By Raj Deepak Singh Rupee depreciated towards the end of the week after better-than-expected US economic numbers boosted the Dollar. Also, weakness in the Euro prompted the dollar to mark its best gain in this month. The US advance GDP numbers surprised the market with a gain of 2.4% QoQ against forecast of 1.8%. Additionally, […]
Day: August 22, 2023
Investment advisors can charge fees only for advisory, not PMS: SebiInvestment advisors can charge fees only for advisory, not PMS: Sebi
Securities And Exchange Board of India (Sebi) Chairperson, Madhabi Puri Buch, made a strong case for differentiating between investing advisory and money management. In her address at the Association of Registered Investment Advisers (ARIA) conference she said that 35% of the investment advisers (IAs) are unregistered in India. All IAs registered with the Sebi are […]