Human resources & regulatory autonomy

Synopsis: Statutory regulatory authorities need autonomy in staffing their organisations with specialists who have integrity and knowledge. Introduction Recently, the chairman of the National Financial Reporting Authority (NFRA) called for a “standalone legislation”. He stated that, in the interest of functional, financial and administrative autonomy of the NFRA, there is a compelling need for a… Continue reading Human resources & regulatory autonomy

T+1 settlement system: how it works, and how it will help investors

What is the News?  Securities and Exchange Board of India (SEBI) has introduced T+1 (Trade plus 1 day) settlement cycle for stocks on an optional basis in place of T+2 settlement. The new rule will come into force on January 1,2022. What is a T+1, T+2 Settlement? T+1 (T+2) are abbreviations that refer to the… Continue reading T+1 settlement system: how it works, and how it will help investors

Social Stock Exchanges: A Chance to Invest into Our Future

Source: This post is based on the article “Social Stock Exchanges: A Chance to Invest into Our Future” published in Livemint on 1st September 2021. Relevance: Social Stock Exchange Synopsis: The concept of a Social Stock Exchange is a worthy idea, but still needs deliberation and consultations with all stakeholders. Context The Securities and Exchange… Continue reading Social Stock Exchanges: A Chance to Invest into Our Future

Oil bonds and other associated issues – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction The Centre has argued that it cannot reduce taxes on petrol and diesel, as it has to bear the burden of payments in lieu of oil bonds issued by the previous government to subsidize fuel prices. Fuel prices as of now remain incredibly high, with many metro cities having to… Continue reading Oil bonds and other associated issues – Explained, pointwise

Securities market: On the cusp of change

Relevance: A robust financial market is critical for optimum channelization of surplus in an economy.  Synopsis: We need to establish a capable financial market system. One of the challenges is the less than perfect functioning of regulatory bodies.  Problems with the regulators  Concentrated power: Regulators in India are unique in having concentrated power, with an intermixing… Continue reading Securities market: On the cusp of change