Sebi has notified rules asking all market intermediaries and companies to make regulatory payments to it by way of direct credit into the bank account through digital payment systems.Under the rules, market intermediaries and companies are required to pay various fees to the Securities and Exchange Board of India (Sebi). In a notification, Sebi said that the fee can be paid to the regulator by way...

Sticking to its commitment of purchasing every single grain produced with sweat and toil, Chief Minister Bhagwant Mann-led government in Punjab on Sunday said it has granted approval of making payment to farmers for procurements under the minimum support price, or MSP. The MSP payment of Rs 5,334.54 core was credited directly into the accounts of nearly 1.84 lakh farmers during the ongoing paddy ...

Prime Minister Narendra Modi will participate virtually in the ‘Griha Pravesh’ event of 4.5 lakh beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) in Satna district of Madhya Pradesh on Saturday.The event on ‘Dhanteras’ day will start at 3 pm at BTI ground in the presence of Chief Minister Shivraj Singh Chouhan, an official has said.“The prime minister will conduct their ‘grih...

Sebi has increased its oversight on alternative investment funds, portfolio managers and market infrastructure institutions by way of inspections.The number of inspections on AIFs and portfolio managers for 2021-22 stood at 13 and 12, respectively, Sebi’s annual report for FY22 showed. This compares with a total of 3 inspections conducted for these segments in the previous fiscal. Inspections on...

The Securities and Exchange Board of India on Monday amended the Sebi (Intermediaries) Regulations, 2008 and replaced the words ‘designated member’ with ‘competent authority’. ‘Competent authority’ has been defined to mean a whole time member (WTM) or an officer of the Sebi board, not below the rank of a chief general manager, as may be designated for the purpose by the board.Prior to ...