Sebi is enhancing transparency in the mutual fund industry by requiring comprehensive disclosures from fund sponsors. The new single application form simplifies the registration for new funds, compelling sponsors to elaborate on their ownership structures, financial stability, and governance practices. Moreover, this revised process mandates compliance with established eligibility criteria and experience norms, ensuring a more robust foundation for mutual fund establishments.
Oil Price Today (October 27): Crude oil below $115 amid peace talk hopes but attacks continue. What are experts saying?
Brent crude futures fell $1.01, or 1%, to $114.80 a barrel, while US West Texas Intermediate crude declined 99 cents, or 1.01%, to $100.88 a