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Good afternoon and welcome. The meeting of the tax conference committee is scheduled to get underway in about a half hour, so stay tuned here for updates and video.

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There might come a day in the near future, when you can maybe order shirts from Flipkart using a voice assistant in your mother tongue or maybe have an AI-based visual similarity search. These could well be the results of the homegrown ecommerce company’s newly-coined umbrella theme ‘AI for India’.

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What are the financial markets? That’s a good question, because financial markets go by many terms. They include capital markets, Wall Street and even simply “the markets.” Whatever you call them, financial markets are where traders buy and sell assets. These include stocks, bonds, derivatives, foreign exchange and commodities. The markets are where businesses go to raise cash to grow. It’s where companies reduce risks and investors make money.

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A financial market is a broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities, bonds, currencies and derivatives. Financial markets are typically defined by having transparent pricing, basic regulations on trading, costs and fees, and market forces determining the prices of securities that trade.

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