regulation
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Regulatory Risk: Hiding in Plain Sight
Regulatory risk is again in the spotlight, after IRDAI’s recent proposals to cap insurance expenses and commissions. IRDAI’s discussion paper was released on the 23rd of September and the next day, stocks of insurers, distributors and banks crashed. The collapse of market favourite, PB Fintech (Policybazaar) was the most dramatic. The stock fell 36% in… Continue reading
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Fees Are Visible. Learning Isn’t.
Fees Are Visible. Learning Isn’t. The Punjab government recently proposed a 5% cap on annual fee increases by private schools. Apparently, this is intended to curb “profiteering” and improve transparency. According to the news report, Mr. Harjot Singh Bains, the Education Minister of Punjab, said that education is a noble public good, not a commercial… Continue reading
