FPIs can now trade in commodity derivatives https://ift.tt/VaSJYIs regulator said FPIs will be allowed to trade in all non-agricultural commodity derivatives and select non-agricultural benchmark indices. The regulator said, to begin with, FPIs will be allowed only in cash-settled contracts.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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