The Reserve Bank of India and the European Securities and Markets Authority have signed a memorandum of understanding, resolving a two-year dispute over supervisory oversight of India’s central clearing agencies. This agreement facilitates cooperation and information exchange, paving the way for European recognition of Indian clearing houses and potentially enhancing European access to India’s financial markets.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,