BSE and NSE’s new guideline: If there is a technical error in the exchange, then the members will fill 20 thousand per day.

Agency, New Delhi.

Published by: Jeet Kumar
Updated Saturday, 18 December 2021 06:30 AM IST

Summary

A technical glitch is a defect in the hardware, software and other products and services provided by members.

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Major stock exchanges BSE and NSE have issued new guidelines to avoid technical errors during trading. Accordingly, if the members do not report the error to the exchange within the stipulated time, they will have to pay Rs 20,000 per day till the system runs smoothly.

The circular states that technical defects include defects in hardware, software and other products and services provided by members. Such members who have a specific registered subscriber count of more than 50 thousand must abide by these rules.

These members must notify the Exchange within two hours of any technical error. However, members will be given 12 months to implement it.

The Prime Minister is seeking advice for the budget from global investors
Prime Minister Narendra Modi on Friday met with big investors around the world and sought suggestions for the next budget. Sources said Modi discussed ways to increase investment and facilitate business through video conferencing. Its purpose is to attract more capital and provide reform plans within the budget.

The prime minister’s intention is to take suggestions for changes from global investors before the budget so that they can work on favorable policies and make the country more attractive for investment. Also in November, Modi met with 20 major global investors.

Range

Major stock exchanges BSE and NSE have issued new guidelines to avoid technical errors during trading. Accordingly, if the members do not report the error to the exchange within the stipulated time, they will have to pay Rs 20,000 per day till the system runs smoothly.

The circular states that technical defects include defects in hardware, software and other products and services provided by members. Such members who have a specific registered subscriber count of more than 50 thousand must abide by these rules.

These members must notify the Exchange within two hours of any technical error. However, members are given 12 months to implement it.

The Prime Minister is seeking advice for the budget from global investors

Prime Minister Narendra Modi on Friday met with big investors from around the world and sought suggestions for the next budget. Sources said Modi discussed ways to increase investment and facilitate business through video conferencing. Its purpose is to attract more capital and provide reform plans within the budget.

The prime minister’s intention is to take suggestions for changes from global investors before the budget so that they can work on favorable policies and make the country more attractive for investment. Also in November, Modi met with 20 big global investors.

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