Sebi signals more relaxations to ease onboarding of foreign investors

The Securities and Exchange Board of India (Sebi) is planning further relaxations to make the registration process easier for foreign portfolio investors (FPIs), including a common know-your-client (KYC) framework and smoother documentation through India Digital Signature.   Over the past year, the market regulator has introduced several measures to ease FPI onboarding, including relaxations for…

April-February fiscal deficit lower at Rs 13.5 lakh crore, capex spending also slower at 80% of FY25 target

India’s capex lagged at Rs 8.1 lakh crore, and with a month to go, Centre may have to spend Rs 2.1 lakh crore in March to reach the Budget target of Rs 10.2 lakh crore for FY25. Fiscal deficit numbers for February Centre’s fiscal deficit between April and February has come in at Rs 13.5 lakh crore,…