Investors in India will now have access to independently verified past returns of market intermediaries, with SEBI unveiling Past Risk and Return Verification Agency (PaRRVA) a first-of-its-kind global initiative aimed at bringing credibility and transparency to financial markets.
The consultations, conducted earlier in Gandhinagar and Bengaluru, form part of GNLU's interdisciplinary study, "Assessing the Case for Regulation of Crypto Assets in India." The project is being led by S Shanthakumar, Director of GNLU, and is supported by a research team with expertise span
In the wake of recent disruptions, Union Minister of State for Civil Aviation and Cooperation Murlidhar Mohol on Saturday said that the DGCA has set up a four-member committee to review the operational disruptions in IndiGo Airlines.
Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu shared on X, announcing strict directives to IndiGo amid widespread cancellations and delays, ordering the airline to clear all pending passenger refunds and complete the entire refund process for cancelled or disrupted flights by 8
The Ministry has also instructed airlines not to levy any rescheduling charges for passengers whose travel plans were impacted by cancellations. It emphasised that any delay or non-compliance in processing refunds will invite immediate regulatory action under the Ministry's powers.
In order to protect passengers from any form of opportunistic pricing, the Ministry has invoked its regulatory powers to ensure fair and reasonable fares across all affected routes.
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
The regulator said that the exemption covers provisions under Night Duty 0000-0650 hours and restrictions on night operations of the revised Flight Duty Time Limitations (FDTL) Civil Aviation Requirements Section 7 Series J Part III Rev 2, Phase-II, applicable to the airline's A320 fleet,
Alternative investment funds (AIFs) in India continue their healthy growth and provide significant opportunities for domestic institutional investors (DIIs) to diversify their portfolios and potentially reap higher returns, highlighted a report by Crisil Intelligence.
Singapore, December 4: In a major milestone for Veeva AI, industry-specific AI for life sciences, Veeva Systems (NYSE: VEEV) today announced the availability of Veeva AI Agents for Vault CRM and PromoMats. Veeva AI in the Veeva Vault Platform and deep, specialized AI agents working in Veeva
Singapore/ Manila [Philippines], December 4: Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines' first licensed digital-only bank, has raised US$12 million in Pre-Series C financing led by Diligent Capital Partners, with participation from Plio Limited, existing