Oil prices fell on Tuesday. This decline follows expectations of increased global supply. OPEC+ plans to approve a production boost this weekend. Iraq’s Kurdistan region also resumed crude oil exports via Turkey. These developments reinforce concerns about a looming market surplus. Traders remain cautious regarding future demand.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries