SEBI mulls over overhaul of ‘fit and proper person’ framework governing market intermediaries

In its consultation paper, SEBI has suggested amendments to Schedule II of the Intermediaries Regulations, 2008. | Photo Credit: File Photo Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday (February 4, 2026) proposed a comprehensive overhaul of the ‘fit and proper person’ framework governing market intermediaries, aiming to bring greater procedural clarity…

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Rupee falls 11 paise to close at 90.43 against U.S. dollar

This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 11 paise to 90.43 (provisional) against the U.S. dollar on Wednesday (February 4, 2026), after a sharp rally in the previous trading session following India-U.S. trade deal announcement, on suspected dollar buying by corporates and importers. Forex traders said…

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Rupee may close 2026 at ₹93 on FDI outflows and expensive non-Russian crude

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee-dollar pair may depreciate to ₹93 by the end of the current calendar year as foreign direct outflows continue and India decided to purchase the relatively expensive non-Russian crude oil, according to Fitch ratings. The rupee which had depreciated 5% crossing ₹92 a dollar…

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