Ed Yardeni of Yardeni Research suggests President Trump’s criticism of Fed Chair Powell risks undermining the Fed’s credibility and impacting financial markets. While Trump may aim to weaken the dollar, Yardeni believes the Fed’s independence is crucial.
Sebi relaxes re-KYC process for NRIs; removes physical presence clause
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India