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Sebi's board has approved amendments to ease business operations for REITs, InvITs, and merchant bankers. These changes include greater cash-flow flexibility, clearer public unitholding definitions, harmonized reporting timelines, and reduced minimum investment for privately placed InvITs. Merchant bankers can now conduct certain non-Sebi-regulated financial services under the same entity, subject to regulatory safeguards, enhancing operational efficiency.
Donald Trump said, ahead of the Federal Open Market Committee’s (FOMC) policy announcement, “We have a stupid person at the Fed."
Jerome Powell-led FOMC keeps its key interest rates unchanged at 4.25%-4.50% for the fourth time in a row, in line with the market expectations.
Decision taken mitigate impact of a combination of factors, including inspections and airspace restrictions in West Asia
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