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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
There’s little that stands out about the BSE Saatvik 100 and the Nifty500 Ahimsa.
Ethical investing seems to be the flavour of the season. India’s top two bourses recently launched some value-based offerings, just a couple of weeks apart. First came the BSE Saatvik 100; the index launched last month tracks firms that align with “sattvik” principles, signifying purity, virtue and truth. Earlier this month, India’s largest bourse, the National Stock Exchange, unveiled the Nifty500 Ahimsa to monitor stocks based on the principle of ahimsa, or non-violence.
The intention seems noble, at least on paper; few can find fault with the idea of marrying money and morals. But the success of any index—thematic or …
IRDAI wants to fix a model where distributors chasing high commissions push unsuitable policies, hurting customers. The regulator should brace for a major industry pushback.
