Introduction Every year, on May 31st, the world observes Anti-Tobacco Day, a day dedicated to raising awareness about the harmful effects of tobacco on health. While the focus is primarily on the physical consequences, it’s crucial to recognise the significant financial ramifications associated with tobacco use. From direct expenses on cigarettes to indirect costs such …
What is KYC and Why is it Important? “Know Your Customer” (KYC) is a foundational element in financial markets, designed to prevent money laundering and other illegal activities. The Prevention of Money Laundering Act (PMLA) and sector-specific regulations set guidelines for robust KYC frameworks. These guidelines ensure financial markets operate securely while allowing for easier …
As we approach World Heritage Day, celebrated globally on April 18, the spotlight intensifies on the conservation efforts of historic monuments around the world. India, with its rich tapestry of culture and history, houses an extensive array of historic monuments that chronicle its diverse past. From the majestic Taj Mahal to the ancient ruins of …
Owning a pet is a joyful and fulfilling experience, offering companionship and love that can enrich your life immensely. However, it is also a significant responsibility, especially from a financial perspective. In India, where the pet care industry is flourishing, understanding the long-term financial commitments of pet ownership is crucial for potential and current pet …
In a bid to enhance market efficiency and competitiveness, the Securities and Exchange Board of India (SEBI) has announced plans to introduce the T+0 (same day) trade cycle settlement on an optional basis by March 28. This move comes as a response to the increasing popularity of alternatives like cryptocurrency and aims to provide investors …
India is home to the world’s third-largest number of startups, with women playing a key role in this vibrant ecosystem. Half of India’s startup community is boosted by women’s contributions. Presently, about 14% of entrepreneurs in the country are women, which is around 8.05 million. Furthermore, women run over 20% of small and medium-sized enterprises …
In a recent turn of events that feels a bit like a “been there, done that” moment for India’s tech scene, Google and Indian internet companies are butting heads again. Google and several Indian app developers are at loggerheads, and the situation has escalated quickly. Here’s the lowdown on what’s happening, why it matters, and …
