SEBI has approved compliance relaxations for Foreign Portfolio Investors (FPIs) investing exclusively in Indian government securities (G-Secs) to simplify onboarding and improve ease of business. The move aligns KYC timelines with RBI norms, removes investor group disclosure for FAR route investors, and allows NRIs/OCIs to participate with certain restrictions.
Donald Trump said, ahead of the Federal Open Market Committee’s (FOMC) policy announcement, “We have a stupid person at the Fed."
Jerome Powell-led FOMC keeps its key interest rates unchanged at 4.25%-4.50% for the fourth time in a row, in line with the market expectations.
Sebi's board has approved amendments to ease business operations for REITs, InvITs, and merchant bankers. These changes include greater cash-flow flexibility, clearer public unitholding definitions, harmonized reporting timelines, and r ...more
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