An index has been launched by Crisil a ratings agency. This index will act as a prototype for performance of investments of foreign portfolio investors
Entrepreneurs can apply online for Micro Small Medium Enterprise (MSME) loans up to Rs. 2 crore without visiting their respective bank branches.
The Insolvency and Bankruptcy Board of India (IBBI) appears to be in no mood to review amendments made in the bankruptcy code.
Micro, Small and Medium Enterprise (MSME) Expo 2017 second edition, beginning here from December 15, will act as a common platform to connect Government, PSU, MNCs and International Business communities with Indian Micro and Sal and Medium Enterprises and is expected to generate Rs 50 crore business. The expo is being jointly organized by the … Continue reading “MSME expo in December is plausible to generate Rs. 50 cr Business”
The government is planning to set up an expert panel for consultation on matters pertaining to the implementation of the drug price control order, including technicalities involved in pricing and new launches. As per the Department of Pharmaceuticals (DoP), a multi-disciplinary committee of experts will have member secretary of National Pharmaceutical Pricing Authority (NPPA) as its convener. It … Continue reading “Expert Panel to be Planned for Drug pricing and Launches”
Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) planning to expand business outside the Securities and Exchange Board of India (SEBI’s) purview. The exchanges are seeking approval for the same. The proposal has been sent to the SEBI committee, headed by former Reserve Bank of India Deputy Governor. The approval could concrete way for … Continue reading “BSE, NSE Plan to grow Business outside SEBI’s Domain”
Securities and Exchange Board of India (SEBI) vide SEBI/HO/IMD/DF2/CIR/P/2017/125 dated November 30, 2017 issued a circular in order to strengthen the governance structure for mutual funds (MFs) with respect to appointment of Independent Trustee of Mutual Funds and Independent Director of Asset Management in terms of Regulation 16(5) and Regulation 21(1) respectively of SEBI (Mutual Funds) … Continue reading “Tenure of Independent Trustee and Independent Director for Mutual Funds”
India has moved up one place to the 68th spot on the Global Entrepreneurship Index (GEI) of 2018, which is topped by the US. The list was prepared for 137 countries in the world. US topped the index, India is in 68th position in the Global Entrepreneurship Index. Each country is ranked according to its GEI score to … Continue reading “India advances to one spot up on Global Entrepreneurship Index”
A 3-way approach to structural reform in India has been suggested by the International Monetary Fund (IMF). It includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets. The 1st priority here is to address the corporate and banking sector weaknesses. This … Continue reading “3 Structural reforms in India Suggested by IMF”
Aadhaar card number can be made mandatory to buy shares and mutual fund units soon. The government and the Securities and Exchange Board of India (SEBI) are planning to link Aadhaar card to financial market transactions.