The Central Government, recognizing the importance of public interest, has extended the classification of industries involved in iron and steel as a public utility service under the Industrial Disputes Act, 1947. Originally declared a public utility service on 17th February 2024, the status was set to last for six months, as per the notification issued on 14th February 2024. Given the ongoing need to maintain this classification, the government has exercised its powers under the Act, extending the status for an additional six months from 17th August 2024. This extension ensures the continued operation of these crucial industries under the provisions of the Act, safeguarding public interest and ensuring industrial peace. This notification was published on August 16, 2024.
SEBI Measures to Strengthen Equity Index Derivatives Framework for Increased Investor Protection and Market Stability
SEBI has issued regulations, targeted at stock exchanges and clearing corporations, focus on enhancing investor protection and bolstering market stability. With increased retail participation and