EP-393 | From Dalal Street to De-Dollarisation: NSE MD Ashish Chauhan on India’s Financial Rise

EP-393 | From Dalal Street to De-Dollarisation: NSE MD Ashish Chauhan on India’s Financial Rise

Author: Asian News International (ANI) March 2, 2026 Duration: 1:29:17

Ashish Chauhan is the MD & CEO of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, he was part of the founding team that built the NSE. He is credited with bringing several key innovations to India’s stock market. He also served as the MD and CEO of the Bombay Stock Exchange for 10 years.


In this edition of the ANI Podcast with Smita Prakash, he speaks about the much-awaited NSE IPO, how the exchange handles cyberattacks, and how the NSE powers India’s stock market. He advises investors to stay away from social media “tips,” shares his views on India’s options market, and discusses the future of de-dollarisation and India’s growing number of Free Trade Agreements (FTAs).


00:00 – Introduction

00:42 – What Does NSE Do?

06:35 – How NSE Earns Revenue

09:16 – How NSE Powers India’s Stock Market

15:18 – Regulations in Capital Markets

20:02 – NSE IPO Coming Soon?

27:56 – NSE Co-Location Scam

33:12 – 1992 Harshad Mehta Scam

39:23 – India’s Options Market

44:55 – NSE’s Investor Awareness Initiatives

47:29 – Why India Bans Prediction Markets

50:45 – How NSE Survives Cyberattacks

57:29 – Challenges as NSE MD

1:02:09 – Future of De-Dollarisation

1:06:55 – India’s FTAs

1:16:04 – Modinomics vs Manmohanomics

1:23:42 – NSE’s Vision for Viksit Bharat 2047


Conversations that shape our world often happen behind closed doors or in the quiet moments after the headlines fade. ANI Podcast with Smita Prakash pulls up a chair to those discussions, offering a direct line to the minds of influential figures. Hosted by veteran journalist Smita Prakash, this series moves beyond the soundbite, creating a space where politicians, athletes, artists, and thinkers can explore the nuances of the issues that define contemporary India and global affairs. The dialogue here is driven by curiosity and a commitment to depth, allowing guests to elaborate on their perspectives, their decisions, and the personal experiences that inform their public lives. You will hear candid reflections on current events, policy debates, and cultural shifts, all through the lens of those at the center of the story. Produced by Asian News International, the podcast leverages a legacy of journalistic access and integrity, ensuring every conversation is both insightful and substantive. It’s more than an interview; it’s an opportunity to understand the motivations and narratives driving today’s news. For anyone looking to move past the surface and engage with the substance of politics, society, and human endeavor, this podcast provides a consistently thoughtful and compelling listen.
Author: Language: en-us Episodes: 100

ANI Podcast with Smita Prakash
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