Analysis of Weekly Economic Indicators GST Collection Trends: A Slowdown Observed The GST collections in June displayed a growth of 7.7% at ₹1.74 trillion. Notably, this growth rate is the most subdued since June 2021. Recent months have witnessed a modest performance compared to the 11.7% average growth registered in the previous financial year. Startup Funding Dynamics: The Silver Lining Amidst the Cold Startups experienced a robust financial inflow in June, with $1.6 billion injected by […]

RBI Empowers Resident Indians with Foreign Currency Accounts in GIFT City In a significant development aimed at propelling India onto the global financial stage, the Reserve Bank of India (RBI) has unveiled a pivotal initiative. RBI allows resident Indians to open foreign currency accounts in GIFT City, a move set to revolutionize the financial landscape for Indians. This policy is a testament to the RBI’s commitment to expanding the horizons of Indian residents by facilitating […]

Financial Education Versus Advising: SEBI’s Regulatory Stance Introduction In the ever-evolving landscape of financial regulation, the Securities and Exchange Board of India (SEBI) has enacted measures that delineate a stark distinction between financial education and advising. This development has significant implications for financial influencers and educators, as well as the businesses and young individuals they engage with. SEBI’s Position on Financial Communication Identifying the Line SEBI Chairperson, Madhabi Puri Buch, has highlighted a critical boundary: […]

SEBI Enhances Vigilance on Mutual Funds and Brokers In the earnest pursuit of market integrity, the Securities and Exchange Board of India (SEBI) has recently intensified its supervisory efforts. As professionals dedicated to navigating the intricate financial landscape, Estabizz Fintech brings you a comprehensive overview of these developments and their implications for the financial sector. SEBI’s Strategic Inspections Reports have emerged that SEBI is proactively conducting surprise inspections on premier mutual funds, carefully scrutinizing digital […]

SEBI’s New Mandate: Shifting Landscapes for Discount Brokers In the context of financial markets, the recent directive by the Securities and Exchange Board of India (SEBI) represents a pivotal shift in the operational framework for discount brokers, potentially impacting the zero-brokerage models that have been fundamental to their business strategies.   SEBI’s Understanding the Circular’s Implications SEBI has mandated a consistent fee structure for market infrastructure institutions, decoupling charges from trading volume. To elucidate this […]