Market regulator Securities and Exchange Board on Tuesday called for reforms in the underlying market and said regular issuance of government bonds across maturities can go a long way in achieving this by way of increasing liquidity.
Finance ministry asks bank, insurance & market regulators to issue notifications
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
The corporate sector does not care from where the money is coming.
Private sector firms need to be re-engaged for better infra planning.
'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Finance firms in these SEZs likely to get tax breaks.
This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
Demonetisation is the biggest reason for the rise in preference for small savings.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
The move will likely attract more retail investors.
Most Asian markets were trading weak on Monday.
Moving from pricing control to a free market means stiff competition.
Sebi, however, allowed wilful defaulters to make counter-offers to avoid hostile takeovers
Investors globally pulled out more than $3 billion from equity funds focused on Emerging markets including India in a week amid concerns over the US Federal Reserve's plan of curtailing its stimulus drive starting later this year.
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
DFS writes to departments that haven't responded to RBI's request for information.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.
During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
Wilful defaulters will not be allowed to take up board positions in any company.
Last week, Sebi made amendments to key regulations that govern capital raising activities to ensure that wilful defaulters do not get access to capital markets
'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
Raghuram Rajan explains the rationale for his policy stance and other issues.
Sebi also plans to examine if any comments made by company officials or the bankers could have misled investors.
Does away with much of auction process in this market and reinvestment checks
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.
