Ipef
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India stays out of IPEF's trade pillar; will wait for final contours to be decided
•Commerce and industry minister Piyush Goyal said that India would continue to engage with the trade track in the IPEF and will wait for the final contours to be decided on the trade pillar before it formally associates with that track
How India led EAM Jaishankar treads a fine line between Quad and BRICS
Nsathiyamoorthy •Looked at from a geopolitical perspective, India is still riding with China as a fellow traveller and tour-organiser in BRICS-related initiatives and has been even more active in Quad-centric trade initiatives
China sees Joe Biden's new trade deal with 12 Indo-Pacific nations as threat to its dominance in region
•Chinese foreign minister said Beijing will advance its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership Agreement to counter the new trade and economic initiative of the Quad alliance
India will work with partners to build 'inclusive and flexible' Indo-Pacific Economic Framework, says PM Modi
•India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework, which the prime minister said is a declaration of a collective desire to make the Indo-Pacific an ‘engine of global economic growth’
Explained: What is the new Indo-Pacific Economic Framework that India is part of?
Fp Explainers •United States president Joe Biden launched a new Asia-Pacific trade initiative Monday in Tokyo, with 13 countries including India and Japan. The bloc is intended to offer US allies an alternative to China’s growing commercial presence in the region
Co-location case: Sebi directs NSE to pay over Rs 687 cr, slaps ban on exchange officials, brokers
•NSE co-location facility allows stock brokers to take on rent specific racks and co-locate their servers and systems within the exchange premises.
Sebi makes fund-raising easier; comes down hard on fraudsters
Fp Archives •To ensure greater efficacy in exercise of its new powers, Sebi's board cleared new norms for its search and seizure operations, settlement proceedings, refund to investors and crackdown on illicit money-pooling schemes.