The Securities and Exchange Board of India (Sebi) has unveiled a comprehensive plan to redesign its settlement process, aiming to reduce costs, increase predictability, and minimise regulatory litigation, with new rules set to make settlements more practical and less discretionary.…
Buying term insurance in your 50s remains advisable for many, but the decision hinges on individual needs, liabilities, and the rising costs of premiums. A personalised approach to coverage duration and sum ensures better financial protection for dependants and assets…
India’s inoperative Employees’ Provident Fund accounts have increased by 84% over three years, with a growing pool of unclaimed retirement savings, prompting government measures to improve claim processes. Inoperative Employees’ Provident Fund accounts in India have risen sharply in recent…
A small group of large mutual fund distributors in India captured 77% of the ₹27,335 crore commissions in 2024-25, highlighting ongoing market concentration amid expanding but uneven investor outreach. India’s mutual fund distribution business generated ₹27,335 crore in commissions in…
As instant payments become the norm, fintech firms are adopting continuous, automated reconciliation systems to improve accuracy, reduce costs, and gain better control over transaction data amidst rising volumes and system complexities. Real-time payment reconciliation is moving from a back-office…
Hyderabad-based Nihar Info Global expands its GoldnSilver.shop platform, integrating bullion trading with digital assets, ETFs, and lending to meet rising investor demand for flexible gold and silver ownership in physical and digital forms. Nihar Info Global is broadening its GoldnSilver.shop…
India’s coal consumption is projected to increase to 1.6 billion tonnes by 2030, as the government considers establishing a domestic coal trading exchange to bolster transparency and energy security amidst ongoing renewable energy expansion. India’s coal demand is expected to…
Despite significant shifts towards services and market liberalisation since 1991, India’s industrial sector remains stagnant, posing challenges for sustainable job creation and high-income ambitions by 2047. India’s economic landscape has been reshaped far more by the 1991 liberalisation drive than…
Despite digitalisation and expanding branches, India’s ATMs are underutilising non-cash features and grappling with economic and logistical issues, prompting calls for better user education and operational reforms. ATMs in India were once sold as a way to reduce pressure on…
The Gujarat High Court has declared that goods and services tax cannot be levied on corporate guarantees issued prior to October 26, 2023, providing relief to affected companies and sparking potential wider legal implications. The Gujarat High Court has ruled…
