The regulator in January came out with guidelines for entities operating as investment advisers in IFSC and said that any recognised entity desirous of operating in IFSC as an IA, may form a company or LLP (limited liability partnership) to provide investment advisory services. … [Read more...] about SEBI asks investment advisers operating in IFSC to have $700,000 net worth
How to invest in startups
While festival offers drove Flipkart and Amazon installations during the period, Club Factory’s rapid growth among `Challengers’ is attributed to focusing on affordable range of products as well as charging zero commission from the sellers. Club Factory has also managed to reduce delivery time by as much as 30 percent with average positive product rating going up by 40 percent in 2019.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about Club Factory Emerges Top Challenger to Amazon, Flipkart: TechArc Report
There is, though, one respect in which this virus-induced crash is different. Central bank injections of liquidity cannot cure the disease, nor will they arrest its spread. As we have never tired of reiterating, the markets had run-up on a gush of liquidity unleashed by central banks around the globe. They have run up, as we have pointed out ad nauseam, far ahead of the ‘fundamentals’. They had gone up in the belief that central banks had the markets’ back and would rush to their rescue at the slightest wobble. That hope still exists, which is why the markets are now clamouring for a Fed rate cut in March and two more rate cuts this year. Central banks in China and some other Asian countries have opened their purses. Governments too are doing their bit — Hong Kong is planning to give all permanent residents above 18 a hand-out of HK$10000. … [Read more...] about Moneycontrol Pro Weekender: Time to pay the bill?
The expenditure side numbers show a similar pattern. Gross fixed capital formation was supposed to have grown 4.5 percent in the first advance estimates — it’s now estimated to have grown by 7.6 percent. Exports of goods and services were estimated to have grown 4.5 percent initially -- they’re now estimated to have grown 5.6 percent. The estimate of growth in government fixed capital expenditure rose to 10.9 percent from 8.5 percent. Import growth is now estimated at 12.4 percent from 10 percent. … [Read more...] about Opinion | Take the first advance GDP growth estimates with a pinch of salt
This will add to the clamour for a government stimulus. The Chinese people have made a Faustian bargain with their government, giving up personal freedoms in exchange for economic growth. The Chinese leadership is acutely aware they need to stick to their end of the deal to avoid a challenge to their position, both within the Communist Party and outside. … [Read more...] about Opinion | China faces two options: Domestic stimulus or trade truce with US