The Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions be completely shielded from them. Officials argued that allowing exposure could legitimize speculative products with no economic benefit and pose…
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According to the latest Moody’s Ratings report, India’s private credit market has doubled in size over the past five years to around $25 billion in assets under management (AUM) and is poised for sustained expansion as rising corporate funding needs…
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India’s private equity and venture capital sector is pushing for a crucial structural change to attract more foreign investment. The industry advocates for converting Alternative Investment Funds (AIFs) from trusts to Limited Liability Partnerships (LLPs), a globally recognized and preferred…
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Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.8% each. This rally was fueled by a calmer Middle East situation and reduced expectations of further US Federal Reserve rate hikes. IT stocks led the charge, while…
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As GST enters its tenth year, perhaps the debate should move beyond tax rates and revenue collections. The larger question is whether the system has matured enough to minimise disputes before they arise. A successful tax regime is not merely…
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Functional & Innovative Foods has filed its DRHP with Sebi for an IPO comprising a fresh issue of 60 lakh shares and an offer for sale of 25 lakh shares. The company plans to use the proceeds for capacity expansion,…
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