De-dollarisation predicts the fall of the hegemony of the US, but no alternative currency currently exists. There are some keywords that are periodically tossed around to indicate a looming crisis. De-dollarisation is the latest one that predicts the crumbling of the United States (US) global hegemony as the world moves on from the dollar....
There are no easy steps in regulating the space. It will need to be a mix of regulatory outreach to regulated entities and investors going beyond fear and greed When finance minister (FM) Nirmala Sitharaman took note of finfluencers in India, saying that many of them are misleading people, the issue festering under the...
Instead of reviewing the National Pension System, train government employees to understand finance, markets and how to plan for their retirements On April 6, the Union government set up a committee to review the pension system for government employees to look into the issue of pensions under the National Pension System (NPS)… “and evolve an...
There is an uproar in the Indian investing community over the collapsing of the long- and short-term tax status of debt funds, removing the indexation benefit from financial year 2023-24 and the manner in which it was pushed through. There is an uproar in the Indian investing community over the collapsing of the long-...
Silicon Valley Bank failure is a text-book case of an asset liability mismatch. It’s roots are in poor risk management practices that zero interest rate decade in the US triggered. Like an episode of a fast-paced crime thriller, the story of the 16th largest bank of America, Silicon Valley Bank (SVB), moved from a...
Investors need protection from fraud, toxic products and mis-selling. Not from volatility. The Supreme Court may consider widening the terms of the panel on investor protection The Supreme Court (SC) has advised the government to set up a committee to review the current investor protection regime in light of the recent crash in the...
The finance minister has done well to stick to the path of fiscal consolidation, but whether people will move to new default tax regime will depend on some factors It has been clear for some time that the 2023-24 Union Budget was not going to be a pre-election exercise. The fiscal consolidation that was...
With the global crypto industry in a state of total disarray, the collapse of crypto giant, FTX, points to the grim future of an industry premised on decentralisation, albeit with no underlying asset to safeguard its value. The implosion on November 10 of one of the largest crypto exchanges in the world, FTX, valued...
A recent Sebi decision to scrap Brickwork Ratings’ licence has sent a strong message. Now, courts must consider carefully the issue of investor protection as many funds rely on rating agencies to deploy the household savings of citizens. The market regulator, Sebi, cancelled the licence of Brickwork Ratings because of poor stability in ratings, failure...
SEBI has reconstituted its advisory committee on Investor Protection and Education Fund (IPEF) and appointed Monika Halan as the Chairperson. Monika is noted author, writer, speaker and professor, NISM. The 8-member committee comprises two members from the MF industry – A Balasubramanian, MD and CEO, Aditya Birla Sun Life AMC and Mrin Agarwal, Founder, Finsafe...