Indigo Ventures Receives SEBI Approval for Venture Capital Fund Major Milestone in Innovation IndiGo, India’s largest airline, announced that SEBI has approved its corporate venture capital arm, IndiGo Ventures, to launch an Alternative Investment Fund (AIF). This approval marks a significant step in fostering innovation within the aviation sector and beyond. Focus Areas for Investments IndiGo Ventures aims to support: Early-stage startups: Pre-Series A, Series A, and Series B rounds Innovative technologies and solutions in […]

Growing AI Use: The Dual Edges of Innovation and Financial Stability Risks In the rapidly evolving technological landscape, the integration of artificial intelligence (AI) within the financial sector offers both unprecedented opportunities and notable challenges. As Governor Shaktikanta Das of the Reserve Bank of India (RBI) highlighted in his recent address, the increasing dependence on AI signifies potential vulnerabilities, specifically regarding cyberattacks and data breaches that could undermine financial stability at a national and global […]

Is it Goodbye Gold, Hello Bitcoin? Exploring Alternatives in Investment In the world of investments, diversification is key. Relying solely on one asset can pose risks, which is why the age-old wisdom suggests spreading investments across a range of assets, often referred to as “Plan B.” Diversification and Safe Havens Safe Havens in Portfolios: Safe haven assets are crucial in a diversified portfolio. They protect capital during market turbulence and have the potential to generate […]

RBI Needs Scenario Planning Amid Emerging External Risks Current State of India’s Foreign Exchange Reserves As of October 4, India held $701.2 billion in foreign exchange reserves. This is a slight decrease from late September, attributed to the Reserve Bank of India (RBI) selling dollars to stabilize the rupee. Nevertheless, it represents an increase of nearly $54.8 billion from the start of the 2024-25 fiscal year. Key Points: Foreign Exchange Reserves: $701.2 billion as of […]

Relief for Stockbrokers as Insolvency Restrictions Clarified An important ruling by the insolvency court has clarified that stockbrokers are not subject to the Insolvency and Bankruptcy Code (IBC), providing significant relief to the industry. While this decision shields brokers from the direct impacts of insolvency proceedings, they remain accountable as creditors may still approach the market regulator for redress.   Key Ruling Details       Insolvency Court Decision The Hyderabad bench of the National […]