 "SEBI unveils bold reforms, including a high-risk asset class and streamlined regulations, amidst controversy and internal discontent.")
SEBI unveils bold reforms, including a high-risk asset class and streamlined regulations, amidst controversy and internal discontent.
The Securities and Exchange Board of India (SEBI) has recently approved a new asset class aimed at high-risk investors, providing more flexibility for fund managers. This new product, called “Investment Strategies,” requires a minimum investment of Rs 10 lakh and intends to prevent unregistered investment schemes. SEBI also introduced the Mutual Funds Lite framework, easing ...
 "A tragic explosion at a firecracker factory in Uttar Pradesh kills four, including a child, and injures six, prompting urgent rescue efforts.")
 "Finance Minister Nirmala Sitharaman announces key GST reforms, including a GoM to reduce insurance taxes and lower rates on cancer drugs.")
 "The GST Council meeting, chaired by Nirmala Sitharaman, tackles crucial tax issues, including health insurance exemptions and online gaming regulations.")
 "Apple is set to unveil revamped AirPods, including new AirPods 4 and upgraded AirPods Max, at the iPhone 16 launch.")
 "The U.S. encourages global allies, including India, to help resolve the escalating Ukraine conflict and support a just peace.")
 "In a high-stakes move, Chinese tech giant Tencent unloaded 2.1% of its holdings in PB Fintech, the parent entity of Policybazaar, for a staggering Rs 1,668 crore via open market transactions. This extensive sell-off of 97 lakh shares, executed in 15 tranches, slashed Tencent’s stake from 4.26% to 2.13%. Notable buyers, including SBI Mutual Fund, Societe Generale, and other major financial entities, quickly acquired the shares. Despite the intense trading activity, PB Fintech’s shares dipped 0.71%, closing at Rs 1,724.85 on the BSE. This marks the third significant sale by Tencent in PB Fintech within a span of four months.")
