Indian stock markets have seen a strong performance, resulting in increased earnings for the Securities and Exchange Board of India (Sebi). In FY24, Sebi’s fee collection from market intermediaries rose 53% to ₹1,851 crore. Major contributors included higher regulatory fees from stock exchanges and increased turnover in both cash and derivatives markets.
Euro hits 17-month low as French debt fears, US inflation lift dollar
The euro reached a 17-month low against the dollar due to worries over France’s budget deficit. Concerns about a potential euro-zone debt crisis have heightened