New SEBI Rules for Angel Funds: Accredited Investors, Investment Limits, and Operational Changes Sub : Eco Sec: Capital market SEBI’s new proposal recommends that only accredited investors be allowed to invest in angel funds. Accredited investors must meet specific net-worth criteria verified by a third-party accreditation agency. This change is intended to prevent […]
Decoding Europe’s Digital Euro Sub: Eco Sec: Monetary Policy Why in News The European Central Bank (ECB) has officially entered the “preparation phase” for launching a central bank digital currency (CBDC) known as the digital euro. This digital euro is intended to serve as a government-backed alternative to existing digital payment methods and […]
Impact of Exits of Foreign Institutional Investors’ (FIIs) from Indian Markets and response of Domestic Investors Sub: Eco Sec: External Sector Record FII Outflow in October 2024: October 2024 saw the highest-ever FII outflow, with ₹94,017 crore withdrawn from Indian stock markets. This peak outflow surpassed previous significant FII exits, including: March 2020 […]
CCI Investigation Finds Zomato and Swiggy in Breach of Antitrust Laws Sub: Eco Sec: National income and Indian economy Overview: India’s Competition Commission of India (CCI) investigation has found that food delivery platforms Zomato and Swiggy violated competition laws. The investigation began in 2022 after a complaint by the National Restaurant Association of […]