Sebi introduced a new framework allowing AIFs to launch AI-only schemes for accredited investors, simplify compliance for LVFs, enable scheme migration with consent and provide key relaxations while strengthening reporting and oversight requirements.Read More
Germany’s 30-year government bond yield rose to its highest since 2011 on Monday, as longer-dated bonds remained weak across the globe on concerns about fiscal sustainability.Read More
Equity indices fell nearly 1% as small and midcap profit-booking dragged markets, with sharp declines in IndiGo, Kaynes, and Eternal, while SpiceJet and Kesoram gained amid weak sentiment from FII outflows and Fed caution.Read More
ICICI Prudential AMC will open its IPO on December 12 as a pure offer for sale worth about Rs 10,600 crore. With strong AUM leadership, rising profitability, and low capital intensity, the AMC enters the market with favourable industry tailwinds, broad scheme offerings, and strong investor visibility through shareholder reservation.Read More
The Indian rupee ended weaker on Monday as a fall in local equities and marginal slip in Asian currencies weighed on the currency, while traders remained cautious on speculative positions as the rupee settles into a fresh trading range.Read More
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