The Finance Ministry constituted an expert committee headed by former SEBI chief M. Damodaran to examine and suggest measures to address regulatory issues to scale up investments by venture capital (VC) and private equity (PE).
The wholesale price index- (WPI-) based inflation rate for August decelerated for the third consecutive month to an 11-month low of 12.41 per cent as pricing pressure from manufactured and fuel items eased despite an increase in food inflation.