Brent crude oil prices have surged past $100 a barrel. This spike follows Iranian attacks on commercial shipping. Global financial markets are reacting to supply concerns. The International Energy Agency and the U.S. are releasing oil reserves. Inflation worries are increasing. This situation could lead to stagflation.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin