Anjali Kumari &Amp;Amp; Khushboo Tiwari

Stories by Anjali Kumari &Amp;Amp; Khushboo Tiwari

SIP Investors Hit by Market Selloff

SIP Investors Hit by Market Selloff

Rediff.com   21 Feb 2025

In January, SIP account closures surpassed new registrations for the first time.

Equity MFs Gain Despite Selloff

Equity MFs Gain Despite Selloff

Rediff.com   13 Feb 2025

Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.

Apollo Hospitals to expand presence in metros with five new hospitals

Apollo Hospitals to expand presence in metros with five new hospitals

Rediff.com   12 Feb 2025

Apollo Hospitals Enterprise is set to expand presence in metro cities during FY26 with the addition of five hospitals that would add over 1,400 beds.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com   5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

Rupee REER declines in Dec after Nov peak

Rupee REER declines in Dec after Nov peak

Rediff.com   20 Jan 2025

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.

Sebi bars Pacheli, 6 others in Rs 850 crore preferential allotment case

Sebi bars Pacheli, 6 others in Rs 850 crore preferential allotment case

Rediff.com   17 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.

RBI to conduct daily variable rate repo auctions to infuse liquidity

RBI to conduct daily variable rate repo auctions to infuse liquidity

Rediff.com   16 Jan 2025

In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions, aimed at easing the current liquidity tightness in the banking system, will begin on Friday, with a notified amount of Rs 50,000 crore.

Impact of Trump's presidency to be short-lived on Indian rupee: SBI

Impact of Trump's presidency to be short-lived on Indian rupee: SBI

Rediff.com   15 Jan 2025

The Indian rupee may experience some volatility in the early days of Donald Trump's presidency, but it is likely to stabilise soon after, a report by the State Bank of India (SBI) said on Tuesday, terming this short term phenomenon as "Trump Tantrum".

Why Is RBI Gov Meeting Top Bankers?

Why Is RBI Gov Meeting Top Bankers?

Rediff.com   13 Jan 2025

'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'

Ketan Parekh among 3 banned from securities markets

Ketan Parekh among 3 banned from securities markets

Rediff.com   3 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com   31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Rediff.com   27 Dec 2024

The derivatives trading volume has seen a 37 per cent month-on-month decline in December following a slew of measures undertaken by the market regulator Securities Exchange Board of India (Sebi) to curb the frenzy in the derivatives segment. The average daily turnover (ADTV) for the derivatives segment (notional turnover for options segment) so far this month is at Rs 280 trillion - the lowest since June 2023-compared to Rs 442 trillion in November.

Stocks Crash: Worst Week in Years

Stocks Crash: Worst Week in Years

Rediff.com   21 Dec 2024

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.

A fifth of AIF investments questionable in terms of intent: Sebi official

A fifth of AIF investments questionable in terms of intent: Sebi official

Rediff.com   18 Dec 2024

Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds (AIFs) are questionable in terms of the intent behind the investments and are under the scanner for circumvention of regulations, said Ananth Narayan, whole-time member of Securities and Exchange Board of India (Sebi). AIFs are pooled investment vehicles that invest in a variety of assets including real estate, startups, unlisted companies, and derivative strategies in the listed space.

'All Algo Orders Shall Be Tagged'

'All Algo Orders Shall Be Tagged'

Rediff.com   14 Dec 2024

'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

Rediff.com   5 Dec 2024

While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. The net liquidity surplus of the banking system rose to touch Rs 1 trillion on Tuesday on the back of government spending, according to the data released by the Reserve Bank of India.

RBI rate cut in Dec? Unlikely, say experts

RBI rate cut in Dec? Unlikely, say experts

Rediff.com   2 Dec 2024

Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts. "Consumer Price Index (CPI) inflation breaching the upper limit of the RBI's tolerance band in October (6.2 per cent year-on-year) is not a favourable backdrop for the MPC to commence the easing cycle, even as the growth outcome disappointed the MPC's expectations," said Shreya Sodhani, regional economist at Barclays, who expects the policy repo rate to be kept unchanged in the December meeting.

Why SME players are a worried lot today

Why SME players are a worried lot today

Rediff.com   28 Nov 2024

Of the total 199 small and medium enterprises (SMEs) listed this year so far, 22 had an issue size of less than Rs 10 crore, which the Securities and Exchange Board of India (Sebi) will no longer allow in the listed ecosystem after its recent consultation paper. The market regulator on Tuesday proposed an overhaul of the rules governing the initial public offerings (IPOs) of SMEs and corporate governance norms for listed SMEs, following concerns over 'systemic risk' seen in the ecosystem with instances of fund diversion and price manipulation.

AIFs gain currency as fundraise tops Rs 5 trn

AIFs gain currency as fundraise tops Rs 5 trn

Rediff.com   27 Nov 2024

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).

Banks eye Rs 1 trn via infra bond issuances in FY25

Banks eye Rs 1 trn via infra bond issuances in FY25

Rediff.com   27 Nov 2024

Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.