The Securities and Exchange Board of India (Sebi) is proposing to scrutinize market indices heavily used by mutual funds, particularly those with over ₹20,000 crore in assets. A new framework will identify ‘significant indices,’ requiring their providers to register with Sebi. This move aims to enhance investor protection by bringing key benchmarks under regulatory oversight.
Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plant
Tata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency