Indian benchmark indices are likely to open on a mildly negative note, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were in the red at the 17,792 level. In the previous session, Sensex closed flat at 60,673, down 0.03% and the Nifty extended losses for a second session . “Despite opening gains, negative cues […]
The increased regulatory scrutiny on foreign investment in alternative investment funds (AIFs) could impact flows from Cayman Islands and the UAE, which are currently on the grey list put out by the Financial Action Task Force (FATF), a global watchdog that combats money laundering and terrorist financing. Currently, Indian AIFs get an estimated 10-15% from […]
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