20-member “Usha Thorat Committee” formed

On July 10, 2020, 20-member advisory committee under the leadership of former deputy governor of Reserve of Bank of India, Usha Thorat was formed. Highlights The Securities and Exchange Board of India revamped its committee that advises capital market regulator ..

Month: Current Affairs - July, 2020

CBDT and SEBI sign Memorandum of Understanding

On July 8, 2020, the Central Board of Direct Taxes (CBDT) and Securities and Exchange Board of India (SEBI) signed Memorandum of Understanding (MoU). The agreement will facilitate exchange of data between the institutes. Highlights Several other steps are being ..

Month: Current Affairs - July, 2020

International Financial Services Centre Authority established by GoI

The Government of India has established International Financial Services Centre Authority. The headquarters of the authority is to be established in Gandhinagar, Gujarat. Highlights The Authority was established through a notification. The notification issued by the GoI brings into effect ..

Month: Current Affairs - April, 2020

Circuit Breaker in Stock Market

For the first time since 2008, the circuit breaker was triggered and the trading was halted for 45 minutes in the Bombay Stock Exchange. Circuit Breaker The index based market-wide circuit breaker system was introduced by the SEBI (Securities and ..

SEBI launches app for lodging investor grievances

Markets regulator SEBI (Securities Exchange Board of India) recently launched a mobile application for assisting investors to enter grievances in SEBI Complaints Redress System (SCORES) portal. The app has all the features of SCORES web portal for grievance redressal, which ..

Government approves 6-month extension to the present Chairman of SEBI

Recently, the government has approved a six-month extension to the present Chairman of the Securities and Exchange Board of India (SEBI), Ajay Tyagi. The Chairman’s term was ending on February 29, which has now been extended to six months from ..