Trend India Policy and Reforms - Latest news, views and updates

TREND | 11 Jun 2025

NSE gets Sebi's nod to launch monthly electricity futures contracts

Business Standard

The National Stock Exchange of India (NSE) on Wednesday said it has received the approval from markets regulator Sebi to launch monthly electricity futures contracts. The launch aims to provide market participants with effective hedging tools against electricity price volatility, enable more accurate price signals in the power sector and encourage capital investments across the electricity value chain -- generation, transmission, distribution, and retail. "This approval is only the beginning of NSE's vision for a broader electricity derivatives ecosystem. Plans are underway to gradually introduce contracts for difference (CFDs) and other long-duration electricity derivatives such as quarterly and annual contracts subject to regulatory approvals," Ashishkumar Chauhan, MD & CEO, NSE said in a statement. The exchange said that a calibrated and phased approach will ensure both market integrity and investor confidence. It is crucial for the spot and futures electricity markets to...

India Policy and Reforms

TREND | 11 Jun 2025

Baseless, false: Finance Ministry denies reports of fee on UPI transactions

Business Standard

"The Government remains fully committed to promoting digital payments via UPI," the finance ministry said

After MCX, NSE Gets SEBI Nod To Launch Monthly Electricity Futures

NDTV Profit | 11 Jun 2025 9 more

India Policy and Reforms

TREND | 11 Jun 2025

S&P Global Ratings Singapore PTE becomes 1st foreign credit rating agency to set up base in GIFT City

Business Line

S&P Global follows in the footsteps of its Indian counterpart, CareEdge Global IFSC Ltd --- a subsidiary of CARE Ratings Ltd --- in establishing a base in this financial enclave

India Policy and Reforms

TREND | 10 Jun 2025

Zerodha's Nithin Kamath hails SCRA rule clarification for stock brokers, "huge" for Rainmatter. Here's why

Economic Times

Nithin Kamath praised the Finance Ministry and NSE for clarifying SCRA rules, allowing brokers to invest their own funds freely. This regulatory shift will empower Zerodha's Rainmatter to allocate more capital directly to Indian startups without prior approvals.

India Policy and Reforms

TREND | 10 Jun 2025

FM Sitharaman asks regulators to take steps to reduce unclaimed assets and expedite refunds

Business Line

The Finance Minister emphasised that the interest of common citizens has to be kept in mind and therefore expeditiously refund the claims of the rightful claimants

Finance Minister Nirmala Sitharaman chairs 29th FSDC meeting in Mumbai

Business Line | 10 Jun 2025 5 more

India Policy and Reforms

TREND | 10 Jun 2025

Sebi issues Rs 5.35 crore demand notice to OPG securities in NSE case

Business Standard

Sebi has sent notices to stock broker OPG Securities and its directors asking them to pay Rs 5.35 crore, in a case of unfair access to secondary market servers in connection with the NSE co-location issue, and warned of attachment of assets as well as bank accounts if they fail to make the payment within 15 days. The demand notices came after the entities failed to pay the fine imposed by the Securities and Exchange Board of India (Sebi) in April 2025. In three separate recovery notices issued on Monday, the regulator directed OPG Securities and its directors -- Sanjay Gupta, Sangeeta Gupta, and Om Prakash Gupta -- to pay dues totalling Rs 5.35 crore within 15 days. This included a penalty amount and an interest. In the event of non-payment of dues, the market regulator said it will recover the amount by attaching and selling their moveable and immovable properties. Besides, they face attachment of bank accounts and arrest. In its order passed in April, Sebi levied a fine of Rs 5 .

India Policy and Reforms

TREND | 10 Jun 2025

Why corporate guarantees have emerged as a new battleground in tax disputes

Business Standard

Before the introduction of GST in 2017, corporate guarantees between related parties were not considered taxable under the service tax regime, unless there was a direct consideration involved

CBIC removes DIN requirement for GST portal communications with RFN

Business Line | 10 Jun 2025 8 more

India Policy and Reforms

TREND | 10 Jun 2025

893-cr order pushes ITD Cementation shares 9% higher; key details here

Business Standard

ITD Cementation share price rose after the company announced that it has secured a contract worth about 893 crore, including GST. in Odisha.

India Policy and Reforms

TREND | 09 Jun 2025

Finance ministry pushes public sector banks to expedite loans for weavers

Business Standard

Handloom organizations also benefit from an interest subvention, receiving loans at a concessional interest rate of 6 per cent for three years

India Policy and Reforms

TREND | 09 Jun 2025

Governing Council urges NIIF to boost global presence, adopt new strategy

Business Standard

The Finance Ministry has called on NIIF to leverage its sovereign-backed model, diversify funding sources and attract international investors by strengthening its global profile