Sebi moots MF payment by 3rd parties in select cases
Sebi is proposing new rules for mutual fund investments. Third parties can now make payments in certain situations. Employers can invest on behalf of employees through salary deductions. Asset Management Companies can pay distributors in mutual fund units instead of cash. A framework for investors to donate to social causes is also suggested.
Fed Minutes: More officials warned of rate hike scenario
Federal Reserve officials signaled a potential shift towards interest rate hikes if inflation persists above their 2% target. Many policymakers advocated for removing the central bank’s easing bias, suggesting the next move could be a rate increase. This stance reflects growing concerns about inflationary pressures.
RBI proposes rules to let lenders disable phones for loan defaults
The Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for devices financed by the loan. These restrictions, effective October 2026, will be tightly regulated, excluding essential services and requiring a graduated approach. The RBI also introduced broader recovery conduct rules, including agent certification and […]
Long-term SIPs deliver consistent gains as market volatility eases over time
Investing in equity through Systematic Investment Plans (SIPs) offers greater predictability and reduced risk over extended periods. A study reveals that longer tenures, ideally 10 years or more, allow investors to navigate market cycles and benefit from rupee cost averaging.