The Indian government is considering a 25% safeguard duty on steel imports to address concerns raised by domestic producers about rising imports, especially from China. While over 60% of imports arrive duty-free from FTA countries, the measure aims to protect domestic competitiveness. Imports have increased to 5.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on