00:00Sir, this question is on insider trading. First question is how is SEVI using AI for
00:09real-time detection rather than just reactive enforcement, especially on miscellaneous.
00:14And the second question is on the U.S. target. What is SEVI's contingency plan for the FPI
00:20outflows triggered by the 50% US global targets? Thank you.
00:26I think on the second question, I don't think I understand it because with 15% FPI outflows
00:34are triggering. I don't think that is the... FPI outflows, if you recall, have been there
00:41for quite some time. And in between, they are also coming in primary markets, they are there.
00:48And in secondary markets, they have been outflows. So, FPI's, they react to different global
00:58developments, global opportunities and global relative tax returns and dollar terms across
01:05different jurisdictions. So, they are basically an in and out story. And they are free to visit
01:13and free to enter at any point of time. And they look at opportunities. So, it is not really
01:20specifically this 15% is triggering this. In terms of I think that 15%, this is again, as
01:29as you know that U.S. trade deals was being negotiated by India at some time. And India at one
01:37stage
01:38was based 50% better in several of its areas. And then subsequently it was supposed to be reduced
01:48to 18% and then now it is 50%. And many details are still emerging.
02:07So, AI tools are being increasingly used by us and I think almost everyone will be also
02:15using it. In terms of I think on surveillance, they are beginning to use it. And in terms of
02:25that we are using AI tools. And certainly we are using AI tools more so in
02:30Finfluencers and those who are fast-grossing the line, which is the line which is drawn by
02:38the regular...
Comments