SEBI Chairman Tuhin Kanta Pandey MUMBAI: Markets regulator Sebi is in the process of reviewing and revamping the regulations for the portfolio management services industry, and a new set of regulations is expected to be in place by mid-2026, Tuhin Kanta Pandey, chairman, Sebi said Monday.The Sebi chief also said that internally its top officials…
NEW DELHI: The National Monetisation Pipeline (NMP) 2.0 has set a target of Rs 16.7 lakh crore from monetisation of assets belonging to 12 sectors in more than 2,000 projects over five years from fiscal year 2026 to 2030, a roadmap prepared by govt’s policy think tank Niti Aayog showed on Monday. The aggregate assets…
BENGALURU: The IT industry is undergoing one of its deepest structural shifts in decades as AI reshapes talent needs across the delivery chain. The traditional pyramid model with large teams of junior coders supervised by layers of managers-is giving way to a capability-dense, AI-augmented structure. “The shift is from coding depth to problem framing,” said…
Global stocks on Monday were dragged down by losses on Wall Street and European equities as fresh uncertainty around tariffs intensified after US President Donald Trump announced new levies following a US Supreme Court ruling last week.Wall Street’s main indexes slid, with software and financials being the biggest drags on the benchmarks. Citigroup was down…
NEW DELHI: India and France have amended the double taxation avoidance agreement which will provide for taxation of capital gains on the basis of residency of the company and deleted the Most Favoured Nation (MFN) clause bringing in certainty in taxation.The amending protocol modifies the taxation of income from dividends by replacing a single rate…
NEW DELHI: In a stern message, finance minister Nirmala Sitharaman on Monday asked banks to focus on core banking and said it was an offence to mis-sell insurance products.“I am glad that RBI is coming up with guidance on why mis-selling will not be entertained. The message should go to the banks that you cannot…
China has called on America to roll back the tariffs imposed by US President Donald Trump, following the landmark decision by the US Supreme Court. Last week, the court had ruled six to three that Trump lacked the authority under a 1977 law to levy sudden tariffs on individual countries, a move that had disrupted…
Cryptocurrency Bitcoin slid on Monday, extending losses amid broader market unease and a pullback from risk-heavy assets.The world’s largest cryptocurrency fell around 2 per cent in volatile trading, at one point tumbling as much as 5 per cent to dip below US$65,000 before trimming part of the decline. The move pressured crypto-linked equities, with Coinbase…
HYDERABAD: US-based insurance player The Hartford on Monday opened its first global technology centre in India, spread over 1.6 lakh sq ft at Hyderabad’s Financial District, and it is expected to scale up to nearly 1,200 employees over the next few years.The 200-year-old American insurer said the Hyderabad GCC will play a key role in…
The Citrini Research’s “The 2028 Global Intelligence Crisis” has gone viral, giving deep insights into thematic equity and global macro markets by using cross-asset, lateral thinking.In this different 2028, AI doesn’t just help people do their jobs; it takes them over completely. Citrini Research highlights a move away from the basic hardware race toward “Phase…
