The RBI’s crackdown on bearish rupee positions may be followed by additional measures, including tighter limits on banks’ positions and further curbs in the offshore currency market, according to Barclays.
The move follows a Supreme Court ruling in January which ordered New York-based Tiger Global to pay capital gains on a 2018 sale of shares in e-commerce company Flipkart.
India must create a modern resolution regime for financial institutions—one that provides clarity on creditor hierarchies, transparency in decision-making and legal certainty.
Govt has not had to recapitalise PSBs since FY22. These banks, now highly profitable, are now increasingly meeting their capital requirements from their own resources.
A robust investing platform and demat account provide you better control over your investment portfolio. However, It's important to consider hidden expenses and feature restrictions.
Tax analysts and mutual fund industry participants say this will hamper growth of bond market, and potentially curtail avenues for fund-raising by companies.
The government will incentivise civic bodies to improve their finances & set up an Urban Infrastructure Development Fund to create urban infrastructure in tier-II & tier-III cities.
The bonds will likely be included in the JP Morgan emerging market global index early next year as the centre needs to address various operational issues, sources said.
Political satire is indispensable to democracy, racial caricature isn’t. If Europe’s liberal press still cannot tell difference, then decolonisation never happened in their imagination.
PM-EAC paper says overhaul of Investor Education and Protection Fund Authority system sharply improved processing speed and reduced paperwork for investors.
While India yet to set in motion theaterisation of armed forces, China's military reforms combined China’s Army, Navy, Air Force and Rocket Force aimed at regional dominance & tight political control.
Pakistan has ended up losing every war against India but that hasn’t prevented it from claiming victory. We will go over the evidence to anticipate what to expect next.
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