AIBI’s 9 Initiatives: A New Dawn for Investors and Merchant Bankers in India
The Association of Investment Bankers of India (AIBI) has unveiled nine game-changing initiatives to boost investor awareness, merchant banker’s capacity building and ease of capital formation in India. The initiatives were launched at AIBI’s Annual Convention 2023-24, which was centered on the theme ‘Ease of Capital Formation’ in India. The convention was attended by Ms. […]
Red Sea Turmoil Triggers 20-25% Hike in Marine Insurance
The Red Sea crisis has triggered a 20-25% hike in marine insurance premiums, as shipping companies face increased risks of attacks by Houthi rebels in Yemen. The conflict has also disrupted global trade, forcing some vessels to reroute around Africa and adding to inflationary pressures. What is the Red Sea crisis? The Red Sea is […]
Ayodhya Ram Mandir: An Economic Catalyst for Infrastructure and Stocks
The Ram Mandir in Ayodhya, Uttar Pradesh, is not only a symbol of faith and devotion for millions of Hindus, but also a potential driver of economic growth and development in India. The temple, which was inaugurated by Prime Minister Narendra Modi on January 22, 2024, is expected to attract millions of pilgrims and tourists […]
Ayodhya: Emerging as India’s Top Tourist Attraction
Ayodhya, the birthplace of Lord Ram and the site of the newly inaugurated Ram temple, is poised to become one of India’s top tourist attractions. According to a report by Jefferies, the town could attract up to 50 million domestic and international visitors annually, generating revenues of $10 billion for the local economy . The […]
National Farmers Society, IndiaAI, Wadhwani MoU for AI in Agriculture
The agricultural sector in India is undergoing a major transformation with the advent of artificial intelligence (AI). AI is a branch of computer science that enables machines to perform tasks that normally require human intelligence, such as learning, reasoning, and decision-making. AI has the potential to revolutionize various aspects of agriculture, such as crop monitoring, […]
GQG Boosts Its Stake in Adani Stocks During December Quarter
GQG Partners, a U.S.-based investment firm, has increased its stake in seven Adani Group companies in the December quarter, according to stock exchange data. The firm, led by Rajiv Jain, is betting on the execution ability of the Adani Group in its core infrastructure sector. Adani Ports and Special Economic Zone (APSEZ) GQG Partners hiked […]
FY24: Data Reveals 141K+ Firms Incorporated
141,000 Companies Incorporated India has witnessed a remarkable growth in business registrations in the current financial year, with over 141,000 companies incorporated till January 10, 2024. This is the highest ever tally of firms registered under the Ministry of Corporate Affairs (MCA) and reflects the resilience and dynamism of the Indian economy. Reasons for the […]
NPS Ditching States: Employee Corpus Continues Earning Returns
The National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme that offers a range of investment options to its subscribers. The scheme is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and aims to provide financial security to the citizens of India in their old age. However, some of the […]
SEBI’s Stricter Norms for AIFs: Safeguarding Fund Structures
The Securities and Exchange Board of India (SEBI) is the regulator of the capital markets in India. It is responsible for protecting the interests of investors and promoting the development and regulation of the securities market. One of the segments of the securities market that SEBI regulates is the Alternative Investment Funds (AIFs). What are […]
SEBI Chairperson Unveils CDSL’s Multi-Lingual Business Tools for Investors
In a bid to promote inclusivity and accessibility in the capital market, SEBI Chairperson Madhabi Puri Buch launched two multi-lingual initiatives of Central Depository Services Ltd (CDSL) at its silver jubilee function on January 17, 2024. Multi-Lingual CAS: A Step Towards Investor Empowerment The first initiative is the Multi-Lingual Consolidated Account Statement (CAS), which allows […]