By Shalini Bhutani | Commentary | October 16, 2017
The 14th Summit between the European Union (EU) and India was held in Delhi, India on 6th October 2017. This was a summit that showed signs of the current changes within EU itself coming to bear on its approach with other countries. EU is keen to have an FTA with India as it prepares to lose a member country (after the British exit from EU) in the foreseeable future. Meanwhile, UK is itself eager to have an FTA with…
By Kavaljit Singh | Briefing Paper # 20 | October 4, 2017
A major policy shift has been taking place in the Indian commodity derivatives market since September 2015, when the commodity regulatory body, Forward Markets Commission, was formally merged with the capital market regulator – the Securities and Exchange Board of India (SEBI). In June 2017, SEBI opened up the commodity derivatives markets to institutional investors for the first time by allowing hedge funds registered as category III Alternative Investment Funds (AIFs) to invest in commodity derivatives as ‘clients’.1
The category…