-The Hindu Business Line The extended ban has affected the turnover of commodity exchanges * What are the agri commodities in which futures trading has been banned by SEBI? SEBI has banned futures trading in seven agri commodities, including the derivatives of two produce. The banned commodities are non-basmati paddy, wheat, chana (Bengal gram), mustard seed and its derivatives, soyabean and its derivatives, crude palm oil and moong (green gram). * Why were they...

-MoneyLife.in Nearly 130mn (million) investors have investments of over Rs1.12 lakh crore 'stuck' in six companies of the Sahara group. Market regulator Securities and Exchange Board of India (SEBI) has been facilitating the repayment of principal and interest to the investors who invested in optionally fully convertible debentures (OFCDs) of Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara Housing Investment Corporation Ltd (SHICL), the Union government told the Lok Sabha.   In...

-DailyPioneer.com Tax firm’s leaked data includes correspondences with 33 Cos, HNWIs India’s own ‘Panama papers’ are gathering dust with law enforcement agencies and the Delhi High Court (HC). The 1.5 GB leaked data belongs to the tax consulting firm Nishith Desai Associates and includes controversial tax-related correspondences involving 33 of India’s biggest corporates and several high-net-worth individuals (HNWIs). A Delhi-based whistle-blower, who is a software engineer, first got the sensational data and communications...

-The Indian Express Rather than coax the states financially to correct the markets, an unregulated marketplace has been created where 15 crore farmers will be exposed to the skulduggery of traders. Imagine the mayhem in stock markets if ROC and SEBI were similarly made redundant. Just as all ordinances aren’t reforms, all reforms aren’t the “1991 moment” for agriculture. The ordinances announced recently to facilitate trade in agricultural produce were historically resisted...

-The Hindu Narendra Modi has announced a 21-day lockdown starting from midnight tonight as a major step in fighting the COVID-19 pandemic. During the “containment” period of 21 days from March 25, 2020, the following services Will remain open: * Shops, including ration shops, dealing with food, groceries, fruits and vegetables, dairy and milk booths, meat and fish, animal fodder. District authorities to encourage home delivery to minimise individual movement. * Banks, insurance offices and...