Ministry of Finance releases draft regulation which would revamp the way the RBI sets monetary policy.
The Securities and Exchange Board of India is working on guidelines to regulate algorithmic trading and is expected to release them within the next two months.
The Securities and Exchange Board of India is seeking guidance from the Finance Ministry ahead of its merger with the Forward Market Commission on whether to allow Foreign Portfolio Investors into the commodity derivatives market.
India’s Finance Ministry is looking to allow greater pricing flexibility for securities with an exit valuation clause at a rate set beforehand, in a move to attract more private equity and venture capital investment for e-commerce and other emerging sectors.
The Securities and Exchange Board of India has issued a circular asking stock exchanges to penalise brokers placing erroneous orders and to discourage frivolous trade annulment requests.
The finance ministry and the central tax department board may soon issue clarifications on tax treatment making it easier for fund managers operating large India-dedicated funds to set up an office in the country.
Focus on understanding the commodities markets with an emphasis on averting crisis before taking up developmental issues.
The Securities and Exchange Board of India (SEBI) is working on a new policy which will establish a framework for the orderly winding down of trade depositories in the event of a depository going bust or voluntarily closing its business.
Indian Banks have started to use credit bureaus to perform identity and background checks as part of their KYC procedures.
The Securities and Exchange Board of India says it is not comfortable with forward contracts on the commodity exchanges it will soon be expected to regulate.