OPTIMAL REGULATION IN FINANCE
Gold-loan fintech firms spot a glimmer in RBI’s draft rules
Bengaluru-based Rupeek, Chennai-headquartered Oro Money, Noida’s Indiagold and Manipal Fintech of Gurugram are a few of the major startups operating in this space. Earlier this year Manipal Fintech onboarded Puja Abhishek Singh as its new chief executive officer. Singh joined the company from Paytm, where she was heading business operations.
Trump approval rating: Trump's approval sinks as Americans lose faith in major policies
Trump approval rating has taken a sharp hit as more Americans express frustration with his major policies, according to a new Washington Post-ABC News-Ipsos poll. Just 39% of adults approve of the way Trump is handling his job, down from 45% two months ago. The survey reveals deep concerns about the economy, immigration, and his expansion of presidential power. Many voters believe Trump’s actions are moving the country away from its founding principles. With a growing sense of dissatisfaction even among independents and young voters, Trump faces mounting pressure as he approaches the critical early months of his term.
ETMarkets PMS Talk: We’re not fighting fund managers—we’re fighting under performance’, says Sankarsh Chanda
Sankarsh Chanda, CEO of Savart, discusses how the Ad Astra Fund uses AI to revolutionize fund management. By automating research and overcoming biases, the fund aims for consistent, superior performance. Chanda highlights AI’s potential in transforming investing, addressing both challenges and opportunities in the evolving financial landscape.
Sebi bats for ‘optimal regulation,’ likely to revamp norms
SEBI Chairman Tuhin Kanta Pandey announced a potential regulatory overhaul to ease compliance burdens and modernize norms. SEBI is collaborating with the RBI and government to simplify investment rules for overseas funds and individuals in the Indian stock market, including exploring fungibility between FPI and FDI.
Security, transparency, and innovation: What sets Pi42 apart in crypto trading
Pi42, a new player in India's crypto exchange ecosystem, is focusing on security, regulatory compliance, and seamless trading experiences to address existing industry challenges. Advanced security measures, user-friendly features, and transparent operations are key aspects driving its innovation and appeal to traders.
Capital Infra Trust announces raising Rs 2,363 cr
Infrastructure investment trust Capital Infra Trust has announced raising Rs 2,363 crore through debt securities to strengthen its financial position. Established in September 2023, Capital Infra Trust InvIT is sponsored by Gawar Construction Limited.
Make, and believe in India: FM Sitharaman slams ‘nothing at all’ cynicism on country's growth story
Finance Minister Nirmala Sitharaman urged corporate leaders to invest in India's growth, emphasizing the importance of capital commitment amid global uncertainties. Highlighting the success of startups, she called for collaboration and pragmatism in economic policies while encouraging industry leaders to speak up on investment concerns.
Mumbai-based real estate player Pranav Constructions files DRHP for IPO
Pranav Constructions, a prominent Mumbai-based real estate developer, has filed for an IPO to raise Rs 392 crore, with additional funds to be generated through an offer for sale. The funds will support its redevelopment projects and debt repayment. Centrum Capital Limited and PNB Investment Services Limited are managing the offer.
Ethereum, Solana, and Trump’s big crypto reserve gamble—What investors need to know
President Donald Trump has unveiled the United States Strategic Crypto Reserve, a groundbreaking initiative aimed at integrating digital assets into the nation’s financial infrastructure. The move sparked an immediate crypto market rally, with Bitcoin and Ethereum leading the surge. While details remain unclear, the reserve could redefine global crypto regulation and US financial policy. This shift highlights Trump's evolving stance on cryptocurrency, positioning the US at the forefront of digital finance while raising questions about future regulatory strategies and market stability.
RBI is a firm but fair regulator, has been cautioning about over-leverage for a while: Rajat Deshpande, FinBox
Launched in 2017, the new-age embedded finance platform offers a solution to organisations so that they can add lending (business, personal, bullet loans, and credit line products) opportunities on top of their existing offerings.
Beyond Core Business: India’s next-gen leaders shift focus from factories to family offices
Next-generation family business owners in India are increasingly shifting their focus from traditional businesses to managing family offices and private equity investments. This trend suggests a move towards high-growth opportunities and asset-light businesses, challenging the conventional idea of prioritizing core operating businesses.
Bitcoin Bull ($BTCBULL) presale smashes $2 million - Next meme coin to take off?
Solaxy ($SOLX), Bitcoin Bull ($BTCBULL), and Mind of Pepe ($MIND) are three emerging meme coins showing promise. Solaxy focuses on improving Solana's market with a layer-2 solution, Bitcoin Bull leverages BTC momentum with rewards and burns, and Mind of Pepe merges AI and blockchain to analyze social media trends and provide holders exclusive insights.
Banking Regulation (Amendment) Bill introduced in Lok Sabha
Opposition members, including Shashi Tharoor of the Congress and Saugata Roy of the Trinamool Congress, opposed the bill, accusing the Centre of encroaching on the rights of states.
Time for a relook at regulation governing NBFCs, says RBI Guv
The central bank is monitoring the activity and performance of the NBFC sector .
Need to relook at regulation and supervision of NBFCs: RBI Governor
The regulator was working towards an optimal level of regulatory controls so that the NBFC sector remains remains resilient, he said.
India slips to 7th position in business optimism ranking
India tops the chart in citing regulations and red tape and lack of ICT infrastructure as the biggest growth constraints with 69% and 46% voting for it respectively.
UBS AG renews financial services contract with HCL Tech
Rahul Singh, president and global head – financial services, HCL Technologies, said that the financial services industry is amongst the most heavily regulated in the world.
Indian business optimism at its highest since 2010: Report
Indian business optimism climbed to its highest since 2010, as a significant majority expects revenues to rise and profitability to get a boost.
CFOs optimistic about economy, worried over inflation:Deloitte
A majority of senior fin execs are optimistic about the Indian economy, but consider inflation, political direction of reforms as key areas of concern.
Load More
