Indian regulators plan panel to weigh derivatives risk, sources say

India’s top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and suggest policy changes if required, two sources familiar with the matter said. Options trading in India has soared in the last five years, fuelled mainly by retail investors. The notional value of index options traded … Read more

tyres: Mandatory quality control norms for 70 sizes, types of tyres from next year

Around 70 types and sizes of tyres, manufactured by more than one company, will come under the mandatory quality control norms from March next year. The Department for Promotion of Industry and Internal Trade (DPIIT) will soon notify these tyres, based on the recommendation of an inter-ministerial committee, officials said. The department will notify an … Read more