In a recent update, the Securities and Exchange Board of India (Sebi) confirmed that clients engaged in discretionary portfolio management have the right to pledge their securities. They will still be considered beneficial owners and are permitted to utilize these assets as collateral. This flexibility allows clients to secure personal loans, alleviating prior worries regarding restrictions on…
India’s petrol and diesel prices remained largely stable on 18 August despite a sharp rise in global crude prices. Oil climbed amid renewed US-Iran tensions, fears of wider conflict, and uncertainty…
Union Minister Piyush Goyal met with Nippon Life India Asset Management's CEO to discuss retail investment growth. They explored avenues for attracting greater global capital into Indian markets.
