India’s market regulator Sebi has issued a show cause notice to six Capital Group FPIs for alleged lapses in trade confidentiality. Two traders reportedly shared sensitive order details with Singapore-based Rohit Salgaocar, who then allegedly passed them to market operator Ketan Parekh. This enabled a front-running network to profit from illicit gains.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend