Category: Legal

Property Share, a fractional ownership platform (FOP), has been granted the nation’s first Small and Medium Real Estate Investment Trust (SM REIT) license by the Securities and Exchange Board of India (SEBI).  The trust will be known as Property Share Investment Trust (PSIT), with Kunal Moktan serving as its CEO and co-founder. In 4-6 weeks, […]

The Securities and Exchange Board of India (SEBI), which oversees the country’s capital markets, has suggested relaxing the rules and limitations pertaining to registered investment advisors (RIAs).  SEBI’s recommendations follow many voices from India’s small investment advisory community raising concerns about unnecessarily stringent regulations that have been in place for far too long. In order […]

Held once in every 4 years, Olympic Games is one of the biggest multi-sport events in the world. Many Indian players participate in this event, and make our country proud of them! List of Olympic medals won by Indians In this interesting blog post, we present to you lists of Olympic medals won by Indians […]

To commemorate the XXXIII Paris Olympics, a set of commemorative postage stamps was unveiled on 5th August by Union Ministers of Youth Affairs & Sports, Labour & Employment, and Communications & Development of the North Eastern Region, Shri Jyotiraditya M Scindia, and Dr. Mansukh Mandaviya.  Renowned athletes and dignitaries attended the ceremony, which took place […]

Following the tragic flooding that claimed the lives of three UPSC candidates, the Delhi government is planning to introduce a new legislation governing coaching centers in the nation’s capital, according to AAP minister Atishi. “Delhi government will constitute a committee comprising officials, students to formulate regulations for coaching centres,” she stated. According to Atishi, the […]

On July 29, 2024, India’s first underwater museum opened its doors at the well-known Humayun’s Tomb complex in New Delhi.  Gajendra Singh Shekhawat, the Union Culture Minister, reportedly gave the museum’s official opening. The museum features approximately 500 artifacts, many of which are being shown to the public for the first time. The museum provides […]

In the Union Budget speech held on 23rd July, Finance Minister Nirmala Sitharaman announced an increase in both the long-term (LTCG) and short-term (STCG) capital gains taxes with immediate effect. By definition, a capital gain is any profit or gain resulting from the sale of a “capital asset.” The FM also announced a big increase […]

SEBI has authorized credit rating agencies (CRAs) and ESG rating providers (ERPs) to operate within the International Financial Services Centre (IFSC) at Gujarat International Finance Tech-City (GIFT City), under the jurisdiction of the International Financial Services Centres Authority (IFSCA).  This move aims to strengthen the financial ecosystem at IFSC-GIFT City. SEBI’s recent circular includes IFSCA […]

India should aim for $500 billion in domestic electronics manufacturing by the year 2030, according to a report by the NITI Aayog that makes specific policy recommendations for things like tariff rationalization and skilling. The central government’s think tank, on 18th July, said that the growth in electronics manufacturing would create employment for about 6 […]

Union Minister of Commerce and Industry, Shri Piyush Goyal, attended a meeting of G7 Trade Ministers in Reggio Calabria, Italy. This meeting was important for discussing how countries can improve their trade relationships and work together on economic issues.  Minister Goyal also had meetings with leaders from Italy, the European Commission, New Zealand, the UK, […]