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Wall Street stocks rebounded sharply in late trading Monday, reversing earlier losses after President Trump indicated the U.S.-Iran conflict might be nearing an end. This late surge followed a volatile session driven by oil price fluctuations and concerns over potential stagflation, with tech shares leading the gains.
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The Securities and Exchange Board of India has resolved cases with 29 venture capital funds. These funds faced allegations of violating securities laws. They have agreed to pay a total of approximately ‘2 crore. The settlements address non-compliance with older rules regarding venture capital funds. This involved holding investments beyond the permitted liquidation period.
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Nasdaq on ​Monday announced it will collaborate ​with Payward, parent company of cryptocurrency exchange Kraken, to ​develop tokenization infrastructure, aiming to capitalize on the growing interest in blockchain-based equities.
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