The Securities and Exchange Board of India (SEBI) is analysing concerns raised by traders and other market participants over the new Closing Auction Session (CAS) for futures and options (F&O) eligible stocks but the mechanism is here to stay, Chairman…
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India’s financial sector needs to shift from periodic cybersecurity compliance to continuous, risk-driven cyber resilience as threats become increasingly interconnected and sophisticated, SEBI Chairman Tuhin Kanta Pandey said on Monday.
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The Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from non-resident Indians. Policymakers also considered domestic liquidity effects and fundraising costs. The overseas fundraising supported the rupee, which had…
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Prime Minister Modi encouraged MSMEs to utilize India’s numerous free trade agreements. These pacts offer significant opportunities for small businesses to expand globally. Exporters believe converting agreements into actual export orders is now the key. India has finalized trade pacts…
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The Indian equity markets opened weak on Monday, with the Sensex falling over 300 points and the Nifty slipping below 24,300, extending Friday’s decline as investors remained cautious amid geopolitical tensions and elevated crude oil prices.
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The Gujarat High Court upheld Goods and Services Tax on corporate guarantees provided by holding companies. It struck down the ‘whichever is higher’ valuation method for these guarantees. The court ruled that actual consideration should be used when available for…
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