Capital markets regulator Sebi introduced a framework allowing mutual funds to use intraday borrowing to manage temporary liquidity mismatches. Effective April 1, the rules cap borrowing to same-day receivables, restrict usage purposes, mandate board-approved policies, and ensure asset management companies bear related costs and risks.
Gold steadies as traders await US jobs data, monitor Mideast tensions
Gold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This economic data is