The Parliament’s Public Accounts Committee (PAC) meeting scheduled for Thursday was postponed due to SEBI chairperson Madhabi Puri Buch’s unavailability. The postponement comes amidst controversy surrounding Buch and the SEBI, with allegations of conflict of interest raised by Hindenburg Research. The PAC aimed to review SEBI’s performance in light of these allegations.
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The Competition Commission of India (CCI) is under the microscope of the powerful Public Accounts Committee (PAC) of the Indian Parliament. The PAC is conducting a performance audit of the CCI, examining its effectiveness in promoting competition and ensuring fair market practices. The review will cover the CCI’s track record in enforcement, manpower, and its ability to handle the evolving digital economy and the proposed digital competition law.
Future Forward PAC, supporting Vice President Kamala Harris’s presidential bid, is now accepting cryptocurrency donations. This move comes ahead of the November election and signals a potential shift in the Democratic candidate’s stance on crypto. While Harris hasn’t publicly declared her views on crypto, her team has engaged with key industry players like Coinbase and Ripple.