Fresh turbulence in U.S. banks coupled with debt-ceiling worries in Washington will put the recent world-market stability to the test in May. Wednesday’s U.S. inflation data and Bank of England interest rate decision are also highlights on the calendar, whereas the Chinese data will issue a reality check after March’s surprise. UK businesses may see an uptick due to increased buying groceries and buying coronation memorabilia leading up to King Charles’ coronation. Lastly, finance ministers and central bankers from G7 advanced countries are meeting in Japan to address bulging debt burdens, spillover effects of Russia’s war against Ukraine, and global inflation and supply chain pressures.
Sebi board meeting: Regulator eases IPO rules for start-up founders, mandates dematerialisation of securities
SEBI has relaxed ESOP rules for startup founders, allowing them to retain or exercise share-based benefits post-listing, provided they received them at least a year