U K Sinha, Chairman of Securities and Exchange Board of India (Sebi) has said that repeated cyber attacks has thrown light on the need for watertight cyber security norms for the highly vulnerable securities market to protect firms and individuals.
Global ratings agency Moody’s Investors Service has revised India’s rating outlook from ‘stable’ to ‘positive’, giving credit to PM Narendra Modi-led National Democratic Alliance government. It is expected that the framework being established by the country's policymakers will promote growth and improve the macro-economic, infrastructure and institutional profile.
