In a groundbreaking initiative, the Securities and Exchange Board of India is set to revamp the variable net worth calculation method for stockbrokers. This reform is designed to align capital adequacy with the actual risks of their operations and the size of their client pool.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and