News I read on 18th June

1) SEBI has amended regulations to provide more leeway for companies to raise funds, including reducing the time gap between two qualified institutional placements to two weeks.
Ref: Yahoo Finance

2) The Reserve Bank of India (RBI) on Wednesday proposed to tighten the rules governing home financiers, including putting restrictions on lending to builders and doubling the minimum net owned funds criterion.
Ref: Livemint

3) This month, the VIX is up nearly 10%, but still down 62% from highs of March, which may mean that investor perception of risk is still low despite on-ground challenges.
Ref: Livemint

4) Petrol and diesel prices were on Wednesday hiked for the eleventh consecutive day as part of the daily revision by Oil Marketing Companies (OMCs). Prices of petrol were increased by 55 paise per liter and diesel by 60 paise per liter in Delhi.
Ref: Moneycontrol

5) The liquidity cover for non-banking financial companies (NBFCs) has not been affected much in April and May, as they managed partial collections and on lack of fresh disbursements.
Ref: Business Standard

6) In a landmark decision, the Centre has decided to hive off the Central Transmission Utility (CTU) function of state-owned Power Grid Corporation of India (PGCIL).
Ref: Business Standard

7) The corporation advance tax payments showed a dip of 40 percent as on June 17 over Rs 65,558 cr in the same period a year ago.
Ref: Business Standard

8) Foreign portfolio investments from China in Indian equities stood at Rs 3,257 crore as on March 31. This is four times the amount of Rs 774 crore invested at the end of the previous quarter.
Ref: Business Standard

9) Incentivising R&D, empowering start-ups, and making credit cheaper will help India in its journey towards self-reliance and make it a telecom and technology hub.
Ref: Yahoo Finance

On Monday, NIFTY closed 32.85 Points lower at 9,881.15.

VIX rose by 1.15% and closed at 33.35, the usual safe range for VIX is 12 to 20.

SGX Nifty trading 61.65 points lower at 8:00 am, Indian Time.