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The settlement comes a month after the Justice Department sued the ships owner Grace Ocean Private Ltd. and manager Synergy Marine Group, both based in Singapore, seeking to recover funds from the cleanup.
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News and Media
Latest data published by the RBI showed that in April and May, the central bank purchased dollars worth $8 billion and $23.6 billion, respectively, in the currency market, while making sales worth $11.7 billion and $19.4 billion.
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News and Media
A section of wealth managers points out that there has been rapid growth in the mutual fund industry, with 9.7 million new investors coming in the last 12 months. As valuations in equities are no longer cheap and with many first-time investors moving from bank deposits, the need for low-volatility products has multiplied.
Category:
News and Media
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