The Securities and Exchange Board of India (Sebi) plans to put in place a mechanism to ensure that the client money or float does not remain with brokers even for a single day. The regulator aims to implement this in the next six months and has formed a committee to streamline the process for the […]
With an increase in coverage of crop insurance amongst the farmers, expenditure under the Prashan Mantri Fasal Bima Yojana (PMFBY) is projected to increase by 28% in current fiscal to Rs 17, 500 crore compared to budget estimate (BE), official sources said. Against a BE for FY24 at Rs 13,625 crore, the finance ministry has […]