💨 Abstract

The Indian government has initiated the process to appoint a new SEBI (Securities and Exchange Board of India) chief, following the alleged conflict of interest row involving the current chairperson, Madhabi Puri Buch. The Congress party expressed hope that the new appointee will protect the interests of middle-class investors and deal with allegations against the Adani Group fearlessly. The appointment will be for five years or till the candidate turns 65.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖