RBI unions urge MPs to stop public debt management agency

Mumbai, Aug 29 :  RBI employee unions have urged MPs and state finance ministers to stop a proposed Public Debt Management Agency (PDMA), saying the move to withdraw the RBI’s powers to regulate government securities will cost the government heavily.

“Holding of government securities by the central bank in a…

Read More

Sebi mulling relaxed norms for REITs, InvITs, startups listing

New Delhi, Aug 28 (PTI) To make domestic capital markets more attractive, regulator Sebi has lined up wide-ranging relaxations to its norms for REITs and InvITs and an easier set of listing rules for startups.

Several attempts are being made to garner due attention from business houses in the…

Read More

Assocham urges Centre to merge policies to relieve homes shortage

New Delhi, Aug 28  Industry chamber Assocham on Sunday urged the union government to merge its various housing policies at a single point to address the housing shortage issue in India, according to a study.

“The Pradhan Mantri Jan Dhan Yojana (PMJDY), which mainly targets lower-end of pyramid, should…

Read More

RBI announces measures for fixed income, currency markets

Mumbai, Aug 26 : The Reserve Bank of India (RBI) here on Thursday announced measures for the development of fixed income and currency markets.

The measures are intended to further market development, enhance participation, facilitate greater market liquidity and improve communication, the central bank said in a statement.

“Accepting many of…

Read More

Jio does Apple, people throng Reliance Stores for free 4G test SIM

New Delhi, Aug 25  If you are in awe of those early morning queues outside Apple Stores globally, hang on. From Bhubaneswar to Ahmedabad and from Lucknow to Mohali, people on Thursday made a beeline — some even as early as 2 a.m. — for Reliance Digital Stores and Digital Xpress…

Read More