Sebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relaxed borrowing norms for liquidity, and AIFs will see faster fundraising. These moves aim to boost capital management for listed firms, with buybacks needing completion within 66 days and 40% funds deployed early. Merchant banker appointments are now optional, lowering costs.
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?
The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged