Regulations

Are regulators becoming managers? Concerns grow over autonomy risks

Regulators are increasingly asserting control over MD appointments by rejecting candidate panels submitted by regulated entities, curtailing proposed tenures, and altering remuneration structures

Panel on non-financial regulatory reforms to begin work soon: Finance secy

Finance Secretary and Economic Affairs Secretary Ajay Seth on Saturday said that a high-level committee for regulatory reforms in non-financial sector should be starting its work soon to foster ease of doing business as announced in the Budget 2025-26. Finance Minister Nirmala Sitharaman in her Budget speech last month had announced creation of a high-level committee for regulatory reforms for a review of all non-financial sector regulations, certifications, licences, and permissions. "The committee will be expected to make recommendations within a year. The objective is to strengthen trust-based economic governance and take transformational measures to enhance 'ease of doing business', especially in matters of inspections and compliances. States will be encouraged to join in this endeavour," she had said. Observing that a number of structural reforms have been announced in the last 10 years, Seth said, at the same time keeping those reforms in tandem with the technological ...

Regulations should safeguard, not stifle: RBI Governor Sanjay Malhotra

Important to make financial systems secure, need to be mindful of not stifling investments

Excessive data, digital tools regulation can slow MSMEs expansion: Survey

A majority of MSMEs surveyed expressed that excessive regulation over data and digital tools can create constraints for them and deprive them of tech gears necessary for scaling the business and reaching new markets and customers, a report has said. India SME Forum conducted a survey among more than 1,000 MSMEs for insights into the integration of digital tools within their operations, the report said. A majority of respondents said that excessive regulation could create constraints for MSMEs, depriving them of digital tools necessary for scaling their businesses, reaching new markets, and sustaining competitiveness, it said. Digital tools serve as a cost-effective and scalable means to compete with larger enterprises and establish their brands. "Many MSME members have expressed that the current overall regulatory framework for personal data and non-personal data is overly restrictive, creating compliance burdens that hinder their ability to market effectively and engage with ...

Responsible regulation: The key to reform in an era of deregulation

As deregulation gains momentum, here are nine points to consider when crafting governing regulations

Cutting red tape: Deregulation panel must conduct a broad assessment

The government must direct the new commission to conduct a wide-ranging assessment of all existing regulations. They should be evaluated along multiple axes

Running episodic deregulation: Every project must clear three questions

Reasoning about regulation involves comparing the costs and benefits. Full freedom allows the people to pursue economic efficiency

Ranveer Allahbadia moves Supreme Court over FIRs on controversial remarks

A bench led by Chief Justice Sanjiv Khanna, along with Justice Sanjay Kumar, has acknowledged the request made by Ranveer Allahbadia's lawyer

Sebi issues manual to provide guidance on Industry Standards Fora

Sebi on Wednesday said it has released the Industry Standards Recognition Manual to provide guidance on the formation and functioning of Industry Standards Fora, which help in implementing regulatory instructions. The Securities and Exchange Board of India (Sebi) had launched a pilot programme for Industry Standards Fora (ISFs) in July 2023, to develop implementation standards for regulatory guidelines. Initially, the ISFs were set up for listed companies and stock brokers. Based on feedback from market participants and industry bodies, while similar fora were later introduced for other stakeholders, including portfolio managers, custodians, designated depository participants, and alternative investment funds, Sebi said in a release. The market participants found these ISFs useful in facilitating good governance and high quality compliance with regulatory directives but also ensuring ease of compliance, it added. However, the ISFs are operating as pilot programmes, as there are no

Budget 2025: Govt shows resolve to take bold steps for transforming economy

Among the key pillars of this Budget, as highlighted by Finance Minister Nirmala Sitharaman, is a sweeping regulatory reform agenda aimed at reducing red tape and fostering a pro-business environment

Skilled labour, simplification of regulations to propel services: Survey

According to the Economic Survey 2024-25, its share in total GVA at current prices has risen from 50.6 per cent in FY14 to around 55 per cent in FY25

Economic Survey: Independent agency mooted to assess financial regulations

May be tasked with providing an impartial, objective assessment of regulatory processes and outcomes

Deregulate to grow: Eco Survey says India needs Ease of Doing Business 2.0

The Economic Survey 2024-25 highlights the need for deregulation to enhance investment efficiency, reduce compliance burdens, and support MSMEs, industrial competitiveness, and job creation

Strengthening regulatory bodies: Key reforms for efficiency, accountability

This column is not focused on analysing the performance of regulators, but rather on examining certain broad core issues that need to be addressed

RBI lifts lending restrictions from JM Financial's non-banking unit

JM Financial's non-banking unit can now immediately offer loans against shares and debentures, according to a brief statement from the financial services group

India, EU regulators in negotiations as October deadline on oversight looms

The Reserve Bank of India denied European Securities and Markets Authority's request to co-supervise Indian transactions, citing concerns over "extra-territorial reach"

Sebi bars Seacoast Shipping promoters, orders impounding of Rs 84 cr

The market regulator has directed Shah and six others to impound the illegal gains amounting to over Rs 84 crore and barred Seacoast from raising any money from the public

Govt to release fresh broadcasting Bill draft after detailed consultations

The government is likely to reconsider the contentious provisions of the Broadcasting Services Regulation Bill that had raised concerns among online content creators as it sought to club them with OTT or digital news broadcasters. The Bill was released for consultations in November last year and a fresh draft was circulated among select stakeholders for their views. An official said that the government may be open to reviewing certain clauses of the Bill as it had drawn sharp reactions from a section of media representatives. Addressing a press conference here last week, representatives of DigiPub News India Foundation, an organisation representing more than 90 digital news publishers, and the Editors Guild of India said the Ministry of Information and Broadcasting held closed-door consultations with selective stakeholders and larger discussions with digital media organisations and associations of civil society have so far not taken place. They had written to the Ministry seeking .

Sebi proposes measures to curb speculative trading in index derivatives

Sebi also proposed weekly options contracts to be provided on a single benchmark index of an exchange and brokerages to collect option premiums on an upfront basis from their clients

PwC names in-house executive as its new China head amid regulatory scrutiny

PwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effect from July 1