Without a dramatic shift in policy-making, a dwindling retail investor population will be the trend of the decade

India has entered the new decade brimming with all the confidence that comes from being the world’s second-fastest-growing economy and a preferred destination for global business and portfolio investment. The world, correctly, sees us as a giant potential market, given our large...

The competition between the bourses has assumed nasty proportions. The reason is NSE’s clout with the regulator, the government and the media.

A few weeks ago, SEBI (Securities and Exchange Board of India) chairman CB Bhave congratulated the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for working together to create an exchange-based trading platform for mutual funds. He...

SEBI's consent orders are seen as a quick escape mechanism for anyone who is caught violating market regulations

One of the most industrious departments of the Securities and Exchange Board of India (SEBI) is the one that handles consent applications. It received 666 applications in 2008-09, which is equal to the total applications since the consent process was introduced, and this does not...