The Reserve Bank of India (RBI) is transitioning toward a principle-based regulatory approach, offering broad guidelines to the entities it regulates while allowing for flexibility in how they achieve compliance, according to Deputy Governor Rajeshwar Rao.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500