The Economic Times

Sebi board approves FPI play in non-agri commodity derivatives, changes PMS rules

India has officially permitted foreign investors to trade in physically settled contracts for non-farm commodities, aiming to enhance liquidity in the market and align with international standards. Concurrently, portfolio managers are now authorized to manage overseas assets and invest in foreign securities. Strict regulations will ensure that these foreign investors do not partake in the actual delivery of commodities.