Sebi is set to consider proposals to allow FPIs to net cash market trades, aiming to reduce costs and boost foreign investment amid record outflows. The regulator also plans to review ‘fit and proper’ criteria for intermediaries, potentially removing automatic disqualification for individuals facing unproven economic offense allegations.
Dollar near two-month trough as US inflation data awaited
The US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and sterling gained strength, while the