26 September 2025

INTRODUCTION The asset management industry is undergoing a regulatory rethink, which aligns with the SEBI’s broader aim of ease of doing business. The recent SEBI consultation paper dated 7 July 2025, on review of permissible business activities of the asset management companies (AMCs) provides a liberalised view by broadening the ambit of permissible business activities […]

“Each person possesses an inviolability founded on justice that even the welfare of society as a whole cannot override.” John Rawls, A Theory of Justice. Introduction The recent attack at Pahalgam and the counter-response has brought the discourse around counter-terror to the forefront. Counter-terror response has two phases: apprehension or neutralisation, followed by the second,