Sebi may allow FPIs to trade commodity futures listed on local exchanges

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Mumbai: At a time China is allowing more offshore investment into commodities, India is mulling over a plan to let foreign portfolio investors (FPIs) trade commodity futures listed on local exchanges.

The Securities & Exchange Board of India (Sebi) recently held a meeting with leading international commodity trading firms, FPIs which are large commodity investors in other markets, banks, and one of the bourses to understand their views on the

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