The Buzz
Market regulator Sebi did well to promptly address concerns around its
earlier circular that barred NRIs and Persons of Indian Origin from
being Beneficial Owners (BO) in FPI funds investing in India. RBI Gets Tough
The Reserve Bank of India nod to appointing Amitabh Chaudhary as the
next MD and CEO of Axis Bank, after Shikha Sharma had to opt for a hasty
exit, comes with a clear underlying message. Transparency Needed
The Competition Commission's investigation wing has been asked to examine the pricing pattern of some super speciality hospitals Makeover for Regulator
India's apex drugs regulator, the Central Drugs Standard Control
Organization (CDSCO) is all set for a makeover with a new name and logo. Farmer First
The BJP's national executive has passed an agriculture resolution that
hails the Narendra Modi government's efforts to double farmers' income. Need to Avoid Panic
After the rupee plunged to new lows against the dollar, having
depreciated to close to 73, the government has finally acted by
announcing a slew of measures to prop up the currency. Lifeasy: Services at Doorstep
The Delhi-NCR-based start-up has an end-to-end business model to offer on-demand services to homes and corporates. Connect, Collaborate and Communicate
The industry is excited about blockchain technology but understands that it will need a lot more p2P consensus to make it feasible. Knee-Jerk Reaction
The government has made a slew of announcements -- including removal of
limits on foreign portfolio investor (FPI) exposure to corporate bonds
and curbs on import of non-essentials goods -- to check depreciation of
rupee and ballooning current account deficit (CAD). Economic Cost Matters
Almost two years after the last Bharat Bandh, educational institutes,
transport services, and stores were shut in large parts of India as
Opposition parties protested the continued rise in fuel - diesel and
petrol - prices. Litmus Test
The chances of missing the fiscal deficit target of 3.3 per cent are
growing and the first quarter target is already 70 per cent. Future Uncertain
World economy is still precariously poised, thanks to the tariff war. With Bells On
The Musical.ly app, now TikTok, has hit the right notes but to monetise the user base, it must have more targeting options for companies and brands.