💨 Abstract

Tuhin Kanta Pandey, a key figure in the government's divestment and privatization efforts, including the sale of Air India and LIC, has been appointed as the head of SEBI, replacing Madhabi Puri Buch. Pandey, currently the finance secretary, is known for his adherence to rules and clean image. His three-year term begins as markets face bear pressure due to capital withdrawal by foreign investors.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖