Abhishek Gaoshinde says India’s scrappage policy aims to transition from an unorganized to an organized system, providing incentives for replacing older vehicles with new ones to curb pollution and foster a recycled economy. The policy remains voluntary, with its success contingent upon the value perceived by vehicle owners opting for the scheme.
Sebi imposes Rs 10 lakh fine on Anand Rathi for violation of stock brokers’ norms
India’s market regulator Sebi fined Anand Rathi Share and Stock Brokers ₹10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity