One of the big events for investments and investment products in 2016 was the Securities and Exchange Board of India (Sebi) publishing its consultation paper clarifying the Sebi investment adviser guidelines. This is still at the consultation stage; responses from industry were to come in by 30 November. If implemented in the current avatar, the amendments spell big change for investment advisory.
India will be superpower by 2047, but not high-income economy: Martin Wolf
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