Day: December 13, 2023

Sebi probing ties between Adani Group and Gulf Asia fund, say sourcesSebi probing ties between Adani Group and Gulf Asia fund, say sources

India’s market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British Virgin Islands to see if there has been a violation of share ownership rules, two sources with direct knowledge of the matter said. The fund is called Gulf Asia Trade & Investment, the sources said. It is […]

Dollar gains more than expected, Euro, Pound under pressure; rupee could face volatility on RBI commentaryDollar gains more than expected, Euro, Pound under pressure; rupee could face volatility on RBI commentary

By Gaurang Somaiya Rupee at the start of the week consolidated in a narrow range and volatility remained low as investors remained cautious ahead of the important numbers that were expected to be released on the global front. On the domestic front, India’s fiscal balance number was released and data showed the deficit stood at […]