The Securities and Exchange Board of India (Sebi) has prohibited stock brokers and clearing members (CMs) from creating bank guarantees (BGs) from clients’ funds with effect from May 1. Existing BGs created out of clients’ funds will have to be wound down by September 30 this year. “Currently brokers and clearing members pledge client’s funds […]
By Anita Inder Singh, Multi-aligned India is dependent on America’s foes China and Russia for trade, arms, and oil, respectively. For India, the greatest use of the US is against China, which threatens its territorial integrity and its influence in the immediate South Asian neighbourhood. Paradoxically, India is dependent on both Russia and the US […]
网站备案号: 粤ICP备16118000号-1