Sebi has proposed monthly systematic investment plans (SIPs) for a low ticket size of Rs 250. This aims to promote financial inclusion by subsidising costs for intermediaries. Investors can invest through up to three Rs 250 SIPs across different fund houses. Sebi plans to offer incentives to distributors and execution platforms for driving subscriptions to these small-ticket SIPs.
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Investments in India are set to grow faster than consumption in FY26, driven by government and RBI measures. GDP growth is expected between 6.5-7%, with improving rural consumption and higher government spending bolstering economic activity. Private investments remain stable due to strong corporate order books, while nominal GDP growth could rise to 10-11%.
Employee attrition in private sector banks in India has increased to around 25%, posing significant operational risks, according to the RBI's 2023-24 banking report. The report highlights the need for banks to adopt strategic measures to reduce turnover and ensure effective loan policies, especially concerning gold loans.
Finance minister Nirmala Sitharaman expressed confidence in moderating inflation while emphasizing that the government and RBI are monitoring the price situation. She addressed concerns regarding the fluctuating rupee and defended Budget calculations against criticism. Sitharaman highlighted the measures taken to manage food inflation and assured that the steps taken are realistic despite global economic uncertainties.
US stock markets fell after President Trump announced higher tariffs on Canadian steel and aluminum. The Dow Jones dropped 625 points. Companies like Delta and Southwest Airlines revised their revenue forecasts due to uncertainty. Tesla's stock rose as Trump expressed support for the company. Major tech stocks showed stability despite the market turmoil.
Scientists used the James Webb Space Telescope to study planet formation. They observed the star cluster NGC 346. They found long-lasting planet-forming disks. These disks exist even with few heavy elements. This challenges old theories. Planets may have formed earlier than we thought. This discovery changes our understanding of the early universe.
PB Fintech's Policybazaar is investing Rs 860 crore for a 25% stake in PB Healthcare to develop hospitals with a 1,000-bed capacity. These hospitals aim to offer zero rejection and cashless treatment. The initiative seeks to address the rising healthcare costs and will initially cover the NCR before expanding further.
FIIs were net sellers of Rs 1,27,401 crore in FY2025, but selling eased in March. DIIs bought Rs 6,06,368 crore throughout the year. The change in FII strategy in March contributed to Nifty's gains. SEBI's new threshold for beneficial ownership disclosures and RBI's increased investment cap aim to boost market liquidity.
DGCA fined Air India Rs 30 lakh for allowing a first officer to fly without fulfilling the mandatory recency requirement of three take-offs and landings. The violation occurred on July 7, and multiple alerts were ignored by rostering controllers. Air India has been ordered to take action against three senior rostering officials and inform DGCA within 15 days.
Macrotech Developers filed an IPR suit in the Bombay HC to prevent House of Abhinandan Lodha from using the 'Lodha' trademark in real estate marketing. Macrotech claims it causes confusion and financial loss. Abhinandan Lodha asserts the success and legality of his brand, with a hearing scheduled for Jan 27.
Ultraviolette Automotive has captured significant attention with India's fastest electric motorcycle, the F77, and plans to expand their lineup with three new bikes and a long-range scooter. Valued at $330 million, they've sold around 1,000 units since 2023 and are targeting further growth in 50 cities and overseas.