ARJAVA MEDIA Securities and Exchange Board of India (SEBI) introduced Algorithmic Trading, known as algo trading through the Direct Market Access (DMA) Facility in 2008. It provided significant advantages like faster order execution, reduced transaction costs, greater transparency, better audit trails and improved liquidity. However, access to these facilities has been limited to institutional investors. […]
ARJAVA MEDIA The Investor Education and Protection Fund Authority (IEPFA) works under the Ministry of Corporate Affairs. It has signed a transformative Memorandum of Understanding (MOU) with the Association of Chartered Certified Accountants (ACCA) to advance financial literacy, investor education, and investor protection. The MOU marks a significant milestone in the shared commitment to enhance […]
The government has employed Artificial Intelligence (AI) methods to address various challenges India’s agricultural sector faces and support Indian farmers. ‘Kisan e-Mitra’ an AI-powered chatbot will assist farmers with queries about the PM Kisan Samman Nidhi scheme. This will support multiple languages and is evolving to assist with other government programs. Similarly, AI will support […]
In the first half of the current financial year public sector banks have written off loans worth Rs 42,000 crore, which were not loan waivers, Minister of State for Finance Pankaj Chaudhary said in Rajya Sabha while presenting details of the so called write-off. These loan write-offs are not loan waivers though many politicians and […]
SRIPARVATHI / ARJAVA MEDIA No lender can write off any delinquent borrower’s loans because there is no regulatory law or government order for banks to forget any loan. “Write off’ is only a tax accounting term, not a pardon to the defaulters. It is not waiver of any loan. A social media post said: […]