• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, July 15, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Exempt stock mkt entities, their workforce from lockdown: Centre tells states

Press Trust of india by Press Trust of india
March 24, 2020
in BUSINESS
A A
0
Exempt stock mkt entities, their workforce from lockdown: Centre tells states
FacebookTwitterWhatsapp

New Delhi, Mar 23:  The Centre has requested chief secretaries of all states to exempt services of Sebi-regulated stock market entities as well as related workforce from the purview of lockdown imposed to curb spreading of coronavirus infections.

The move comes against the backdrop of alleged instances of brokers, depository participants and other personnel related to stock markets facing difficulties in commuting to their workplaces.

Related posts

IBC to end crony capitalism in India: Niti Aayog

Indian exports to US to be more competitive after tariff hike on China, other countries: Niti Aayog

July 15, 2025

I-T Dept cracks down on fraudulent claims of deductions, conducts searches across states

July 15, 2025

In a letter, Cabinet Secretary Rajiv Gauba has requested that services of Sebi-regulated stock market entities be exempted from the purview of lockdown.

“Further, essential staff related to these agents should be allowed to commute so as to ensure that these establishments function smoothly,” as per the letter addressed to Chief Secretaries of States and Administrators of Union Territories.

Domestic stock market suffered its worst-ever single-day crash on Monday, with the benchmark indices plummeting as much as 13.15 per cent as sell-off continued amid rising coronavirus cases.

In the wake of the coronavirus outbreak, many states have announced partial or complete lockdown, to curb spreading of infections. Besides, authorities are encouraging social distancing as part of dealing with the situation.

“It is pertinent to mention that stock markets are critical for the economy and as such its various constituents are important financial market institutions,” the letter said.

At least three states Maharashtra, Gujarat and Rajasthan have already issued clarifications to authorities to allow employees working in exchanges and broking offices to commute to their offices.

On Monday, stock brokers association Anmi asked markets regulator Sebi to include brokers and depository participants under essential services. The Association of National Exchanges Members of India (Anmi) has around 900 stock brokers as members.

Previous Post

Modi asks India Inc to maintain production lines of essential commodities, prevent black marketing

Next Post

JK High Court issues directions regarding court workings

Press Trust of india

Press Trust of india

Next Post
JK High Court issues directions regarding court workings

JK High Court issues directions regarding court workings

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ePaper

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2024 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2024 Kashmir Images - Designed by GITS.