Thursday, August 13
Market regulator Securities and Exchange Board of India (Sebi) has proposed an asset under management (AUM) threshold of Rs 20,000 crore to consider a benchmark or index as 'Significant Indices'.The move follows internal deliberations and discussions with the Association of Mutual Funds in India (AMFI) with a view to promote transparency and accountability in the governance and administration of indices in the securities market.The cumulative AUM for this purpose will be computed based on the daily average of AUM of domestic mutual funds schemes for each month of the past six months ending on June 30 and December 31 of every year, the regulator proposed in a consultation paper issued on Monday.The significant indices under the regulation were defined as the indices administered by an index
In the last year, the underperformance of the Indian stock market has caused retail investors to bear the brunt of actual returns earned, even as headline returns remained steady. An analysis of direct and indirect holdings of retail investors by Kotak Equities showed that most retail portfolios have delivered weak or barely positive returns over the past 16-18 months.A Kotak Equities study shows that the top 20 retail-heavy stocks in the Nifty-500 have posted negative returns since June 2024, after a strong run-up between March 2023 and June 2024, with similar patterns seen in high retail-owned “narrative stocks.”Among these stocks, Reliance Infrastructure, where retail investors hold around 45%, slipped 13% from June 2024 to December 2025. Olectra Greentec fell 34% over the same time
BEIJING: China's economic growth likely slowed to a three-year low in the fourth quarter as domestic demand softened, and while the full-year pace is set to hit close to Beijing's target, trade tensions and structural imbalances pose significant risks to the outlook.The world's second-largest economy showed remarkable resilience in 2025, helped by smaller-than-expected U.S. tariff hikes and exporters' push to diversify away from the United States, allowing policymakers to keep stimulus to modest levels.Yet, Beijing is facing arguably its biggest challenge beyond simply keeping its economy on an even keel in the near term, as deep structural vulnerabilities add to the relentless pressure from a Trump administration intent on curbing China's quest to build global scale in key areas
