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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.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
Just a week before the end of her rather controversial stint as chairperson of the Securities and Exchange Board of India, Madhabi Puri-Buch launched a fairly small-ticket systematic investment plan in February last year. At Rs 250, Choti SIP was touted as the torchbearer of “sachetization of mutual funds”.
The intention was noble: take the highly useful investment tool to the masses who had missed the mutual funds bus and, in the process, expand the MF market. Any success would also lend a sense of acceptability to Buch’s otherwise contentious tenure as head of the market regulator.
Launched with …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
