Government may soon legalise put and call options with prospective effect, sources have told CNBC-TV18's Aakansha Sethi. The decision was taken as the government felt that a retrospective effect would have weakened its case against Hindustan Zinc and Balco.
CNBC-TV18‘s Gopika Gopakumar reports that though the government has announced plans to legalise put-and-call options, the RBI has put its foot down on put-and-call options in the realty sector.
CNBC-TV18's economic policy editor Siddharth Zarabi reports that the law ministry has cleared a crucial amendment that will allow greater flexibility for investments via put-and-call options and boost investor sentiment.