Sebi’s circular naming defaulters draws flak; companies approach FinMin

SEBI

Sebi’s circular naming defaulters draws flak; companies approach FinMin The list featured some prominent names like SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance, Saradha Realty, United Bank of India &Trident India Market regulator Securities and Exchange Board of India (Sebi) is once again caught on the wrong foot, and this time for […]

RBI clampdown puts cryptocurrency traders, exchanges in a spot

RBI

RBI clampdown puts cryptocurrency traders, exchanges in a spot RBI’s decision, which was aimed largely at protecting interests of consumers, caused panic selling among crypto investors, traders in India The Reserve Bank of India’s (RBI) recent crackdown on cryptocurrencies has left investors, traders, and crypto exchanges in a fix, prompting them to tap alternative means […]

India’s Pace of Growth Likely to Accelerate in 2018-19: RBI Guv

RBI

India’s Pace of Growth Likely to Accelerate in 2018-19: RBI Guv The Indian economy gave a resilient performance in 2017-18 and the country’s growth is expected to accelerate next fiscal, RBI Governor Urjit Patel has said. “Several factors are expected to help accelerate the pace of growth in 2018-19,” Patel said at IMF Committee meet […]

Sebi proposed as regulator for spot commodity exchanges for gold, metals

SEBI

Sebi proposed as regulator for spot commodity exchanges for gold, metals Govt agreeable in principle to this suggestion, though Sebi itself is not Spot commodity exchanges for gold, metals and even energy products like natural gas could see the light of day under the Securities and Exchange Board of India (Sebi) as the regulator. This […]

FinMin examining issues in converting GSTN to govt Firm

GST

FinMin examining issues in converting GSTN to govt Firm The Finance Ministry is examining various issues including overhaul of procurement procedures and the salary structure of employees as part of the proposal to convert GST Network (GSTN) into a government company.These two issues, along with other transitional and operational nuances, would be placed before the […]

Biometric Check Mulled for Stock Trading via Apps

Finance

Biometric Check Mulled for Stock Trading via Apps Securities and Exchange Board of India (Sebi) has proposed biometric authentication for traders and investors when they access mobile applications to buy and sell stocks. Aimed at improving cyber security, this is part of a long list of recommended dos and don’ts compiled by the markets regulator […]

Social Security Plan Gets PMO Nod, Rollout Likely in 3 Phases

News

Social Security Plan Gets PMO Nod, Rollout Likely in 3 Phases Workers will be classified into four categories with the poorest being the first beneficiaries The Prime Minister’s Office (PMO) has given its approval to the labour ministry proposal on universal social security cover for 500 million workers, including those in the farm sector, seeking […]