Recently the IBBI has brought out a Discussion Paper (November 1, 2023) on the proposed changes in the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Process) Regulations, 2016 (CIRP Regulations). CIRP is guided by principles of transparency, maximization of value, and fair treatment of all stakeholders involved. The idea is to […]
Continue ReadingIn a recent statement, the Reserve Bank of India (RBI) Governor has reaffirmed the central bank’s stance on banning crypto assets even as there seems to be a global trend emerging towards bringing them under the realm of regulations. A cryptocurrency is a digital currency, created by using encryption algorithms to be used both as […]
Continue ReadingGlobal warming poses severe threats to the planet and human livelihoods The current year 2023 is projected to be recorded as the warmest year on record. Many countries have set climate goals like reducing greenhouse gas emissions to net zero level by the year 2050 and have taken a wide range of policy actions as […]
Continue ReadingJP Morgan Chase has finally decided to include Indian Bonds issued by the Reserve Bank of India in its Emerging Market Bond Index with effect from June 28, 2024. Moreover, India is expected to be assigned up to 10 per cent weight in this Emerging Market global index and all this is no small an […]
Continue ReadingThe estimates of Gross Domestic Product (GDP) for the first quarter of the current financial year (April-June of 2023-24) were released recently by the National Statistical Office (NSO). The economy’s real GDP (at 2011-12 Prices) is estimated to have reached at ₹ 40.37 lakh crore in Q1 2023-24 as against ₹ 37.44 lakh crore in […]
Continue ReadingRecently, SEBI vide its circular no SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, , has amended the SEBI (Alternative Dispute Resolution Mechanism) Regulations, 2023, in order to strengthen the existing dispute resolution mechanism in the Indian securities market through Stock Exchanges and Depositories (collectively referred to as Market Infrastructure Institutions or MIIs presently excluding Clearing Corporations and […]
Continue ReadingThe US economy has presented a lot of surprises in the recent times. On one hand, we read a lot of positive news about the US economy while on the other hand, there are negative news about its health. It is interesting to note that the economics is no more giving absolute answers or indications […]
Continue ReadingIndia is emerging as a global power due to its unique focus on 5Ts– Tourism, Trade, Talent, Tradition and Technology. A combination of diverse opportunities in this culturally advanced, historically significant, a fast digitalizing nation having a relatively young / skilled population and a huge customer base is adding to its brand globally. Indian Economy […]
Continue ReadingThe Central Government has recently approved the “Carbon Credit Trading Scheme” for the Indian Carbon Market (ICM) through a gazette notification on June 30, 2023. The Scheme aims to help India achieve the Nationally Determined Contributions (NDC) goal of reducing Emissions Intensity of the GDP by 45 percent by 2030 against 2005 levels. The scheme […]
Continue ReadingRecently, the Securities and Exchange Board of India (SEBI) has amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 vide its notification No. SEBI/LAD-NRO/GN/2023/131 dated June 14, 2023 which will become applicable on the 30th day from the date of publication in the Official Gazette unless stated otherwise. New definition of Mainstream Media inserted in […]
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