Latest news with #SecuritiesExchangeBoardofIndia
India.com
a day ago
- Business
- India.com
SEBI Proposes Easier Norms For Resident Indian Participation In FPIs
New Delhi: The Securities Exchange Board of India has proposed easier norms for resident Indians and mutual funds to invest in foreign funds. The regulator proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsors or managers to register as FPIs. The investment limit is capped at 10 per cent of the targeted corpus, in line with IFSC rules, a release from SEBI said. The suggestion is to replace the sponsor and manager with a fund management entity or associate for IFSC FPIs. SEBI has also proposed allowing Indian mutual funds to invest in overseas funds with India exposure. These proposals aim to increase investment options for Indian investors to diversify their portfolios. If implemented, these reforms could bridge the gap between India's domestic savings pool and international opportunities. Currently, only certain institutional investors meeting SEBI's criteria can register as FPIs to invest in foreign securities. The proposed changes focus on retail-oriented investment schemes set up in IFS, which would allow a broader range of India-based entities to channel domestic capital into foreign assets through a regulated framework. At present, non-resident Indians (NRI), overseas citizens of India (OCI) or resident Indians are not eligible to register as FPIs. However, NRIs, OCIs or resident Indian individuals are permitted to be constituents of FPIs, subject to certain conditions in terms of limits on contribution and control of the FPIs. The Reserve Bank of India's liberalised remittance scheme permits individuals to remit up to Rs 2.5 lakh annually for overseas investments. Retail investors depend on indirect channels and FoF opportunities in global mutual funds for foreign market exposure. IFSC is a special economic zone (SEZ) acting as a global financial hub within India, allowing institutions to conduct international financial transactions and operations. The capital market regulator has sought public feedback on its proposals till August 29.
Business Standard
23-07-2025
- Business
- Business Standard
Number of unique investors in India spikes from 4.2 crores in March 2020 to 13 crores now
Ananth Narayan, Whole Time Member of Securities Exchange Board of India or SEBI has noted in a speech that over the past few years, we have witnessed an extraordinary transformation in Indias investor landscape. The number of unique investors in our capital markets has grown from 4.2 crores in March 2020 to 13 crores today. Between April 2019 and June 2025, domestic investors brought in over Rs 18 lakh croresor approximately USD 210 billioninto risk-seeking, equity-oriented mutual fund schemes. To put this in perspective, this is more than seven times the net inflows of USD 29 billion from Foreign Portfolio Investors (FPIs) into our equity markets during the same period, he noted further.
Business Standard
18-07-2025
- Business
- Business Standard
SEBI calls for more deepening of cash equities markets, highlights dominance of very short-term contracts in derivatives market
Securities Exchange Board of India or SEBI, the domestic capital markets regulator has called for a constructive engagement from all stakeholders on the derivatives market amid high investor losses. Speaking at an event organised by the CII in Calcutta, Sebi whole-time member Ananth Narayan G said that there is no question that derivatives and indeed, speculation are vital for price discovery, hedging, and ensuring market depth. But certain trends in our equity derivatives ecosystem have warranted a closer look for a while now as very short - term derivatives dominate our equity derivative volumes. Research has suggested that expiry day option trading increases market volatility and could lead to noise trading that may potentially undermine confidence in price formation. Unlike longer term derivatives, short - term derivative products such as expiry day trading in index options may detract from capital formation. He noted that as many experts have pointed out, our Indian derivative market ecosystem is quite unique, in that on expiry days, comparable turnover in index options are often 350 times or more the turnover in the underlying cash market - an imbalance that is obviously unhealthy, with several potential adverse consequences. He opined that we must look for further ways to further deepen our cash equities markets, even as we look to improve the quality of our derivatives market by extending the tenure and maturity of the products and solutions on offer.
CNBC
04-07-2025
- Business
- CNBC
Indian regulator bars U.S. trading firm Jane Street from accessing securities market
The Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India's securities market, according to an order posted on the regulator's website on Friday. The order stated that the American trading firm's "entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly." It further stated that banks have been directed to ensure that "no debits are made, without permission of SEBI," for accounts held by Jane Street's entities either jointly or individually. CNBC has reached out to SEBI and Jane Street for comment.
Hindustan Times
27-06-2025
- Business
- Hindustan Times
IT officer duped of ₹91.67 lakh by cyber frauds
MUMBAI: A 46-year-old official from the Income Tax department was duped of ₹ 91.67 lakh in an investment fraud by some unidentified cyber frauds. On Monday, a case was registered against the unidentified individuals for cheating and forgery. The Cyber police are investigating the case. IT officer duped of ₹ 91.67 lakh by cyber frauds According to the police, the victim came across videos of Rachana Ranade, a chartered accountant and an investment expert, on social media and expressed her interest in investing through the link mentioned in the post. She had also shared her contact details, after which she was added to a WhatsApp group where investment tips were shared, a police officer from the cyber cell said. She told the police that many people on the WhatsApp group were making immense profits, which encouraged her to invest similarly. She reached out to the group admin to get more details on how she could invest in order to make profits, as seen on the WhatsApp group. 'They sent her a link through which she could install a mobile application. The app's name was similar to a multinational bank's name. She initially invested a small amount and made a 15% profit immediately. They also sent her forged acknowledgement letters from the multinational bank and Securities Exchange Board of India (SEBI) to gain her confidence,' said the police officer. 'The initial profit was credited to her bank account by the frauds to gain her confidence.' From May 15 to June 3, she invested an amount of ₹ 57.67 lakh by transferring the amount to various accounts as directed by the frauds, and the app reflected ₹ 4 crore profit. On June 3, when she tried to withdraw the amount, she was asked to pay an amount of ₹ 34 lakh as a service charge to withdraw her profits. 'She paid the amount and then tried to withdraw the money. She was again asked to pay a security deposit of ₹ 40 lakh. She then realised she had been cheated. She was duped of ₹ 91.67 lakhs in total, ' said the police officer. The police have registered a case against the unidentified individuals under sections 318 (cheating), 319 (cheating by personation), 336 (forgery), 338 (forgery of valuable securities, wills, and other documents) and 340 (fraudulent or dishonest use of a forged document or electronic record) of the Bharatiya Nyaya Sanhita and relevant sections of the Information Technology Act.
