SEBI proposes to increase resident Indian participation in Foreign Portfolio Investments by enabling retail schemes in IFSCs to register as FPIs and aligning contribution limits. Indian mutual funds may also become constituents of FPIs, allowing investment in overseas funds with Indian securities exposure. Public feedback is invited by August 29, 2025, potentially reshaping FPI operations in India.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major