I’m planning to invest in commodities through a foreign broker in the UK, but they said Indian law might not allow it. Is this true? Are there any regulations that restrict Indians from investing in foreign markets?

Indian law does not specifically restrict investing in foreign markets. However, you may need to adhere to Foreign Exchange Management Act (FEMA) regulations regarding the source of funds and the reporting of investments exceeding certain limits. Consult with a financial advisor or legal professional to ensure compliance.