India’s capital markets regulator, Sebi, has approved Offer For Sale (OFS) for private-listed Infrastructure Investment Trusts (InvITs) through a stock exchange mechanism. InvITs offer investors opportunities to invest in infrastructure projects and provide risks diversification through pooling arrangements.
Gold prices fall on profit-booking
Gold prices in Kolkata experienced a nearly 3% drop, falling to ₹88,401 per 10 gm, triggering a surge in demand from wedding shoppers and bullion