SEBI strengthens algo trading rules; co-location services

SEBI strengthens algo trading rules; co-location services The market regulator directed all exchanges to provide “managed colocation services”The Securities and Exchange Board of India (Sebi) on Monday issued new measures to provide “fair and equitable access” to the colocation facilities offered by the bourses.The market regulator directed all exchanges to provide “managed colocation services”, under […]

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Rupee has Big Worrie:External debt at half-a-trillion dollars A chunk of it due next year, may put pressure on currency

Rupee has Big Worrie:External debt at half-a-trillion dollars A chunk of it due next year, may put pressure on currency The Indian Rupee faces a new threat – soaring external debt. India’s external debt, the amount of money Indians have to repay in US dollars and other foreign currencies, have soared past the half-a-trillion dollar […]

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Imported Solar Equipment Won’t Attract Customs Duty

Imported Solar Equipment Won’t Attract Customs Duty Central Board of Indirect Taxes and Customs clarifies 2016 order, reclassifies panels and modules Much to the relief of solar project developers, the Central Board of Indirect Taxes and Customs (CBITC) has clarified that the bulk of imported solar panels and modules will not attract customs duty, putting […]

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Tank full of issues in bringing petrol and diesel under GST

Tank full of issues in bringing petrol and diesel under GST state governments derive a lion’s share of revenues from sale of these fuels and bringing them under the GST ambit would mean a sharp decline in revenue, which then will have to be compensated. Union petroleum minister Dharmendra Pradhan said last week that petroleum […]

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