Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once, with reasons documented and monitored by trustees. AMCs must specify achievable timelines in scheme documents.
India & EU discuss ways to clinch FTA; HiTech, climate also in focus
European Commission President Ursula von der Leyen and India’s external affairs minister S Jaishankar have discussed advancing the free trade agreement and cooperation in sectors