Sebi has asked the government to approve tax breaks for municipal bonds to fund grass-root infrastructure. Currently, India’s municipal bond market is 0.6% of the nation’s bond market, contrasting with the US’s $4 trillion market. Sebi is also planning steps to enhance investor protection in the futures and options (F&O) segment.
GIFT Nifty records all-time high monthly turnover of $100.7 billion in September
GIFT Nifty achieved a new milestone with a monthly turnover of $100.7 billion in September 2024. This surpasses its previous record of $100.13 billion set