FPIs seek six more months from FinMin to comply with PMLA tweaks

Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA),......

FPI concerns remain as shift to T+1 settlement cycle nears: Analysts

Overseas investors, as well as other key stakeholders, such as brokers, custodians, and clearing corporations, are yet to iron out critical issues, even as the shift towards a shorter trade......

Global tech bodies slam India's new cyber security rule

India's new directive which mandates reporting of cyberattack incidents within six hours and storing users' logs for 5 years will make it difficult for companies to do business in the country, 11......

Sebi introduced an optional T+1 settlement cycle for markets

A switch to the T+1 settlement cycle is expected to benefit domestic investors by increasing market liquidity and trading turnover while reducing settlement risk and broker defaults. The......