| From Business Standard: The Forward Markets Commission (FMC) has no objection if the government plans to allow 100 per cent foreign direct investment (FDI) in commodity brokerages, as the regualator will take care to protect the functioning of the market, B C Khatua, chairman, FMC, said.
“We have no objection to the government’s decision as long as they conform to our regulatory rules,” Khatua said, referring to recent media reports that 100 per cent FDI in commodity brokerage houses is being considered by the government...... Full Article: Source
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