Gold prices corrected sharply on Friday as result of the positive U.S. employment report. The strong jobs data stoked fears of continued rate hikes from the US Federal Reserve. However, despite the global fall, April gold futures on the MCX gained in morning trade, adding Rs 400 or 0.7% to trade at Rs 56,980. Concerns […]
The Securities and Exchange Board of India (Sebi)’s recent consultation paper which proposes that at least one sponsor of a REIT (real estate investment trust) or InvITs (infrastructure investment trusts) should remain invested in them for the entire tenure comes at a time when these relatively-new investment vehicles are seeing good traction. INvITs and REITs […]