1766307245 unnamed file.jpg

Investor onboarding loses pace: Fresh equity registrations fall 11% in November; total base stands at 12.3 crore

India’s equity markets saw investors joining at a slower pace in November, just 13.2 lakh investors were added during the month during the month. This was a 11.6% dip from October, as the growth was dragged down by uncertainty in global markets continued to temper risk appetite, data released by the National Stock Exchange (NSE)…

Read More
1765819642 unnamed file.jpg

Fake GST crackdown: 489 forged PAN–Aadhaar registrations detected till Oct; Rs 3,000 crore evasion flagged

A fresh sweep against tax fraud has uncovered 489 bogus GST registrations in just six months, with forged PAN and Aadhaar details used to evade over Rs 3,000 crore in taxes, the government told Parliament on Monday, signalling a sharper focus on data-led enforcement, according to PTI.The latest detections, covering April to October, come even…

Read More
1764957818 unnamed file.jpg

FPI rulebook revamp: Sebi proposes simplified registrations; clearer KYC rules, unified framework on cards

Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged application option for related funds, even as the regulator seeks to ease compliance for global investors.In a consultation paper, the Securities and Exchange Board of India said the move is intended to enhance…

Read More