Wall Street irked by frantic push to solve EM sovereign debt crises

As government defaults rise to a record in the developing world, the debate is growing frantic over how to solve these debt crises. Restructuring talks are stalling, with some countries turning to old-school sweeteners and others calling to revamp the G20’s Common Framework.

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Sebi mandates 2 new EDs to strengthen MIIs

Sebi has enhanced governance at Market Infrastructure Institutions by mandating the appointment of two executive directors. One ED will manage critical operations, while the other