NEW DELHI: Recent developments indicate strong foundation of macroeconomic stability in India with steady growth, investment, employment, and inflation trends, and a strong and stable financial sector, a finance ministry report said on Thursday. However, it cautioned that the challenge is in navigating the continuing uncertainty in global economic prospects.“We will likely encounter a cycle…
NEW DELHI: Markets regulator Sebi on Friday proposed amendments to ease the compliance requirements for entities with listed non-convertible securities. This move will ease the cost of compliance for participants in the financial sector, as announced by govt in FY24 Budget.In its consultation paper, Sebi proposed aligning the approval and authentication process for financial results…
MUMBAI: In 2022, when Madhabi Puri Buch took charge as Sebi chairperson, she broke several barriers – primary of them being the first woman and the first former private sector professional to head the markets’ regulatory body. After a four-and-half-year stint as a whole-time member at Sebi, she had taken a few months off due…
MUMBAI: The digital decade has triggered a major shift in jobs in the financial sector. With most clerical work being automated, middle and lower-end jobs are disappearing. The ratio of officers to support staff has changed from 50:50 in FY11 to 74:26 in FY23 (see graphic), indicating lower opportunities for middle-tier jobs. AI is seen…
