If passed as a law, the Securities Markets Code Bill will determine how Indian companies raise capital, how secure investors feel when they trade, and—most importantly—how independent and accountable SEBI remains.
Millions of new investors have entered the Indian equity market. This deepening equity cult needs to be nurtured by practices that lead to long-term wealth creation in the economy.
A public-private partnership for supervision is also relevant to other industries where offshore operators evade local laws—such as online gambling and digital lending.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
COMMENTS