Insights

Tamil Nadu, the second-largest state in India, boasts a significant contribution to the country’s economy, accounting for approximately 9.6% of its GDP. As of the fiscal year 2022-23, the state’s per capita income has reached USD 3408.7. Tamil Nadu has received a noteworthy influx of FDI, totaling USD 7 billion between 2019 and 2022. With […]

In Q4 FY 2022-23, the insurance sector witnessed a range of regulatory updates being introduced. The updates comprised circulars, notifications, guidelines and other regulations introduced by the Insurance Regulatory and Development Authority of India (IRDAI). For businesses dealing in general or health insurance and life insurance, IRDAI has introduced the concept of expenses of management

Key highlights of the publication The Mutual Funds Advisory Committee (MFAC) reviewed the erstwhile risk management framework basis the inputs received from various industry players, such as the Association of Mutual Funds of India (AMFI), and their recommendations were incorporated in the new risk management framework (RMF) issued by the regulator in September 2021, replacing

The global automotive industry is one of the biggest industries, contributing to approximately 3% of the worldwide GDP and accounting for over 50% of global oil consumption. In the context of India, the industry is one of the significant contributors to the country’s growth and supports three essential pillars – mobility, industrial and infrastructure development,