The revised rules introduce the concept of relevant crypto-assets, expanding the definition of financial assets to include interests linked to crypto assets
Exporters said that storage charges at terminals, demurrage levied by shipping lines, and port-related charges have been skyrocketing as cargo remained stationary.
For India, the Strait of Hormuz disruption has not only affected crude shipments but also the supply of cooking gas, as around 85% of LPG imports pass through this route
The new rules protect bank customers from fraud in digital banking transactions, including UPI payments, Internet banking, mobile banking, debit/credit card transactions and ATM transactions.
The ministry warned that the next two decades could resemble the turbulent inter-war period of the last century, and thus India needs to safeguard macroeconomic and financial stability.
Except for Thursday’s recovery, the benchmarks have declined more than 1% in four of the past five sessions, underscoring the market’s pronounced weakness since tensions escalated in West Asia.
Sebi said the proposed facility will be effective from April 30 and is aimed at ensuring that no units are debited from mutual fund folios until they are unlocked.
The decline in portfolio has also led to a substantial fall in the number of clients being served, with around 50 lakh clients having lost access to formal finance.
He emphasized that India is committed to honour all international obligations related to the movement of goods and services, even as geopolitical tensions and logistical disruptions threaten supply ch ...
