Government to delay implementation of laptop, PC import curbs Subject : Economy Section: External Sector Context: The Directorate General of Foreign Trade (DGFT) on August 4 delayed Thursday’s notification restricting imports of laptops, PCs, tablets, and servers to India ‘with immediate effect’ to November 1. What does the notification for the restriction on […]
SEBI looking at standardisation in the corporate bond market Subject :Economy Section: Capital Market In News: SEBI is looking at standardisation in the corporate bond market in a big way on the lines of the G-Secs market. Key Points: G-Sec market is very liquid because the coupon payments, the day count, among others, […]
Fitch Downgrades US Credit Rating Subject :Economy Section: External Sector Context: Global rating agency Fitch Ratings downgraded the United States’ long-term foreign currency issuer default rating from AAA to AA+ with a ‘stable’ outlook. Key Points: The agency cited fiscal deterioration as well as a high and growing government debt burden. In May, […]
NSEL case: SEBI cancels broking licence of MMTC Subject :Economy Section: Capital Market In News: Capital market regulator SEBI has cancelled the stock broking licence of State-owned MMTC as recommended by designated authority in the National Spot Exchange case. Key Points: SEBI has directed MMTC to cease all broking activity owing to involvement […]