Securities and Exchange Board of India (Sebi) is proposing significant governance changes for alternative investment funds. The regulator aims to standardize investor consent, enhance oversight of conflict-of-interest deals, and introduce a uniform 75% approval threshold for key decisions. This move seeks to address inconsistencies in current rules and ensure greater transparency and fairness for investors across all AIF regulations.
Oil ticks higher as Iran’s refusal to meet US envoys dims ceasefire hopes
Oil prices saw an uptick as Iran’s refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent declines following conflict de-escalation, analysts