Sebi Clarifies on Debt Sale Approval Norms Post Mkt Queries

Sebi Clarifies on Debt Sale Approval Norms Post Mkt Queries

The Securities and Exchange Board of India (Sebi) has provided clarification on recently amended norms on approvals for debt sales, following feedback from market players who had flagged operational difficulties in carrying out bond issuances due to the regulations. With effect from September 18, 2024, inserted vide Sebi’s regulations on issue and listing of non-convertible … Read more

DA hike: 3% hike in DA, DR from July 2024 expected in September. Check details on salary, increment

DA hike: 3% hike in DA, DR from July 2024 expected in September. Check details on salary, increment

DA hike: The Centre is anticipated to make an announcement regarding the second hike in Dearness Allowance (DA) and Dearness Relief (DR) for employees and pensioners from July 2024 in September. It is estimated that the government led by Prime Minister Narendra Modi might sanction a 3% increase in DA and DR during this phase. … Read more