KYC compliance is crucial for the company’s success, as these solutions have remarkable benefits. The businesses can reduce their risk rate, decreasing the probability of fraudulent activities. The advanced tools streamline the activities of the companies, they ensure that the persons are the same who they claim to be. The organizations must have to comply
There will be over 3 lakh residential units purchased in India in 2023, setting a 15-year high. In 2024, the number will go higher as lower inflation will encourage more homeowners to buy. The real estate market will remain affordable in 2024. Also, grade-A developers who are completing their projects on a war footing will
Indian frontline benchmarks Nifty 50 and Sensex closed the day higher on December 26 as fresh buying was seen across all the sectors but IT, Media and PSU Bank index. Improvement in some of the Asian stocks helped rally on Dalal Street post cooler-than-anticipated US inflation data renewed hopes regarding the interest rate cuts by
Wall Street is now completely dependent on Santa Claus rally to result in strong highs as the US equity markets eye 2023 with solid gains. S&P 500 has seen an increase of more than ~4% in the month of December alone and it has seen the rise of ~24% this year so far, bringing it
China’s economy continues to struggle with several macro-economic events, and the impacts remain visible in the stock market performance. The country’s planning body found the 2nd batch of public investment projects, which includes flood control and disaster relief programmes, under bond issuance and investment plan which was announced in the month of October to support
Annual US inflation declined further to below ~3% in the month of November, with underlying price pressures continuing to abate, which should further strengthen that financial markets might see the interest rate cut in the next March. Inflation, which is measured by the personal consumption expenditures (PCE) price index, saw a fall of ~0.1% in
Stocks of small and micro-cap companies which have a market capitalization of between $50 million – $300 million are referred to as micro-cap stocks. The risk in such investments remains significantly high due to increased volatility and lower liquidity. As a result of lack of reliable publicly available information, such stocks are more exposed to
The US stocks saw a mixed close on Friday, with investors heading into Christmas holiday weekend. They have digested cooler-than-expected inflation data, further strengthening the bets that the US Fed will go for interest rate cuts in 2024. On Friday, all the three indexes were less decisive and saw light trading as the day progressed,
Over past 1.5 years or so, the global investors have been dealing with lots of uncertainties and volatility across financial markets and throughout different asset classes. Global experts believe that while the recession fears have been reduced to a great extent, the uncertain economic environment is expected to continue as increased rates of interest and higher
Foreign institutional investors (FIIs) tend to play a critical role when it comes to boosting investor confidence. Participation of such investors exhibit that they have undertook extensive research and due diligence before investing their funds. Participation of FIIs is regarded as vote of confidence in the company’s prospects, adding to the company’s appeal as a
