”—at 11 a.m., in the presence of …
Capital markets regulator SEBI is mulling the idea of allowing foreign portfolio investors (FPIs) to enter the exchange-traded commodity derivatives market even as its advisory committee may take up the subject for discussion in its next meeting, scheduled for November 15. The commodity derivatives advisory committee (CDAC) is a body that is mandated by SEBI to suggest …
Due to the new margin rules, the trading community and brokerage houses are facing uncertainties regarding how much money they need to bring in and how much money the exchanges should be paid. As per the new rule, brokers need to take four snapshots of margin during the session at random times and based on …
Recently the Reserve Bank of India has allowed overseas investments in the debt instruments of REITs and InvITs. The regulations concerning foreign investment in these trusts were amended suitably to accommodate the changes. The intention of allowing FII money into these trusts was announced earlier this year during the Budget of 2021-22. The amendments were …
An Overview Foreign portfolio investors (FPIs) were allowed to write off all debt securities that they were unable to sell on Monday by market regulator SEBI. The Securities and Exchange Board of India (SEBI) stated in a circular that this will only apply to FPIs who choose to renounce their registration. “In response to multiple …
The BSE benchmark indices Sensex and Nifty gained 0.80 and 0.85 per cent respectively at close on Monday, after trading resumed following the Diwali weekend. While the Sensex gained 478 points to close at 60,545.6, the Nifty gained over 151 points closed at 18,068.55 on November 8. Speaking about the sectoral indices, many of them …
Eight out of the top ten valued companies added more than Rs 1.18 lakh crore collectively to their market cap, even as the BSE Sensex gained 1.28 per cent in the last week, when the special one-hour Muhurat trading on November 4 to mark Diwali and the new trading year Samvat 2078. The NSE Nifty …
An Overview The Reserve Bank of India announced on Friday that India’s forex reserves climbed by USD 1.919 billion to USD 641 billion for the week ended October 29 due to robust growth in currency assets and gold value. At the end of the preceding reporting week, total reserves had dropped by USD 908 million …
