Sebi mulls safe UPI payments for market intermediaries
Under the proposed mechanism, the regulator has suggested creating a unique UPI address for registered market intermediaries, making it easier for investors to confirm that they are paying only registered entities. The proposed UPI payment limit for capital market transactions is set to ₹5 lakh per day, higher than the current ₹2 lakh limit. This […]
WeWork India files papers with Sebi for public listing
As per the DRHP, Embassy Buildcon plans to sell up to 33.46 million shares, while Ariel Way Tenant, through which WeWork Inc holds stake in the Indian company, is seeking to offer about 10.3 million shares.
Budget will help sustain a modestly satisfactory growth
The budget for FY26 aims to drive sustainable economic growth to 7% by addressing key concerns like inflation-impacted consumption demand and tentative private capex. Proposed income tax cuts increase middle-class disposable income, boosting demand in sectors like automobiles and real estate. Fiscal prudence continues, potentially allowing RBI rate cuts, enhancing macroeconomic stability.
Sectors that stand to gain from Budget measures
While analysts debate whether this shift is a temporary adjustment or a broader paradigm change, several sectors including agriculture, capital goods, cement, consumer, financials, telecom, and utilities are poised to benefit from the measures in the budget.