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Archive: 06 December 2024

Posts in 06 December 2024

RBI Keeps Repo Rate Unchanged at 6.50%

December 6, 2024 360 Views 0 comment Print

RBI maintains the repo rate at 6.50%, focusing on inflation control and growth support in its December 2024 policy statement.

SEBI Investor Charter Update: Key Enhancements and Protections

December 6, 2024 420 Views 0 comment Print

SEBI updates its Investor Charter to strengthen protections, ensure transparency, and improve grievance redressal for investors through SCORES 2.0 and SMART ODR.

Launch of Revamped Preferential Certificate of Origin (eCoO) 2.0 System

December 6, 2024 486 Views 0 comment Print

DGFT launches the revamped eCoO 2.0 system with new features for exporters. Filing and data migration to begin on December 21, 2024.

BSE: Joint SOP for Release of 1% Security Deposit for Companies

December 6, 2024 597 Views 0 comment Print

BSE announces SOP for the release of 1% security deposit following SEBI’s latest circular, detailing required documents and procedures for listed companies.

RBI Increases Limit for Collateral-Free Agricultural Loans

December 6, 2024 498 Views 0 comment Print

RBI raises the limit for collateral-free agricultural loans to ₹2 lakh, effective January 1, 2025, to address inflation and rising input costs.

RBI Lowers Cash Reserve Ratio by 50 Basis Points

December 6, 2024 291 Views 0 comment Print

RBI reduces Cash Reserve Ratio by 50 basis points, effective December 14 and 28, 2024, as part of liquidity management measures.

RBI Increases Interest Rate Ceilings for FCNR Deposits

December 6, 2024 306 Views 0 comment Print

RBI raises interest rate ceilings on FCNR(B) deposits for banks effective December 6, 2024, offering higher rates till March 31, 2025.

Opinion on WhatsApp on Caste Reservation Not an Offense Under SC/ST Act: Bombay HC

December 6, 2024 2802 Views 1 comment Print

Bombay HC dismisses appeal, ruling WhatsApp messages on caste reservation don’t constitute an offence under the SC/ST Act.

SFIO Probes EV Manufacturers for FAME-II Subsidy Fraud

December 6, 2024 612 Views 0 comment Print

SFIO investigates three EV companies for Rs. 297 crore subsidy fraud under FAME-II. Alleged violations include importing restricted parts from China.

SEBI Consultation on ITM Options Devolvement Framework

December 6, 2024 333 Views 0 comment Print

SEBI seeks input on devolving ITM options into futures to mitigate risks near expiry due to sudden price movements in the derivatives market.

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