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.
Oil Price Today (July 15): Crude oil above $86 as US-Iran exchange fresh strikes. Bigger surge brewing?
Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas Intermediate (WTI) closed at its strongest level