The Indian rupee ended Monday at 84.28 to a US dollar, up 0.2% from its previous close, helped by inflows of the greenback related to the rebalancing of MSCI global equity indexes. This was the strongest one-day gain for the local currency since June 3, LSEG data showed.
Sebi set to launch new UPI mechanism for MFs, brokers
SEBI introduces a new UPI handle, @valid, for registered intermediaries like brokers and mutual funds, starting October 1st, to enhance transaction security. This initiative aims