Navigating the RBI’s Stance on Gold Loans: A Comprehensive Overview In the landscape of financial compliance and regulation, the Reserve Bank of India’s (RBI) advisory on gold loans holds significant implications. This advisory is rooted in the rapid surge in gold loans, a trend that, while promising, necessitates careful scrutiny. Below, we delve into the critical aspects of this development, shedding light on its impact on businesses and financial institutions alike. Current State of Gold […]

Reconstitution of RBI’s Monetary Policy Committee (MPC): New Members Notified Introduction On October 1, the government reconstituted the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), appointing new members to continue steering India’s monetary policy. Composition of the MPC The Monetary Policy Committee has six members: Internal Members (RBI): Shaktikanta Das, Governor and ex-officio Chairperson Michael Debabrata Patra, Deputy Governor in charge of monetary policy Rajiv Ranjan, Executive Director (or another officer nominated by […]

End of GST-Related Anti-Profiteering Regime and Transition to Free Pricing In a notable shift towards free market pricing, the Central Board of Indirect Taxes and Customs (CBIC) has announced the end of the regulatory regime that prevents businesses from retaining benefits intended for consumers from reductions in Goods and Services Tax (GST) rates. This pivotal change will come into effect in March next year. Key Changes in Anti-Profiteering Regulations Decision and Timeline End Date Announced: […]

Bridging Investment Solutions: SEBI’s Innovative Approach The Securities and Exchange Board of India (SEBI), demonstrating its commitment to evolving India’s financial landscape, has introduced a novel investment product designed to bridge the gap between mutual fund (MF) schemes and portfolio management services (PMS). This move is part of a comprehensive set of decisions aimed at enhancing the resilience and competitiveness of India’s capital markets. Key Features of the New Investment Product SEBI’s new investment product, […]

Investing in India’s Growing Markets: Equities, Fixed Income, and Start-Ups Mumbai: Investing in India offers a diverse range of opportunities across equities, fixed income, and the rapidly expanding start-up ecosystem. According to Stephen Dover, Chief Market Strategist and Head of the Franklin Templeton Institute, the Indian market holds significant potential for superior returns. Opportunities in Fixed Income As inflation volatility eases and fiscal deficit consolidation approaches, India’s interest rates are likely to decline, creating prime […]