Economic news

India Markets Regulator Taking Measured Approach on Equity Derivatives Rules, Chair says

Feb 4 (Reuters) - India's markets regulator is taking a methodical approach to regulating equity derivatives and is not contemplating any immediate measures, Chairman Tuhin Kanta Pandey said on Wednesday.

The Indian government in the federal budget raised transaction taxes on equity derivatives to curb speculative trading.

Separately, the regulator will engage with market participants on implementing proposals announced in the budget to deepen the corporate bond market, Pandey said.

Reporting by Khushi Malhotra in Mumbai, Writing by Surbhi Misra in Bengaluru; Editing by Sonia Cheema

Source: Reuters


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree