India has overtaken the UK to become the world’s fifth-largest economy and is now behind only the US, China, Japan and Germany, according to IMF projections. A decade back, India was ranked 11th among the large economies while the UK was at the fifth position.
Sebi warns of no regulatory recourse for investors trading in unlisted securities
Sebi has cautioned investors against trading unlisted securities through unauthorized websites and electronic platforms. The regulator said such platforms operate outside its oversight, leaving investors