Centre tweaks provision to ease compliance for brokers

New Delhi: The government has eased compliance for stock and commodity market brokers by providing clarity on investments that do not involve client money. The Department of Economic Affairs (DEA), ministry of finance has amended Rule 8 of the Securities Contracts (Regulation) Rules, 1957 to clarify that any investments made by a member (broker) shall…

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Faith versus forethought: India’s amateur investors are taking outsized risks

The Indian stock market has had a difficult few months. The NSE Nifty 50 Index declined for 10 straight days recently—an unusually sustained dip. Policymakers in New Delhi tend to maintain a lordly indifference to turbulence in equities. But, on this occasion, they need to pay closer attention. America’s whipsawing tariff policies might have unsettled…

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