The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian truce provided support, while the central bank’s interventions also bolstered the local unit. Benchmark sovereign bond yields stayed below 7%.
InvITs industry pushes for easier M&A rules to boost investor interest
India’s InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of control guidelines to match