IndiGo airlines is bracing for a potential surge in aviation insurance costs upon policy renewal, influenced by escalating geopolitical risks and diminished reinsurance capacity following the recent Air India plane crash. The crash could lead to substantial hull and liability claims, impacting global reinsurance markets.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an