Gold prices started the week negatively as mixed US data and weak European economic data increased the strength of the greenback. Although the dollar index started to ease on Tuesday, it recovered during the first half of the week due to positive Chinese sentiment and an upcoming FOMC meeting.
Sebi permits all NBFCs, HFCs to invest in security receipts by Asset Reconstruction Cos
Markets regulator Sebi has allowed all non-banking financial companies (NBFC), including housing finance companies, to invest in security receipts issued by Asset Reconstruction Companies (ARCs),