SEBI Order-to-Trade Ratio Framework: Key Changes for Algorithmic Trading Explained SEBI Order-to-Trade Ratio Framework has undergone important modifications that will directly impact algorithmic trading strategies, designated market makers, and trading members across Indian stock exchanges. The Securities and Exchange Board of India has refined the Order-to-Trade Ratio (OTR) regime applicable to algorithmic orders placed by Trading Members (TMs). The revised framework will be effective from April 6, 2026. These changes aim to strike a balance […]

India-US Trade Deal Capital Formation: Why Reduced Uncertainty Matters for Indian Markets India-US trade deal capital formation may receive a meaningful boost as easing trade frictions and regulatory overhangs create a more predictable environment for investors, according to the Chairman of the Securities and Exchange Board of India, Tuhin Kanta Pandey. Speaking at SEBI’s inaugural pan-India outreach programme for corporate bonds in Mumbai, Pandey highlighted a fundamental truth of capital markets: capital formation accelerates when […]

SEBI Fit and Proper Test: SEBI’s Proposed Overhaul Signals a Shift Towards Fair, Principle-Based Regulation SEBI fit and proper test is undergoing a significant rethink as the market regulator proposes sweeping changes to one of the most consequential eligibility frameworks governing market intermediaries in India. In a consultation paper released this week, the Securities and Exchange Board of India acknowledged that certain provisions of its existing ‘fit and proper’ framework may be excessively rigid and […]

SEBI FPI Registration Timeline: SEBI’s Bold 5-Day Move to Reignite Foreign Investment Confidence SEBI FPI registration timeline is poised for a significant transformation, with India’s market regulator planning to slash the approval period for Foreign Portfolio Investors (FPIs) from the current 30 days to just 5 days. This decisive regulatory shift reflects SEBI’s renewed focus on restoring global investor confidence and positioning India as a more responsive and efficient capital market. The announcement was made […]

Union Budget 2026 Tax Reforms and the Shift Towards Certainty in India’s Tax Regime Union Budget 2026 Tax Reforms mark a conscious shift in India’s approach to direct taxation. Instead of headline-grabbing tax rate cuts, the Budget focuses on something far more consequential for businesses and investors—clarity, certainty, and predictability. The message from Budget 2026 is unambiguous. India’s tax policy is entering a phase where interpretational ambiguity, procedural disputes, and arbitrage-driven planning are being systematically […]