Sucheta Dalal

2 weeks ago | moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi |Sucheta Dalal

India has just overtaken Japan to become the world’s fourth-largest economy, with nominal gross domestic product (GDP) clocking in at US$4.19trn (trillion). Yet, behind this headline triumph lies a serious contradiction. Nearly 65% of India’s population still relies on agriculture and allied activities for their livelihoods—most of them struggling on small plots of land with no glimmer of the country’s newfound economic prestige.

3 weeks ago | moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi |Sucheta Dalal

Despite multiple warnings and committee recommendations, the Reserve Bank of India (RBI) continues to evade the core issue: issuing clear, enforceable directions to banks on resolving the continued harassment of customers over know-your-customer (KYC) updates and arbitrary account freezes. India’s banking regulator has never lacked committees, circulars, or proclamations about its commitment to consumer protection.

4 weeks ago | moneylife.in | Sucheta Dalal |Debashis Basu

In 1992, the Harshad Mehta scam led to profound changes in capital market regulation and infrastructure. One of these was setting up the NSE as a cleaner alternative to the century-old BSE. In a supreme irony, NSE itself got embroiled in the algo scam originating in the Exchange's sanctum sanctorum: the co-location servers for high frequency trading. Absolute Power is the story of NSE's commercial success leading to arrogance and fall from grace.

1 month ago | moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi |Sucheta Dalal

In a candid interview with The Indian Express, Tuhin Kanta Pandey, the newly-appointed chairman of the Securities and Exchange Board of India (SEBI), acknowledged a significant lapse in the regulator's transparency standards. He noted that there was ‘virtually no public disclosure’ in the context of his predecessor’s personal interests and existing disclosures failed to meet ‘minimal expectations’ .

1 month ago | moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi |Sucheta Dalal

Unchecked fraud in initial public offerings (IPOs), especially listings by small and medium enterprises (SMEs) should set off loud alarm bells for retail investors, especially those hunting for multi-bagger in this segment. As many as eight out of 10 investors today have entered the markets only in 2021 and have no memory of the IPO frenzy of the 1990s—which ended in a spectacular bust that drove out retail investors for a whole decade. Alarmingly, those reckless days are back—with a vengeance.