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Sebi rejects Anil Ambani's settlement plea over Yes Bank investments, documents show

Economictimes.indiatimes.com 

India's market regulator has rejected Anil Ambani's plea to settle charges related to investments in Yes Bank, potentially leading to a Rs 1,828 crore penalty. SEBI alleges Ambani influenced Reliance Mutual Fund's investment in Yes Bank's bonds in exchange for loans to his group companies. The regulator's rejection cites a significant loss of investor wealth and market impact.



India’s middle class: From colonial clerks to digital citizens

Economictimes.indiatimes.com 

India's middle class has mirrored the nation's transformations, evolving from its colonial roots through post-independence state dominance to market liberalisation. Government policies in recent years have explicitly focused on easing financial pressures and improving urban infrastructure for this group.





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