The Indian government has imposed a 12% provisional safeguard duty on specific steel products for 200 days to address a surge in imports. This decision follows a recommendation by the Directorate General of Trade Remedies after a probe initiated by a complaint from the Indian Steel Association. The investigation revealed a significant increase in imports, potentially harming domestic steel producers.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an