Northern ARC Capital Ltd, a diversified NBFC operating in India had filed its draft red herring prospectus (DRHP) with SEBI in July 2021 and its DRHP had been approved by SEBI in September 2021. However, Northern ARC Capital Ltd has not yet finalized

After surprising the street with 6.2 inflation in Nov-21 and 7 in Dec-21, the US reported retail inflation at a whopping 7.5 in Jan-22. This is the highest level of inflation recorded in the US in the last 40 years and these levels were last seen

Founded in 1992, the NSE evolved as a joint effort by top-tier business entities to promote safe stock trading for the burgeoning Indian investment market. NSE stock exchange provides its customers seamless access to

Initially, the entity was called ‘The Native Share & Stock Brokers’ Association.’ Presently, the exchange boasts a variety of trading options in equity, fiat, debt instruments, derivatives, and mutual funds. In addition, it off

In a significant boost for the government’s “Make in India” campaign, it has announced a ban on import of foreign drones. The manufacture of drones in India is already a priority item that is covered under the Production linked Incentive (PLI)

One of the best gauges of equity market participation is the total collections of securities transaction tax (STT) by the government. As you are aware, STT is collected on all stock market transactions including transactions in stocks, equity futures

When the RBI presented the monetary policy on 10th February, it was amidst an interesting combination of events. On the one hand, domestic inflation was on the way up while on the other hand the US Fed was getting increasingly hawkish. In between, th

The high profile decision by the Vedanta group around 3 months back to restructure its entire business has been put off for the time being. The founder of the Vedanta group, Anil Agarwal, confirmed that the group has decided not to undertake any majo

Nifty has witnessed a sharp correction at the start of this week and it almost tested 17000 mark in the follow up selling on Tuesday. However, the indices recovered sharply from the low of 17040 and has ended tad below 17500 ahead of the weekly expir

Oil has been volatile in the last few days with a strong upward bias. Just a couple of days back, oil had scaled to an all-time high of $95/bbl in the Brent Crude market. However, after touching a 7-year high, the price of Brent has scaled back to th

In a rather surprising move, the RBI has chosen to cancel the mega bond issue that the government was planning on 11th February. The plan was to issue bonds worth Rs.22,000 crore on 11-Feb, but the government summarily announced the cancellation of t

If the latest move by the RBI is through, we could see a surge in credit card issuances in India. For a debt averse culture like India, the number of credit cards have lagged the number of debit cards but a huge margin. This is in contrast to the tre