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: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.