Sebi has barred Arshad Warsi, Maria Goretti, and 57 entities from the securities market for 1-5 years due to misleading videos promoting Sadhna Broadcast shares. The regulator imposed fines and directed disgorgement of unlawful gains worth Rs 58.01 crore. The scheme involved inflating the stock price through collusive trading and promotional videos to lure investors before a coordinated sell-off.
Rate cuts unlikely in near term as inflation stays sticky: Richard Harris
Global market expert Richard Harris anticipates minimal changes to U.S. monetary policy, emphasizing the Fed’s independence. He notes that Big Tech’s recent profitability stems more