Sebi chief Tuhin Kanta Pandey urged financial sector stakeholders to prioritize professional conscience over mere technical compliance, emphasizing that ethical substance, not just rules, prevents corporate failures. He highlighted that areas like valuations and ESG disclosures require judgment, making technical compliance insufficient and underscoring the crucial role of chartered accountants as custodians of trust.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions