Insights into BimaSugam: A Comprehensive Review
Background: IRDAI initiated the idea of BimaSugam in 2022 and wanted to materialise in January 2023; however, it has been delayed due to multiple reasons. Public sources and the recent draft regulations revealed the regulator’s intention to establish an online platform for listing and selling insurance policies. The idea of this platform evolved to improve […]
Week ending 23rd March 2024
# 1 Markets Though India Vix continues in a narrow range of 12-14, indicating lower volatility, markets did witness a spike and fall of 500 bps last week on the play of opposing forces between political stability backed by strong economic growth and rich valuations. On Friday, Sensex rose 190 points to close at 72831 […]
Expanding Horizons: The Rise of Private Debt Funds
Looking globally, the private debt market has been booming for the last decade. The private debt market stands at an AUM of $1.3 trillion. as of 2022, up 12% from the previous year. The asset class continues to garner significant investor interest, with private debt fundraising standing at $230 billion. over 2023. The market’s need […]
Week ending 16th March 2024
# 1 Markets Equity market went on tailspin last week with alternate dates of rise and fall reacting to Fed announcements and SEBI actions on small and mid-cap funds complimented by warning statements by SEBI chair. Both Nifty and Sensex shed 454 points on Friday and closed lower at 22023 and 72643 respectively. US Markets […]
Week Ending 9th March 2024
#1 Markets Global investors stretched record-breaking stock rallies on Friday after not-too-hot, not-too-cold US jobs data reinforced the conviction that the Fed will begin easing by mid-year. In a holiday-shortened week, Indian markets consolidated and closed above the 74K mark for the first time. FPIs continue to exit from financial services as the shift was […]
India’s Economic Resilience Shines in Q3 FY24 with Record GDP Growth
India’s economy has once again defied global slowdown with the GDP for the third quarter of the fiscal year 2024 (Q3 FY24) soaring to 8.4%, its highest in the last six quarters. This growth, significantly driven by the manufacturing and construction sectors, signals a robust recovery trajectory and shows the economy’s resilience amid high inflation […]
Week Ending 2nd March 2024
# 1 Markets For most of the week, investors were indecisive about the continuation of the market rally but turned bullish on Friday with Sensex gaining 1245 points and Nifty settling above 22300 on impressive GDP Q3 data release, foreign fund flows. A rally in global markets added to the positive momentum in the markets. […]
Empowering Financial Transparency
There has been a recent announcement on consent-based GST data being brought under the purview of the RBI’s PTPFC. In this note, we present the need for a regulator driven open-architecture platform and its use cases for credit. Much has been discussed about the exemplary UPI architecture – a perfect example of how the regulator […]
Week Ending Feb 24 2024
# 1 Markets: The previous week’s rally on Dalal street continued this week as Nifty hit fresh life highs on a regular basis while Sensex inched closer to that mark despite profit booking. Market cap of Indian companies too hit a new high at Rs. 399.7 lakh cr. on Friday, as FIIs turned net buyers […]
Week ending February 18, 2024
# 1 Markets Indian equity markets continued their upward trend for the fourth consecutive session on Friday with Nifty closing above the 22000 level and Sensex closing at 72426. Dow Jones, Nasdaq and S&P though started the week with weekly gains within reach, ended lower on Friday closing, after another hotter-than-expected inflation reading undermined the […]