“A major boost for investors”: Experts hail clarity on beneficial ownership and expedited approvals under Press Note-3
“The government’s formal clarification (on beneficial owner) — aligning policy with prevailing market practice — is a major boost for investors,” Sunil Kumar, Partner, EY India. “In the absence of such clarity, several investors had remained on the sidelines or attempted to restructure their shareholding solely to avoid the approval requirement. The ambiguity around what constituted beneficial ownership meant that conservative investors were postponing decisions, as even small investments triggered an approval process that typically involved a 6–8‑month wait and uncertainty over the outcome,” Kumar noted.
Watch Economy
In an increasingly competitive global macroeconomic environment, India is not giving foreign capital enough reasons to stay. One major reason is the steady decline of the Indian rupee, which reduces the dollar returns that foreign investors ultimately realise from their Indian investments. The other reason is rising tax uncertainty, especially after the ruling of the
Nasdaq-listed travel platform MakeMyTrip said it is evaluating a potential listing of its India business, as the company looks to tap domestic capital markets and strengthen its position in its largest market. In a filing dated 16 March, the company said the move could “provide an additional avenue to access capital, including from domestic institutional and retail investors”
It is quite common for people to end up with two health insurance policies. One may come from an employer, while another may be a personal policy purchased separately. In some cases, couples also have individual policies along with a family floater plan.This often leads to a practical question when a hospital bill arises. Can
The tool that scammers use for this is called a UPI collect request. It is a normal feature in UPI apps, but fraudsters have figured out how to use it to confuse people. If you use apps like Google Pay, PhonePe, Paytm or BHIM, chances are you have already seen one of these requests pop
Insurance mis-selling often comes to light only after a few years. Someone reviews their finances, tries to stop paying premiums, or checks the expected returns and suddenly realises the policy works very differently from what the agent had explained.Sometimes a policy that depends on market performance is described as a guaranteed investment. In other cases,
| Index / Asset | Price | Day Chg | 52W High | 52W Low |
|---|---|---|---|---|
| SENSEX | 81,420.36 | +342.14 (+0.42%) | 84,928.00 | 65,828.41 |
| NIFTY 50 | 24,668.25 | +92.80 (+0.38%) | 26,277.35 | 21,964.60 |
| NIFTY BANK | 52,840.10 | -62.55 (-0.12%) | 55,087.15 | 44,922.80 |
| USD/INR | 84.22 | -0.07 (-0.08%) | 87.12 | 82.64 |
| Gold (10g MCX) | ₹72,840 | +890 (+1.24%) | ₹74,220 | ₹58,430 |
| Brent Crude | $82.40 | +$1.72 (+2.14%) | $88.20 | $71.40 |

