How can a US recession impact Indian economy, stocks?

A study on US recessions over the past 50-odd years by Nirmal Bang suggests that recessions caused by the Federal Reserve are not uncommon. A saving grace is that recessions caused by Fed tightening are usually shallow and short-lived, and have lasted 1-3 quarters with the average decline in GDP well under 1 per cent. […]

Sebi amends rules for portfolio managers’ investments in ‘associates’

This came after Sebi amended portfolio managers’ rules on Monday that mandated prudential limits on investments in associates and related parties of portfolio managers, the requirement of taking prior consent of clients for such investments and restrictions based on the credit rating of securities.