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The economic liberalisation in India refers to the series of policy changes aimed at opening up the country's economy to the world, with the objective of making it more market-oriented and consumption -driven. The goal was to expand the role of private and foreign investment, which was seen as a means of achieving economic growth and ...
Inter-connected Stock Exchange Ltd. (ISE) is an Indian national-level stock exchange. under the ownership of Ministry of Finance, Government of India. It is responsible for providing trading, clearing, settlement, risk management and surveillance support to its trading members. It started its operation in 1998 [1] in Vashi, Mumbai, [2] and has ...
1989–91 was a period of economic instability in India and hence no Five-Year Plan was implemented. Between 1990 and 1992, there were only Annual Plans. In 1991, India faced a crisis in foreign exchange (forex) reserves, left with reserves of only about US$ 1 billion. Thus, under pressure, the country took the risk of reforming the socialist ...
www.otcei.net. The OTC Exchange Of India (OTCEI), also known as the Over-the-Counter Exchange of India, was based in Mumbai, Maharashtra. It is under the ownership of Ministry of Finance, Government of India. It is India's first exchange for small companies, [3] as well as the first screen-based nationwide stock exchange in India. [4]
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992. [1][5]
U.S. President George Bush and India's Prime Minister Manmohan Singh exchange handshakes in New Delhi on March 2, 2006. The 123 Agreement signed between the United States of America and India is known as the U.S.–India Civil Nuclear Agreement or Indo-US nuclear deal. [1] The framework for this agreement was a July 18, 2005, joint statement by ...
National Stock Exchange was incorporated in the year 1993 to bring about transparency in the Indian equity markets. NSE was set up at the behest of the Government of India, based on the recommendations laid out by the Pherwani committee in 1991 [8] and the blueprint was prepared by a team of five members (Ravi Narain, Raghavan Puthran, K Kumar, Chitra Sankaran and Ashishkumar Chauhan) along ...
[note 1] [1] The Ministry of External Affairs (MEA) is the government agency responsible for the conduct of foreign relations of India. With the world's third largest military expenditure , second largest armed force , fifth largest economy by GDP nominal rates and third largest economy in terms of purchasing power parity, India is a prominent ...