The Securities and Exchange Board of India (Sebi) is proposing to review the base price and price bands for Exchange-Traded Funds (ETFs). Currently, a fixed 20% price band is applied, which Sebi believes doesn't accurately reflect underlying volatility. The regulator aims to address issues with using T-2 day NAV and manual adjustments for corporate actions.
Argentina and the United States have reached an expansive trade deal, a win for Argentine President Javier Milei as he moves to open up the South American nations notoriously protectionist economy.
Michael Ferro, the former chair of the Chicago Tribune and the Chicago Sun-Times, was set to meet with disgraced financier Jeffrey Epstein at his Palm Beach home on April 15, 2019, according to emails.
Two banks have already shown interest. Bank of Baroda and ICICI Bank's applications have come, Axis Bank's is a work-in-progress, and a consortium led by Union Bank and Daiichi is also exploring participation, PFRDA chairman Sivasubramanian Ramann said.
