The Indian Rupee saw a significant rise against the US dollar in early trading. This appreciation is supported by a weaker dollar index and positive movement in domestic stock markets. Foreign fund inflows and a large dividend announcement from the Reserve Bank of India also boosted the rupee. Market participants are awaiting key economic data releases this week.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and