President's Message
Dear
Members and Esteemed Readers,
Greetings from ANMI!
The month of August has been one of optimism, caution, and
renewed energy for both the economy and the markets. While global trade
uncertainties continue to cast a shadow, India’s resilience stands out through
robust macro indicators, strong domestic consumption, and proactive policy
support.
Macroeconomic
Overview
India recorded a five-quarter high GDP growth of 7.8% in Q1 FY26, driven by robust
performance in manufacturing,
construction, and services. The farm
sector also contributed positively, with GVA growth rising to 3.7% compared to 1.5% a year ago.
However, challenges persist as India’s fiscal deficit rose
to ₹4.68 lakh crore (29.9% of FY26 target) in the first four months, while
forex reserves fell by $4.4 billion amid rupee pressure from higher U.S.
tariffs. Globally, the U.S. goods trade deficit widened 22.1% to $103.6 billion
in July, signalling concerns for global growth.
Government
& Regulatory Developments
●
Hon’ble
President Smt. Draupadi Murmu presented the SCOPE Eminence Awards 2022-23,
recognizing PSEs’ contributions to nation-building.
●
Prime Minister Shri Narendra Modi emphasized the need for India–China collaboration to stabilize the global economic order
amidst volatility.
●
Shri
Piyush Goyal announced upcoming measures to boost exports and consumption,
reaffirming support against unilateral global trade actions.
●
Urban infrastructure is set to grow
with ₹10 lakh crore in new investments over the next four years, adding to ₹30
lakh crore invested in the past decade.3
State
& Domestic Developments
●
Strong consumption seen with 3.8
lakh e-commerce hires and a 122% jump in gold-backed loans, indicating evolving
credit demand.
●
Maharashtra signed ₹33,768 crore
MoUs for 33,000 jobs; Andhra unveiled IT, electronics growth plans.
●
The Education Ministry approved
₹385.27 crore for Central University of Tamil Nadu expansion.
●
Odisha ranked 5th in green mobility,
plans 1,000+ electric buses.
●
Maharashtra and UP led auto sales,
crossing 60 lakh units in Q1 FY26.
Industry
& Sectoral Highlights
●
Agriculture GVA expected
to grow 3.7% in Q1 FY26, up from 1.5% last year.
●
Gold loans surged amid
slower personal loan growth at 11.9% YoY.
●
E-commerce firms hired
3.8 lakh seasonal workers for festive demand.
Corporate
Highlights
●
Reliance Industries to
invest ₹40,000 crore in Asia’s largest AI- and robotics-driven integrated food
parks.
●
PFC and JBIC signed a
¥60 billion (₹3,500 crore) loan deal for clean energy projects.
●
Reliance and Meta formed
a JV to develop and scale enterprise AI solutions.
Events
ANMI DAY
At National level, we celebrated
ANMI Day on 1st August 2025 at NSE, marking ANMI’s 30th year with regulators,
members, and industry leaders. The day began with an Investor Awareness Walk
with members and KPB Hinduja College students to promote financial literacy.
Highlights
included the Icon of Market Innovation
& Integrity Award to Shri
Ashishkumar Chauhan, MD & CEO, NSE, the Excellence in Financial Literacy Award to Shri Vijay Kedia, Private Investor, and Generational Broker Awards to long-standing member firms.
The
Grand Finale of the ANMI All India Fin Quiz, held on ANMI Day after the 23rd
July online semi-finals, saw participation from IIMs and top B-Schools across
India. After an intense final round conducted by Quiz Master Mr. Arvind Rajeev,
Founder & CEO, X Quiz It, Sabariiuthira Karthikeyan (Chennai) emerged
Champion, with Udbhav Krishnamani (IIM Lucknow) as Runner-up with
three other finalists also recognized. We also launched ANMI Mobile App
(Android) and New Voice Journal, followed by cultural and infotainment
programs.
INDEPENDENCE DAY CELEBRATIONS
On the eve of Independence Day, NSE
in association with ANMI hosted “Azaadi Ki Dhun, Dil Se” on 14th August 2025 at
the Atrium, Exchange Plaza, Mumbai. The evening, led by renowned investor Shri
Vijay Kedia, was a soulful blend of rhythm, pride, and patriotism, celebrating
India’s glorious journey and aspirations. ANMI Members visited and actively
participated in the celebration, which reflected the strong bond between the
capital markets community and the nation’s progress.
NATIONAL WEBINARS
ANMI National Secretariat
successfully organized its 178th
Knowledge Series Webinar on “SEBI
Consultation Paper on Review of SEBI (Stockbrokers) Regulations, 1992” on 22nd August 2025. Mr. Ravi Ramaiya, MD
& CEO of Secmark Consultancy Ltd, shared insights on proposed regulatory
changes, their impact on brokers, and investor protection, making the session
highly engaging.
ANMI National Secretariat also
conducted its 179th Knowledge Series
Webinar on 29th August 2025,
addressing a crucial regulatory update from SEBI – the “SEBI Circular on Rights of Persons with Disabilities Act, 2016 and
rules made thereunder – Mandatory Compliance by all Regulated Entities (REs)”.
MASA EVENT
I’m happy to share that I participated as a Guest of Honour
and key panellist at the MahaGrowth Conclave – Expo & Awards 2025 on 23rd
August at NSE, Mumbai. The event, organized by MASA, focused on IPO insights
and capital market growth, with ANMI recognized
as a Leading Industry Body.
NCL NEW OFFICE PREMISES AT CHENNAI
I had the privilege of participating in inauguration of
NCL’s new Chennai office on 29th August, 2025, symbolizing its
commitment to operational excellence and seamless clearing services, alongside
Shri Ashishkumar Chauhan, MD & CEO, NSE; Shri Vikram
Kothari, MD & CEO, NCL; and Shri C. J. George, MD,
Geojit BNP.
REGIONAL EVENTS/WEBINARS
ANMI WR organized a
special webinar on 21st August 2025 in collaboration with Nusummit
Cybersecurity, focusing on the NSE MSOC (Market Security Operations Center)
framework. The session highlighted cybersecurity guidelines and the importance
of establishing an MSOC. TKK Region organized a Members Meet
on 30th August 2025, bringing members together for discussions on regulatory
updates, industry challenges, and ANMI’s role in addressing them. Shri Sriram
Krishnan, Chief Business Development Officer, NSE, graced the event as the
Chief Guest, sharing valuable insights. The meet strengthened regional
collaboration and emphasized the power of collective participation in shaping
the future of broking and capital markets.
Looking
Ahead
As we move into September, the challenge lies in sustaining momentum while navigating global
headwinds. With India among the world’s fastest-growing economies, our capital markets remain a beacon of opportunity. ANMI continues
its steadfast commitment to support members with knowledge, representation, and collective progress.
We
Always Think for You
"Success is not final, failure is
not fatal: it is the courage to continue that counts." – Winston
Churchill
With warm regards,
CA K Suresh
National President, ANMI