INTERNATIONAL MARKET UPDATE
GOLD $ 1345.05
SILVER $ 19.992
COPPER $323.40
CRUDE OIL $ 43.89
INR
66.806
MCX Market Tips to trading in commodity market with free trial service.
100% FDI in Commodity Broking
and Clearing Services
100 per cent foreign investment in commodity
broking Cabinet on Wednesday approved. Also in the financial services has been
100 per cent FDI. NBFCs to Foreign Exchange Management Regulations approved by
the Cabinet.
2016-17 Budget, Finance Minister had
announced foreign investment. RBI and SEBI regulations to meet the financial
services through the automatic route have been approved to invest 100 per cent.
Currently, only 18 special banking services through the automatic route can be
100 per cent.
The move is expected to increase foreign
investment in the country.
No comments:
Post a Comment