RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
RBI tightens oversight on offshore rupee trades with new FX reporting rulesThe Reserve Bank of India is bringing offshore rupee derivative trades under its regulatory watch. Authorized dealers must now report over-...
RBI asks banks to report overseas rupee OTC derivative contracts to CCILIn a move aimed at improving transparency in the derivatives market, the central bank has issued directions on 'Reporting Instructions for ...
Decoding SAFU: The structural integrity checks every cryptocurrency exchange must passAs India's digital asset market matures, investors prioritize counterparty risk and verifiable institutional standards. The article outline...
Bitcoin strongest since February amid mid-east hopesBitcoin surged to its highest point since early February. This rise followed positive comments from the US and Iran, sparking hope for a Mi...
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
Unique transaction ID to be must for OTC derivatives deals: RBIThe Reserve Bank of India will mandate unique transaction identifiers (UTIs) for all over-the-counter derivative trades starting January 1,...
RBI mandates UTI for all OTC derivatives trades from January 1, 2027Unique Transaction Identifier (UTI) will become mandatory for all direct private trades in rupee interest rate and foreign currency derivat...
Sebi comes out with uniform format for reporting OTC trades in non-convertible securitiesUnder the format, information pertaining to deal type whether brokered or direct ISIN, listed or unlisted security, issuer name, coupon rat...
CoinDCX launches OTC desk for institutional crypto trading in IndiaCoinDCX's OTC Desk supplements the cryptocurrency unicorn's existing trading platforms, CoinDCX and CoinDCX Pro, and is aimed at expanding ...
ZebPay launches electronic OTC desk for HNIs and institutional investorsThe Electronic OTC desk also offers sophisticated APIs for automated trading which suits the needs of trading firms, quant funds, instituti...
Dr Reddy's launches heartburn drug in US marketDr Reddy's Laboratories said the combined market of Prilosec OTC and private label omeprazole OTC products had US retail sales of around $4...
Securitised debt, OTC trades to be reported within 15 minutesAll trades in securitised debt instruments and OTC trades in corporate bonds will be have to be reported within 15 minutes of the transacti...
- Futures biz in Euro, Yen on cards, bourses too may get slice of action
The government is looking to deepen the currency futures market by allowing trading in more currencies including the Euro and Yen and on th...
- Low volumes force currency traders to skip arbitrage gains
An oddity was witnessed in the currency market on Thursday, with the rupee on MCX Stock Exchange running at a 12-paise premium intra-day to...
- Govt plans to empower RBI to regulate OTC derivatives
After banks, non-banking finance companies and co-operative banks, the Reserve Bank of India’s regulatory reach on all derivative trades co...