Wall Street experienced a volatile session Wednesday following reports of a potential dismissal of Federal Reserve Chair Jerome Powell, triggering market fluctuations. Equities recovered after President Trump denied the reports, with the Nasdaq reaching a record high. Economic factors, including inflation concerns tied to tariffs, influenced investor sentiment. While bank earnings were strong, their stock performance was mixed.
Sebi proposes to relax limits for approval, disclosure of related-party transactions
India’s markets regulator has proposed relaxing the threshold for which companies need to seek shareholder approval for related-party transactions though a system based on the
August 4, 2025