{
  "id": 17525538,
  "title": "SEBI chief sets three conditions for Calcutta Stock Exchange revival",
  "url": "https://urgent.news/2026/11/01/sebi-chief-sets-three-conditions-for-calcutta-stock-exchange-revival",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-01T03:27:50.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/cities/kolkata/sebi-chief-calcutta-stock-exchange-revival-trade-investment-technology-10945516/"
  },
  "original_language": "en",
  "account": null,
  "summary": "SEBI Chairman Tuhin Kanta Pandey has outlined three key conditions for the revival of the Calcutta Stock Exchange (CSE), stating that the exchange must meet stringent financial, technological, and regulatory requirements before it can resume trading. Pandey emphasized that the CSE must demonstrate a minimum net worth of Rs 100 crore and achieve an average annual turnover of Rs 1,000 crore to operate as a stock exchange. He also highlighted the need for the exchange to submit a business plan, build a sustainable business model, and invest in technology, including an online, screen-based trading system, online surveillance capabilities, cybersecurity controls, and a nationwide network of trading members with adequate facilities. The CSE must also settle all outstanding dues payable to brokers and other stakeholders and establish a separate clearing corporation or enter into an arrangement with an existing clearing corporation for the settlement of trades.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "CSE revival hinges on trading volumes, technology investments, says SEBI chief",
        "url": "https://urgent.news/2026/10/31/cse-revival-hinges-on-trading-volumes-technology-investments-says",
        "published": "2026-10-31T10:34:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}