Sebi has eased compliance requirements for FPIs investing exclusively in government securities, removing the need to furnish investor group details. The move follows the RBI’s decision to withdraw concentration limits for such FPIs under the General Route.
Rupee declines first time in eight sessions as Brent oil prices rise above $112
On Thursday, the Indian rupee declined for the first time in eight trading sessions. This occurred even amid foreign portfolio investment inflows for the Jio