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Sunday, August 11, 2024

Buchs, Sebi, Adani, fund deny Hindenburg allegations

Sebi chairperson Madhabi Puri Buch and her husband, Dhaval, refuted allegations by Hindenburg regarding their investments linked to Adani stocks. They stressed the investments were made when they were private citizens and were fully disclosed. Sebi backed them, emphasizing adherence to regulations and market integrity. Adani dismissed Hindenburg's claims as manipulative.

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'Wait for greater clarity': US Fed to hold off altering interest rates

Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. ...