Tokyo stocks dropped over three percent on Thursday morning, impacted by a rise in the yen following the Bank of Japan’s interest rate hike and the Federal Reserve’s indication of a potential rate cut later in the year.
LIC shares slip after Sebi’s crackdown on Rajesh Exports. What’s the connection?
Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The company faces allegations of significant financial irregularities and non-cooperation.