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Markets (NISM)) and FPSB India (Financial Planning Standards Board) have come together to launch a Postgraduate Program in Financial Planning along with a series of capacity building initiatives for the securities market’s ecosystem, a media release said. An MoU was signed between FPSB India CEO Krishan Mishra and NISM Registrar Sunil Kadam and aligns with the Union Budget 2024’s focus on skilling and employability, paving the way for enhanced career opportunities for finance professionals.

Government on Tuesday instructed the Union Public Service Commission (UPSC) chairman to cancel the recent lateral entry advertisement. The directive, issued under the guidance of Prime Minister Narendra Modi, comes amid growing political controversy over the lateral entry process. In a letter addressed to the UPSC chairman, Jitendra Singh, the Minister of State (MoS) for the Department of Personnel and Training, conveyed the Prime Minister's stance that the lateral entry process must adhere to the principles of equity and social justice as stated in the Indian Constitution, particularly concerning the provisions of reservation. The government emphasized that the lateral entry mechanism needs to be reviewed and reformed to align with PM Modi's focus on ensuring social justice. «Cancelling the advertisement would be a significant advance in the pursuit of social justice and empowerment,» the letter stated.

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Sebi has proposed to replace the term 'consent letter' with 'debenture trustee agreement'. The change will streamline the process for appointing debenture trustees in the issuance of securities, ensure transparency in the appointment of debenture trustees, and play a crucial role in the securities market. In a consultation paper floated on Saturday, the markets watchdog proposed replacing the term «consent letter» with «debenture trustee agreement» in Sebi's (Issue and Listing of Non-Convertible Securities) rules or NCS regulations.

CW Advisors has unveiled the latest step in its national growth strategy with a landmark acquisition.

NEW DELHI : Insurance is the first step towards financial planning. We buy policies to insure ourselves against unfortunate events. However, having insurance does not always guarantee protection.

RBI) said in its monthly bulletin on Monday. This trend marks a significant revival in external borrowing, reflecting the evolving dynamics of the domestic credit landscape, it added. It is to be noted that Foreign direct investment (FDI) inflows into India fell to $28.1 billion in 2023 from $49.3 billion in 2022. The country slipped seven notches to rank 15 in the World Investment Ranking, marking a dull 2023.

Aug 19th, Panama – Gate Ventures, the venture capital arm of Gate.io, and the Blockchain Center in Abu Dhabi, a global hub for Web3 technologies, are pleased to unveil Falcon Gate Ventures, a $100 million fund aiming to drive Web3 innovation in the coming years. This joint venture initiative takes a global stance to support Web3 builders that are committed to reshaping the world in the digital age.

One of the elements that plays a huge role in our sleeping routine is the kind of mattress we use. It is essential to choose the right type of mattress, made from the best quality materials that can provide maximum support and comfort to the body without sagging. Brands have been coming up with specialized orthopedic mattresses that cater to people with neck and spinal cord problems. If you have been looking for a mattress under 5,000, then do not forget to check out this article which features the best mattresses from leading brands.

super blue moon." This phenomenon, which combines the characteristics of both a supermoon and a blue moon, is a statistical marvel that aligns two distinct lunar cycles, resulting in a sight that will not be seen again for several years. The occurrence is not only a visual treat but also a fascinating study of astronomical timing and definitions.

Indian businesses need to align cyber security budgets with their growth objectives to ensure sustainable expansion in the face of increasing digitalisation and associated risks, a top official of Kaspersky has said. The emergence of new-age technologies, including artificial intelligence and GenAI, is critical for companies to boost their businesses. «In order to grow businesses, you need to digitise. If you don't digitise, you are not going to have that business growth value,» Adrian Hia, Managing Director for the APAC region at Kaspersky, told PTI. At the same time, the digitalisation of businesses increases the attack surface area, opening avenues for risks like sophisticated cyberattacks.

Th EU’s Carbon Border Adjustment Mechanism (CBAM) requires all EU imports to bear the same cost for each tonne of carbon dioxide (CO2) emitted as those being produced in the EU. Initially confined to six sectors—iron and steel, aluminium, cement, fertilizers, electricity and hydrogen—it will eventually expand its coverage. For India, the immediate impact is on two sectors: aluminium and steel.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

mutual funds, an investor has to decide whether to choose active or passive funds. Both types of funds offer different approaches to managing investments, and having an understanding of their differences can help an investor make an informed choice that aligns with your financial goals.

equity instruments of a local company in exchange for those of a foreign firm in a significant rejig of foreign investment norms. Investments by an overseas citizen of India (OCI) on a non-repatriation basis would not be counted as indirect foreign investment, as per the changes, which were announced late on Friday. The amendments in the Foreign Exchange Management (Non-debt Instruments) Rules follow the budget pledge by finance minister Nirmala Sitharaman to simplify overseas investment rules. The latest changes have aligned the provisions governing downstream investments by overseas citizens of India with those for non-residents. This, experts said, would encourage greater participation of NRIs in the country's economy. Easier share swap rules will «facilitate global expansion of Indian companies through mergers, acquisitions, and other strategic initiatives», the finance ministry said. The government also clarified that transfer of all shares in companies having foreign direct investment (FDI) from countries sharing land borders with India would require prior nod irrespective of the sector.

Starbucks shares rose 24% this week on news that it was replacing Laxman Narasimhan with Chipotle Mexican Grill's head, Brian Niccol, as CEO. The Chipotle stock was down 7.5% on the announcement of Niccol's departure. Niccol's appointment works out to a combined market cap impact of $27 bn, with Starbucks gaining $21.4 bn and Chipotle losing $5.7 bn.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Securities and Exchange Board of India (Sebi) on Friday released a consultation paper seeking feedback on proposals, including alignment of provision regarding approval and authentication of financial results for entities having listed non-convertible securities with that for equity listed entities. Under the proposed norms, the quarterly financial results submitted shall be approved by the board of directors. Further, the financial results submitted to the stock exchange shall be signed by the chairperson or managing director, or a whole-time director. In the absence of all of them, it should be signed by any other director of the listed entity who is duly authorised by the board of directors to sign the financial results.

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

“Allocate new money to a multi-asset allocation strategy or an equity savings fund with lower equity allocations,” says Sahil Kapoor, Head of Products & Market Strategist, DSP Mutual Fund. In an interview with ETMarkets, Kapoor said: “Retail investors should prioritize building a well-rounded portfolio that includes both equity and debt, aligning their investments with their financial goals rather than chasing short-term market trends” Edited excerpts: The market touched record highs post-budget, followed by a slight dip triggered by global cues. However, the Indian market managed to bounce back, which seems to be due to core economic strength. What are your views on this, especially considering the recent Hindenburg drama? Sahil Kapoor: Over the last two to three months, the rate of ascent in the market has been slowing down. The market is now spending more time reaching higher highs than it was earlier, indicating a shift in momentum towards consolidation.