For the past two years, global markets have been dominated by a series of seemingly unrelated investment themes. Artificial intelligence (AI) companies have announced hundreds of billions of dollars in data center spending. Governments have stepped up investments in semiconductor manufacturing, defence production and electricity grids. Energy transition projects are accelerating, while countries are racing…

This policy change modifies the earlier rule under SEBI’s master circular for depositories, which strictly required 100 per cent of the interest or income earned from the Investor Protection Fund to be credited directly back into the fund corpus. The Securities and Exchange Board of India (SEBI) has relaxed norms governing how depositories utilise income…