INR-USD Futures and Options Contracts launched by Finance Minister

On May 9, 2020, the Union Finance Minister Smt Nirmala Sitaraman launched the INR-USD Futures and Options contracts in the BSE and NSE platforms. They were launched at the GIFT International Financial Service Centre (IFSC) in Gandhinagar, Gujarat through video conference. Significance The contracts have been launched to increase economic activity and employment in the ..

Month: Current Affairs - May, 2020

Category: Economy & Banking Current Affairs

Topics: Bombay Stock Exchange • Finance Minister • Gift City • IFSC • National stock exchange • nirmala sitaraman • Stock Market • Stock Trading

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 Exchange Board of India) in 2001. It is a mechanism used to prevent the markets ..

Topics: Circuit Breaker • Economy • SEBI • Stock Market

Corona virus: WHO increases global risk from moderate to high

On 27 January, 2020, the World Health Organization arrived in China to discuss the ways the Corona Virus is spreading. The death toll due to the virus has reached 106 and around 4,000 people have been infected so far. Highlights The WHO had earlier reported that the spread of the virus is moderate. However, it ..

Month: Current Affairs - January, 2020

Category: International Current Affairs

Topics: China • Corona virus • Diseases • Health • Stock Market • Trade • Virus • WHO

SEBI’s norm for issuers of municipal bonds

On 12 Nov, the Securities and Exchange Board of India (Sebi) prescribed wider disclosures and compliances norms by the issuers of listed municipal bonds. As per the SEBI norms, listed entities should submit half-yearly unaudited financial results to the stock exchanges within 45 days of the end of the first half of the year and ..

Topics: Bond • Credit rating agency • Finance • Government • Municipal bond • Qualified institutional placement • Securities and Exchange Board of India • Security • Stock Market

Ishaat Hussain heads SEBI committee to suggest norms for Social Stock Exchanges (SSE)

The Securities and Exchange Board of India (SEBI) has recently constituted a committee on Social Stock Exchanges (SSE) under the chairmanship of Ishaat Hussain, Director of SBI Foundation. The committee shall examine and make recommendations with respect to possible structures and mechanisms, within the securities market domain, to facilitate the raising of funds by social ..

Topics: Financial markets • India • National Institute of Securities Markets • Securities and Exchange Board of India • Security • Stock Market