
Tokenisation Threat: Morgan Stanley Warns of 30% Revenue Hit for Wealth Managers
Morgan Stanley warns that digital assets and tokenisation could threaten a huge chunk of wealth management revenue by 2030.
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Morgan Stanley warns that digital assets and tokenisation could threaten a huge chunk of wealth management revenue by 2030.

Dy CM Harsh Sanghavi returns from East Asia, promising a surge in semiconductor, auto, and textile investments for the Vibrant Gujarat Global Summit.

Minister Piyush Goyal calls for doubling India's port capacity twice over in 20 years to boost trade and economic growth.

Over 24,000 attendees joined BIRC 2026 in New Delhi to boost India's rice exports through innovation and new trade agreements.

FM Nirmala Sitharaman inaugurates RBI's new data centre in Bhubaneswar to strengthen RTGS, NEFT, and India's digital payment security.

The Bharat International Rice Conference 2026 sees massive global interest, generating an estimated Rs 50,000 crore in business deals.

Indian rice companies target UK and Europe at BIRC 2026, aiming for 25 million tonnes in exports amid new trade agreements.

The CCPA imposes a Rs 1 lakh penalty on Hogar Technologies as part of a larger crackdown on misleading walkie-talkie ads across e-commerce sites.

Indian rice exporters aim to expand into the UK and Europe, leveraging global demand and quality to boost international trade growth.

Caribbean powerhouses take center stage in the Abu Dhabi T10. Find out which stars are leading the franchises from November 7 to 20.

SIDBI's latest survey reveals rising business confidence among Indian MSMEs, with manufacturing leading the growth despite input cost pressures.

India's private capex pipeline has grown fourfold since 2014, but Union Bank warns of lending risks due to sectoral and state concentration.

PM Narendra Modi opens Arvind Limited's garment plant in Varanasi, boosting textile manufacturing and women-led development in Uttar Pradesh.

Goldman Sachs predicts a 7% revenue growth for luxury brands by 2027, with the US emerging as a key growth driver after years of sluggish sales.

RBI Governor Sanjay Malhotra clarifies that the central bank does not target a specific price for the Rupee but will curb excessive volatility.

Morgan Stanley reports global AUM hit $159 trillion, but warns that falling fees and AI adoption will decide future winners.

SIDBI report reveals rising MSME business confidence, with manufacturing leading the way despite the pressure of increasing input costs.

CM Revanth Reddy announces Aerospace and Defence Policy 2.0 to make Hyderabad a global hub for defence research and manufacturing.

Rain, red flags, and photo finishes mark the thrilling opening day of the Indian National Car Racing Championship 2026 at Kari Motor Speedway.

Union Minister Shivraj Singh Chouhan announces the creation of 11 crore Farmer IDs, streamlining government benefits and digital agriculture.

Kieron Pollard takes over as MI head coach, vowing to bring back the blue flags to Wankhede and move past recent bottom-table finishes.

Goldman Sachs reveals 86% of US small businesses use AI, but only 15% have fully integrated it into core operations.

McKinsey warns that while AI could generate $2.52 trillion in annual value, rising deployment costs could slash these gains by 34%.

Kotak Mahindra Bank reports a 29% rise in Q2 standalone profit, though net interest margins narrow due to foreign currency deposit inflows.