Global markets tumbled as escalating US-Iran tensions and prolonged Israeli conflict sent oil prices soaring. Asian shares and futures dipped, with investors bracing for weeks of fighting. This inflationary shock has extinguished hopes for rate cuts, pushing central banks towards hikes and hammering bonds. The dollar strengthened as a safe haven.
Sebi tightens conflict safeguards with recusal framework
In a significant move, SEBI has established a formal framework for recusal among its senior officials. This code mandates that officials withdraw from matters where
July 15, 2026