File photo: Sebi chairman Tuhin Kanta Pandey (Picture credit: PTI) MUMBAI: New vectors of risk are emerging in India’s securities market as capital market participants increasingly rely on third-party service providers and cloud-based platforms, Tuhin Kanta Pandey, chairman of Sebi, said at the Global Fintech Fest 2025 on Wednesday. “Sometimes these risks extend beyond traditional…
Tata Trusts’ infighting and internal discord has prompted the Centre to step in with Home minister Amit Shah and Finance Minister Nirmala Sitharaman meeting top Tata Group leaders in Delhi on Tuesday.According to an ET report, in the meeting which lasted around 45 minutes, the message from the government was clear: stability needs to be…
Wall Street stocks showed modest gains on Wednesday, with the S&P 500 inching 0.1% higher near its record high, while the Dow Jones fell slightly by 20 points and the Nasdaq rose 0.3%. Investors remain cautious following the US government shutdown, which delayed major economic data releases, including the monthly jobs report, AP reported.Technology and…
IMF, Managing Director Kristalina Georgieva (Photo-AP) The global economy is proving more resilient than expected despite major shocks such as President Donald Trump’s sweeping tariffs, but International Monetary Fund Managing Director Kristalina Georgieva has warned that this strength may not last.“Buckle up,” Georgieva said during a speech at the Milken Institute on Wednesday, AP reported….
Tata Motors’ shares fell 6.8% over the past four sessions to touch Rs 689.3 on the BSE on Wednesday, slipping below the Rs 700 mark as investors awaited the record date for the company’s upcoming demerger. The decline comes amid market anticipation of the separation of its commercial and passenger vehicle businesses, alongside the phased…
File photo: Chairman C S Setty MUMBAI: The country’s largest lender SBI is engaging with regulators to simplify its ‘know your customer’ (KYC) process, chairman C S Setty said, underlining the bank’s efforts to improve access and quality of financial services. “Simplifying KYC and re-KYC processes is critical for both customers and banks. We are…
PM Modi with communications minister Jyotiraditya Scindia, his deputy Chandra Sekhar Pemmasani, chairman of Reliance Jio Infocomm Akash Ambani, and Bharti Group chairman Sunil Bharti Mittal at the inauguration of the India Mobile Congress NEW DELHI: Prime Minister Narendra Modi on Wednesday made a pitch to boost investments in manufacturing in the country, saying, it…
BENGALURU: Infosys chairman Nandan Nilekani said India’s “Finternet” initiative, which is a digital infrastructure framework that integrates tokenisation, AI, and regulated finance, is set to expand across 20 ecosystems in four continents and see live implementations by 2026.Speaking at the Global Fintech Fest (GFF) 2025 in Mumbai, Nilekani described Finternet as India’s vision to build…
RBI Governor Sanjay Malhotra (Photo-PTI) Reserve Bank of India Governor Sanjay Malhotra on Wednesday urged the country’s fast-growing fintech ecosystem to prioritise financial inclusion and build products for the underserved, instead of focusing only on the privileged segments that promise higher profits.Speaking at the Global Fintech Fest, Malhotra acknowledged that catering to affluent consumers can…
India’s physically backed gold exchange-traded funds (ETFs) recorded their biggest-ever monthly inflow in September, pushing total assets under management to a record $10 billion, according to World Gold Council (WGC) data cited by Reuters. The surge came as investors turned to gold amid weak stock market returns and persistent geopolitical uncertainty.Gold ETFs saw inflows of…
