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Day: August 3, 2017

SEBI forms committee on fair market conduct

The panel, under the chairmanship of former law secretary T K Viswanathan, would suggest measures for improvement in PIT (Prohibition of Insider Trading) norms, PFTUP (Prohibition of Fraudulent and Unfair Trade Practices) regulations and mainly related to ‘trading plans’ and handling of ‘unpublished price sensitive information’ during takeovers.

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BRICS nations vow to fight protectionism

Trade ministers from BRICS countries pledged to rise against protectionism and safeguard the multilateral trade system after concluding their annual meeting in Shanghai Wednesday.
The member countries, Brazil, Russia, India, China and South Africa, are also members of the WTO, playing a major part in global economic governance, according to a statement released after the meeting.
Ministers agreed to firmly oppose protectionism and pledged to annul any protective measures,

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