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.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Dabba trading apps—such as VMoney, VM Trading, Standard Trades Ltd, IBull Capital, LotusBook, 11Starss, GameBetLeague—are currently under ED investigation.
SEBI had ordered NSE to deposit nearly Rs 11 bn, including interest, in investor fund and barred it from raising money from securities market directly or indirectly for 6 months.
Samridhi fund, social stock exchange, Atal innovation mission--the Indian government's policy initiatives are further facilitating an investing landscape in India.
Reliance Industries has seen its market value nearly double to more than $200 billion this year after a major push into digital and e-commerce ventures.
Now that SEBI has started the clean-up, it must take its broom to the dark crevices. Even the conduct of bigger intermediaries needs closer supervision.
RBI may buy Rs 1.7 trillion of debt in the year starting April 1, compared with an estimated record Rs 3 trillion spent on such purchases this fiscal period.
Defence Acquisition Council likely to take up P-8I procurement, cleared in 2019, in third week this month. Proposed joint production of GE F414-INS6 engine also on agenda.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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