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In the ever-evolving landscape of business transactions, partnerships, and collaborations, uncertainty and unexpected challenges can arise at any moment.
Owing to the mushrooming of passive funds in the past decade coupled with concerns regarding conflict of interest and governance of indices and the fact that market indices are often seen as the barometer of economic growth, it is prudent to govern index providers.
The Central Government recently notified the Foreign Exchange Management (Overseas Investment) Rules, 2022 ("Rules"). In furtherance to these Rules, the Reserve Bank of India...
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