SEBI advises calm amidst Hindenburg Research's allegations of financial impropriety, while a former minister accuses Congress of a "politics of lies" strategy.
India's market regulator, SEBI, advises investors to remain calm, practice due diligence, and pay attention to disclaimers in Hindenburg Research's report, which alleges financial market impropriety. Former Union Minister Rajeev Chandrasekhar dismissed the report as not credible, accusing the Congress party of adopting a strategy of "politics of lies" over the last 10 years. Chandrasekhar believes the report, which attacks SEBI and its Chairman, aims to destabilize India's financial system and discredit its economic growth.
August 11, 2024
6 Articles