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Aiming to provide greater clarity and transparency, markets regulator Securities and Exchange Board of India (SEBI) has released a new format for disclosures under abridged prospectus, where critical information will be mentioned on the…

Rapid action is needed to update how cross-border financial services are scrutinised and consumers protected as the sector becomes digitalised with "Big Tech" playing an increased role, European Union regulators said on Monday.People…

Finance Secretary TV Somanathan on Wednesday said that cryptocurrencies like Bitcoin and Ethereum, or non-fungible tokens (NFTs) will never become legal tender."Bitcoin, Ethereum or NFT will never become legal tender. Crypto assets are…

The union finance minister’s announcement of taxing virtual digital assets at 30 per cent,in addition to 1 per cent tax deducted at the source (TDS) has sent ripples through the cryptocurrency ecosystem, even as the crypto exchanges remain…

When it comes to construction projects, any type of delay can result in increased costs both for the contractor and their customer. Shortages of certain materials and supply chain constraints in recent years haven’t helped. So it’s not a…

India aims to seek final regulatory approval for the initial public offering of its state-run insurer next week.The draft prospectus for Life Insurance Corporation of India is in the final stages and is awaiting approval from the…

The Securities and Exchange Board of India (Sebi) has advised mutual funds investing in overseas securities to stop further investments in foreign stocks to avoid breach of industry-wide overseas limits, two industry executives…