ITC Foods targets growth in north and west India amid shift to branded products ITC Foods, a Kolkata-based fast-moving consumer goods (FMCG) company, is focusing on expanding its presence in the northern and western regions of India. This strategic move is part of the company’s efforts to capitalize on the growing demand for branded food products. The company operates across various categories including staples, snacks, health foods, dairy, and beverages. To drive this expansion, ITC […]

Smartphone market stays below pandemic levels, concerns remain The smartphone market continues to stay below pandemic levels, raising concerns regarding its revival. Despite some optimistic projections and minor growth, the overall market remains subdued. In India, which has a smartphone economy valued at over $40 billion, the demand is still lagging behind pandemic-era level. The market faced numerous challenges in recent years due to the COVID-19 pandemic and currency fluctuations, though there are signs of […]

Hike in collateral-free agriculture loan limit likely to aid banks in managing stress The recent increase in the collateral-free agriculture loan limit from ₹1.6 lakh to ₹2 lakh by the Reserve Bank of India (RBI) is expected to aid banks in managing stress. This move is designed to support the agricultural sector and address rising input costs. The enhanced loan limit, effective from January 1, 2025, aims to provide better financial support to small and […]

Algo Trading Coming Soon: A New Opportunity for Retail Investors The Securities and Exchange Board of India (Sebi) is contemplating a significant change that could open the doors of algorithmic trading to India’s retail investors. This move aims to democratize access to a trading approach that has traditionally been the domain of large institutions. Sebi’s Proposal: Bridging the Gap Sebi has proposed a framework where retail investors can participate in algorithmic trading through licensed brokers, […]

Addressing System Inefficiencies in Collateral Deposits: Insights from SEBI’s Ananth Narayan G In the evolving landscape of financial compliance and international expansion, understanding system inefficiencies is pivotal for businesses aiming to navigate this complex world. The Securities and Exchange Board of India’s (SEBI) Whole-Time Member, Ananth Narayan G, has highlighted significant concerns regarding the opacity and inefficiency prevalent in the current financial system. Overview: Collateral Deposits and System Inefficiencies Understanding Collateral Deposits: Collateral deposits function […]