India’s Finance Minister Nirmala Sitharaman is boosting efforts to raise funds and control the fiscal deficit. The government is protecting citizens from rising crude oil prices. Lockdowns are not planned. She urged leaders to avoid spreading rumors. Excise duty on petrol and diesel has been cut to manage domestic inflation and volatility.
Sebi warns listed firms, regulated entities against rising ‘Boss Scam’ cyber fraud
Sebi has issued a warning to all regulated entities regarding a rising cyber fraud known as the ‘Boss Scam’. In this scheme, fraudsters masquerade as