The Securities and Exchange Board of India has launched a new fast-track system for alternative investment funds. This allows schemes to launch quicker after filing documents. Merchant bankers and AIF managers now hold greater responsibility. The regulator will not review draft disclosures beforehand. This change aims for efficient capital deployment by AIFs.
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