Contents1 What is the News?2 About SWAMIH Fund:3 What is an Alternative Investment Fund(AIF)?4 Categories of AIF:5 Category II:6 Category III: What is the News? The government of India’s SWAMIH (Special Window for Affordable & Mid-Income Housing) Fund has completed its first residential project in Mumbai. About SWAMIH Fund: Firstly, SWAMIH Fund is a government-backed… Continue reading “SWAMIH Fund” Completes First Residential Project
Tag: ECO_6
SEBI’s “Business Responsibility and Sustainability Report” norms mandate ESG overview
Contents1 2 What is the News?3 About Business Responsibility and Sustainability Report(BRSR):4 What Are Environmental, Social, and Governance(ESG) Criteria? What is the News? Securities and Exchange Board of India(SEBI) has issued a circular notifying new disclosure norms on sustainability-related reporting for the top 1,000 listed companies. The new reporting will be called the Business Responsibility… Continue reading SEBI’s “Business Responsibility and Sustainability Report” norms mandate ESG overview
The pandemic won’t impact India’s “credit rating” for 2 years – Standard & Poor(S&P)
What is the News? Standard & Poor’s Global Credit Ratings has organized a webinar titled “What A Drawn Out Second Covid Wave Means For India”. During that, the S&P clarified that the pandemic won’t impact the ‘BBB-‘ rating of India for 2 years. What are the key outcomes of the webinar? An increase in coronavirus… Continue reading The pandemic won’t impact India’s “credit rating” for 2 years – Standard & Poor(S&P)
SEBI technical group submits report on “Social Stock Exchanges(SSE)”
Contents1 2 What is the News?3 About Social Stock Exchange(SSE):4 Key Recommendations on Social Stock Exchanges: What is the News? A technical group on Social Stock Exchanges (SSEs), constituted by the Securities and Exchange Board of India (SEBI) has submitted its report. About Social Stock Exchange(SSE): Social Stock Exchange(SSE) is a platform that allows investors… Continue reading SEBI technical group submits report on “Social Stock Exchanges(SSE)”
New SEBI circular for “fund manager compensation”
Contents1 2 What is the News?3 About the Circular:4 Why this move? What is the News? Securities and Exchange Board of India(SEBI) has issued a new circular on regulating fund manager and key personnel compensation. About the Circular: The circular says that a minimum of 20% of the salary of mutual fund managers and other… Continue reading New SEBI circular for “fund manager compensation”
Rupee depreciation and its management
Synopsis: Rupee depreciation and its impact and solutions to protect from currency volatility risks. Contents1 Background of Rupee depreciation2 What are the reasons for rupee depreciation?3 What are the impacts of Rupee depreciation?4 How to eliminate the Rupee depreciation and currency risk? Background of Rupee depreciation Recently, the rupee fell sharply by 105 paise. It… Continue reading Rupee depreciation and its management
Finance Minister launched “Central Scrutiny Centre” and “IEPFA App”
Contents1 What is the news?2 About Central Scrutiny Centre:3 Investor Education and Protection Fund (IEPF):4 IEPF Authority: What is the news? The Finance Minister has virtually launched the Central Scrutiny Centre(CSC). She also launched the mobile app for the Investor Education and Protection Fund Authority(IEPFA). About Central Scrutiny Centre: Central Scrutiny Centre is an initiative… Continue reading Finance Minister launched “Central Scrutiny Centre” and “IEPFA App”
National Bank for Financing Infrastructure and Development Act, 2021
Introduced: The Bill was introduced in Lok Sabha on 22/03/2021 as a Government Bill (Ministry of Finance, Corporate Affairs and Information & Broadcasting). Present Status: The Bill was passed in both the Houses and received President’s assent on 28.03.2021. About National Bank for Financing Infrastructure and Development (NBFID) Act,2021 Aim: The Act seeks to establish… Continue reading National Bank for Financing Infrastructure and Development Act, 2021
Government announced “Single Security Market Code”
What is the news? Government has announced the setting up of a Single Security Market Code. Coverage: It will consolidate the provisions of SEBI Act,1992, Depositories Act, 1996, Securities Contracts (Regulation) Act,1956, and Government Securities Act,2007. Impact: This move will improve the ease of doing business in the country’s financial markets. Moreover, it will cut… Continue reading Government announced “Single Security Market Code”
India’s Sovereign Ratings don’t reflect its fundamentals
Source: Indian Express, The Hindu Gs3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Synopsis: The Economic Survey 2020-21 concludes that sovereign credit ratings are biased, and they do not reflect the Indian economy’s fundamentals. Background: Currently, India’s sovereign rating is rated under a very low investment grade. Though it… Continue reading India’s Sovereign Ratings don’t reflect its fundamentals
