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Money managed by Indian funds makes up about 16% of the size of the South Asian economy, with the proportion having doubled in the last 10 years, Amarjeet Singh, a whole-time member of the Securities and Exchange Board of India — the markets regulator — said at a conference in Mumbai last month.
Infrastructure and real estate projects around the Ram temple in Ayodhya have picked up pace
“The talk is that since KYC compliance is done by one financial entity, you do not need to go through it time and again. This could be another game changer because for Rs 250 SIP, if you have a bank account, then you do not need to do your KYC. Just provide your bank account and you are good to go. So, getting started becomes easy. I think it is badly needed.”
BOTW this week includes the Maldives president skipping India for his first foreign visit, increasing penalties levied on lenders by the RBI, the battle to control Religare and the passing of Charlie Munger.
NPS Chintan Shivir was recently organized by PFRDA and NPS Trust. The event was attended by the Secretary DFS, Chairman PFRDA, Additional Secretary DFS, Chairman NPS Trust, Joint Secretary DFS, Whole Time Members PFRDA, CEO NPS Trust, other sen