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.
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollar
The yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, responding to