Editor's Desk

WealthTech has Highest Number of Startups in Indian Fintech

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India has witnessed a increase in the wealthy population due to the booming Information Technology industry and services oriented to the same. Against this backdrop, India has witnessed many disruptions in the wealth management industry, where wealth managers are leveraging technology to offer low-cost investment advisory to mass segments.

Discount Online BrokingBSE & NSE brokers once upon a time largely dominated by two communities have taken investors for a ride with shady & non transparent business practices. There was a problem to be addressed and Startups are encashing on the same – These Tech digital brokers charge clients significantly lower fees than traditional ones and offer only online trading facilities, but no research supports or financial advice. Because of the low-cost structure, discount brokers are quite popular among

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Views from Delhi Economic Corridor

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Many believe a stable government is likely led by Narendra Modi and his allies. The Modi led BJP Govt wasted a Big Mandate of 5 Years without any Economic Reforms / Industrial Policy that can lift India out of the Recession.

The top bureaucrats in Delhi highlights the economic priorities for the Government over the next term are likely be continued macro-economic stability (fiscal control and inflation targeting), lowering the cost of capital, encouraging private sector investment, improvement in the speed of the banking sector clean-up, GST stabilisation, tourism and uplifting the bottom of the pyramid with a specific focus on farmers.

Yet some kickers, like allowing banks to fund land for affordable housing projects, and some policies for the development of the institutional/HNI owned rental market would be possible. We believe economic growth could disappoint on the downside unless the property markets revives. The fast normalisation

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Lok Sabha – India Parliament – General Elections 2019 Opinion Polls

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Two recent opinion polls (ABC-CVoter Survey and India Today-Karvy Survey) on the 2019 general elections to Indian Parliament – Lok Sabha and results of recent state elections suggest that the BJP led by Narendra Modi will find it harder to repeat its phenomenal victory of 2014 and the ruling NDA coalition may need a different path to 272+ seats compared to the 2014 elections. Both the opinion polls forecast about 200 seats for the BJP and about 235 seats for the ruling NDA coalition.

Our hypothetical exercise based on extrapolating the votes of BJP and INC in the assembly seats of Madhya Pradesh and Rajasthan in the 2018 state assembly elections into their corresponding Lok Sabha constituencies shows that the BJP will likely win around 15 seats in Madhya Pradesh and

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Historical Rise in Minimum Support Price of Indian Agricultural Products

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The recent months have seen a sharp decline in farm output prices on the back of increased farm output. This in turn has resulted in large-scale protests by farmers, which has forced various state governments to announce farm-loan waiver schemes. We note that the recent decline in inflation is largely due to sharp decline in prices of certain food items.

FY2007-13 saw large increases in minimum support prices (MSP) of agricultural products Minimum support prices for crop year, March fiscal year-ends, 2007-17 (Rs/100 kgs)

The Following Chart

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Can You Trust the National Stock Exchange of India ?

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SEBI had received complaints that National Stock Exchange (NSE) co-location facility had provided unfair access to select trading members. The co-location issue relates to brokers placing their servers at the exchange’s premises during 2011-14 [No doubt it happened during the Corrupt Congress Regime], which reduces the time for an order and provides a speed advantage to these over those located away from the premises. Faster access to data feed of an exchange, even by a split second, can result in huge gains.

SEBI in its investigations found that (i) NSE’s architecture with respect to dissemination of data was prone to manipulation and market abuse; (ii) preferential access was given

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Economics of POS Vs ATM in India for Banks

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India is still under-invested in both ATMs and POS [Credit Card Point of Sale systems]. The ATM industry, in their view, has enormous potential to grow in the medium term. This is evidenced even in countries where digital payment has shown higher acceptance rates. We have the debit card/ATM card population currently.

The economics of POS business favors issuing banks as compared to acquisition (Customer) banks. This is primarily because most of the MDR [Merchant Discount Rate] fees are taken by the issuing bank which results in a skewed investment scenario.

For example, the competition’s response to

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