India Inc's Overseas Direct Investment Drops 59% at $1.03 Billion in August: RBI Data
2 years, 3 months ago

India Inc's Overseas Direct Investment Drops 59% at $1.03 Billion in August: RBI Data

News 18  

India Inc’s investment in their overseas ventures dropped by 59 per cent on an annual basis to $1.03 billion in August this year, data from Reserve Bank showed on Friday. The RBI data on Outward Foreign Direct Investment for August 2022 showed that the total financial commitment by the domestic firms was worth $1,027.67 million in August 2022-23. Among the major investors, Lenskart Solutions infused equity worth $319.99 million in its wholly-owned subsidiary in Singapore, while Glenmark Pharmaceuticals invested $100 million in a fully-owned subsidiary in Switzerland through guarantee issuance. Adani Ports and Special Economic Zone invested $25.58 million through a mix of loan and guarantee issuance in a wholly-owned unit in Singapore, the RBI data showed.

Data Million Rbi Rbi Data Investment Drops Drops 59 Investment Drops 59  investment  drops  59  worth  unit  india  total  overseas  whollyowned  billion  incs  invested  data  rbi  issuance  direct  million

History of this topic

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors
1 week, 3 days ago

India achieves USD 1 trillion in FDI milestone | Top FDI sources and sectors

India TV News  

India has reached a historic milestone with foreign direct investment inflows surpassing USD 1 trillion since April 2000, according to the Department for Promotion of Industry and Internal Trade. Top FDI sources: Small nations lead the pack Mauritius and Singapore dominate Mauritius emerged as the largest contributor, accounting for 25 per cent of FDI inflows, closely followed by Singapore at …

FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25
2 weeks, 1 day ago

FDI inflows to India surpass $1 trillion, with overseas investment likely to gain momentum in FY25

Live Mint  

New Delhi, Dec 8 Foreign direct investment inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to the Commerce and Industry Ministry, since 2014, India has attracted a cumulative FDI inflow of USD 667.4 billion, registering an increase of …

Foreign investors buy $1 billion of Indian bonds on bets of policy easing after GDP data
2 weeks, 4 days ago

Foreign investors buy $1 billion of Indian bonds on bets of policy easing after GDP data

Live Mint  

Foreign investors have stepped up buying of Indian government bonds in the last four sessions, after weaker-than-expected economic growth data last week spurred expectations of monetary policy easing by the central bank. Foreign investors heavily sold bonds for most of November, as U.S. yields remained elevated after Donald Trump's victory in the presidential election raised doubts about the Federal Reserve's …

India rupee to lean on central bank help; bonds to track US peers
1 month ago

India rupee to lean on central bank help; bonds to track US peers

Live Mint  

By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Nov 18 - The Indian rupee will rely on the central bank's help to counter headwinds this week, as the possibility of slower Federal Reserve interest rate cuts and expectations surrounding Donald Trump's policies boost the dollar and U.S. bond yields. A sharp rise in the dollar and elevated U.S. bond yields since …

How FDI flows into India lost momentum
Trending News
1 month, 1 week ago

How FDI flows into India lost momentum

Live Mint  

Foreign portfolio investors were net sellers of Indian equities for nearly all of October, offloading shares worth ₹1.1 trillion. Data from India’s central bank shows that between April and August, net foreign portfolio flows into India totalled $10.3 billion, a steep drop from $22.9 billion in the same period last year. Read this | Mint Explainer: Why India's net FDI …

India’s current account deficit in Q1 FY25 widens to $9.7 billion
2 months, 3 weeks ago

India’s current account deficit in Q1 FY25 widens to $9.7 billion

The Hindu  

India’s current account deficit widened marginally to $ 9.7 billion in Q1:2024-25 from $8.9 billion in Q1:2023-24 and against a surplus of $4.6 billion in Q4:2023-24, according to dada released by the Reserve Bank of India on Monday. The current account surplus for Q4:2023-24 was revised downwards to $4.6 billion from US$ 5.7 billion earlier due to an upward adjustment …

India, Singapore eye pan-Asean rollout of digital payment links
3 months ago

India, Singapore eye pan-Asean rollout of digital payment links

Hindustan Times  

India and Singapore have held discussions on framing rules and regulations and enhancing inter-operability and cybersecurity so that the existing link between their digital payments systems can be expanded to other Southeast Asian countries, people familiar with the matter said. Agreements and understandings reached during Prime Minister Narendra Modi’s recent visit to Singapore are also expected to lead to further …

How best to attract FDI: Four pointers for an ‘investment-friendly charter’
4 months, 2 weeks ago

How best to attract FDI: Four pointers for an ‘investment-friendly charter’

Live Mint  

Prime Minister Narendra Modi called for the creation of an “investment-friendly charter’ during the ninth Governing Council Meeting of the Niti Aayog on 27 July. Drawing from successful investment models in China and Vietnam and feedback from various firms, we propose that an ‘investment-friendly charter’ should consider a four-step plan to make India a top global investment destination. In 2022, …

Foreign investors pumped ₹33,600 crore in Indian equity in July amid continued policy reforms and good earnings season
4 months, 3 weeks ago

Foreign investors pumped ₹33,600 crore in Indian equity in July amid continued policy reforms and good earnings season

Hindustan Times  

Foreign investors injected over ₹33,600 crore into Indian equities so far this month on the expectation of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Foreign investors injected over ₹ 33,600 crore into Indian equities so far this month However, they pulled out over ₹7,200 crore from equities in the last three trading sessions after the government …

Foreign investors infuse ₹7,390 crore in second week of July, net July investment at ₹15,352 crore
5 months, 1 week ago

Foreign investors infuse ₹7,390 crore in second week of July, net July investment at ₹15,352 crore

Hindustan Times  

The Foreign Portfolio Investment in the Indian equity market increased by ₹7,390 crores during the second week of July, according to investment data from the National Securities Depository Limited. The net investment by Foreign Portfolio Investors in July has increased to ₹ 15,352 crores The data also pointed out that the net investment by Foreign Portfolio Investors in July has …

Institutional investments in real estate touch $2.52 billion in April-June quarter: Colliers India
5 months, 2 weeks ago

Institutional investments in real estate touch $2.52 billion in April-June quarter: Colliers India

Hindustan Times  

Institutional investment in Indian real estate touched $2.52 billion in the April to June quarter of 2024 up by 20% from $2106.4 million in the same period last year, a report by Colliers India has said. Institutional investment in Indian real estate touched $2.5 billion in the April to June quarter of 2024 up by 20% from $2106.4 million in …

Foreign portfolio investors invest ₹26,565 crore in Indian equities in June
5 months, 3 weeks ago

Foreign portfolio investors invest ₹26,565 crore in Indian equities in June

The Hindu  

After two months of net outflow, foreign investors turned buyers in June, infusing ₹26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. According to the data with the depositories, Foreign Portfolio Investors have made a net infusion of ₹26,565 crore in equities this month. Geojit Financial Services Chief Investment Strategist V. K. Vijayakumar said …

FDI inflows into India down to $28 billion in 2023: UN
6 months ago

FDI inflows into India down to $28 billion in 2023: UN

Deccan Chronicle  

Chennai: The FDI inflows into India saw a 43 per cent decline in 2023 at $28 billion, while the global foreign direct investments dropped 2 per cent to $1.3 trillion, as per the data of UNCTAD. FDI outflows from India also saw a dip of 8.7 per cent to $13,341 million against $14,618 million in 2022. At $621 billion, they …

Foreign investors invested USD 1.4 billion in last five sessions post-NDA government formation
6 months ago

Foreign investors invested USD 1.4 billion in last five sessions post-NDA government formation

New Indian Express  

NEW DELHI: Foreign portfolio investors returned to Indian markets, marking a net investment exceeding USD 1 billion over the last five trading sessions. On June 14, FPIs invested USD 644.61 million, which pushed their total investment past the 1 billion USD mark. On election result day, the markets experienced one of the worst sell-offs by foreign investors when election results …

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data
6 months, 3 weeks ago

India receives highest FDI from Singapore in 2023-24; Mauritius second biggest investor: Government data

The Hindu  

India received the highest foreign direct investment from Singapore in 2023-24 even as overseas capital inflows into the country contracted by about 3.5% due to global economic uncertainties, according to the latest government data. Though FDI from Singapore has dipped by 31.55% to $11.77 billion in 2023-24, India has attracted the maximum inflows from that country, the data showed. "Recently, …

India's FDI Equity Inflows Drop 3.49% in 2023-24
6 months, 3 weeks ago

India's FDI Equity Inflows Drop 3.49% in 2023-24

Deccan Chronicle  

With lower infusion in sectors like services, computer hardware and software, telecom, auto and pharmacy among others, foreign direct investment or FDI equity inflows in India declined 3.49 per cent to $44.42 billion in 2023-24, while the FDI inflows stood at $46.03 billion during 2022-23, according to the government data.Inflows during the period from January to March FY24, however, the …

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit
8 months ago

Indian finance ministry notifies 100% FDI for satellites ahead of Elon Musk's India visit

Firstpost  

Under these new guidelines, foreign investors can now invest up to 100 per cent of FDI into the sector, with 74 per cent being under the automatic route. This includes investments in satellite manufacturing and operations, the ground segment, user segment, as well as satellite data products India will now allow up to 100 per cent FDI investment in satellite …

Why this Swedish PE firm is willing to bet $5 billion in India this year
8 months, 1 week ago

Why this Swedish PE firm is willing to bet $5 billion in India this year

Live Mint  

MUMBAI : After investing about $2 billion in India last year, Swedish private equity firm EQT is lining up deals that could lead to another $5 billion worth of investments in the country this year. India’s economic growth at 7-8% a year makes the country a compelling investment destination for firms like EQT, Salata said. A month later, EQT and …

Drop in FDI inflows mirrors global trend: Finmin
8 months, 3 weeks ago

Drop in FDI inflows mirrors global trend: Finmin

The Hindu  

The decline in India’s net foreign direct investment inflows, which have dropped almost 31% to $25.5 billion over the first ten months of 2023-24, is in line with the slowdown in such investments to developing countries, the Finance Ministry has said, while holding out hope for an uptick in investments this year. While overall global FDI flows rose 3% to …

Inclusion in Global Indices to Bring USD 40 bn Foreign and Equivalent Domestic Capital
9 months ago

Inclusion in Global Indices to Bring USD 40 bn Foreign and Equivalent Domestic Capital

Deccan Chronicle  

HYDERABAD: India’s inclusion in the JP Morgan Global EM Bond Index and Bloomberg EM Local Currency Government indices will see annual foreign investment of $30-$40 billion over the next five years and free up equivalent amount of domestic capital investment by the private sector, finds the World Bank. By 2023-end JP Morgan announced India’s inclusion in its Global EM Bond …

Bank of America expects India fundraising to be busier than ever
10 months ago

Bank of America expects India fundraising to be busier than ever

Live Mint  

Fundraising activity in India will be stronger than ever over the next two years as conglomerates, tech firms and financial services providers hunt for capital to fuel growth and owners seize the moment to sell holdings, Bank of America Corp.’s co-head of investment banking in the country said. Reliance Industries Ltd., controlled by Asia’s richest person Mukesh Ambani, has been …

RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable
10 months, 2 weeks ago

RBI Governor Shaktikanta Das: CAD for 2023-24, 2024-25 to be eminently manageable

The Hindu  

“With India’s current account deficit declining sharply to 1% of GDP in Q2:2023-24 from 3.8% in Q2:2022-23,” RBI Governor Shaktikanta Das on February 8 said going ahead, the net balance under services and remittances would remain in large surplus, partly offsetting the trade deficit. Moreover, with around 10.2% share in world telecommunications, computer and information services exports, India is a …

21% of Singapore NRIs are influenced by global trends in investments, survey reveals
10 months, 2 weeks ago

21% of Singapore NRIs are influenced by global trends in investments, survey reveals

Live Mint  

The investment landscape in India offers an enticing opportunity for non-resident Indians looking to diversify their portfolios. However, choosing between long-term or short-term investments can be exhaustive, from navigating geopolitical funnel, risk tolerance to tax implications, the investment diaspora is permeated by a confluence of factors.” According to the survey by SBNRIs, 18 per cent of NRIs based in Canada …

Budget focus on BITs is good for the Indian economy
10 months, 2 weeks ago

Budget focus on BITs is good for the Indian economy

Hindustan Times  

An important element in the budget speech of Union finance minister Nirmala Sitharaman was that India is negotiating bilateral investment treaties — treaties that reciprocally protect and promote foreign investment under international law — to encourage foreign investment inflows to India. Niti Bhasin and Rinku Manocha in their 2016 paper, consider the impact of BITs on FDI inflows in India …

2023 Was a Wild Ride for Investment in Southeast Asia
11 months ago

2023 Was a Wild Ride for Investment in Southeast Asia

The Diplomat  

Although several ASEAN countries recently joined a cross-border digital payment system, the fact remains that the global financial system follows the U.S. dollar. Low interest rates also drove big foreign direct investment flows into the region, as investors chased higher yields wherever they could be found. And, as expected, this caused investment flows to start reversing out of Southeast Asian …

Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus
11 months, 2 weeks ago

Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus

India TV News  

Adani Ports and Special Economic Zone shares rose 5.22 per cent in early trade on Tuesday to hit a 52-week high of Rs 1,229.90 after the company said on Monday that it plans to enter the bond market after a two-year hiatus. At the concluding session of the event, organised by the ruling DMK government, formal agreements were inked between …

DC Edit | Will festivals, elections lead to India's dream growth run?
1 year, 3 months ago

DC Edit | Will festivals, elections lead to India's dream growth run?

Deccan Chronicle  

Once in every generation – which is roughly 30 or 40 years – the world finds itself on the cusp of a major change – spreading across domains of technology, geopolitics, as well as economics. In the last eight months, foreign investors pumped in $16.5 billion in the Indian stock markets – the largest such investment in Asian equities. In …

T.N.’s foreign direct investment inflows fell 27.7% to $2.17 billion in 2022-23
1 year, 4 months ago

T.N.’s foreign direct investment inflows fell 27.7% to $2.17 billion in 2022-23

The Hindu  

Tamil Nadu’s Foreign Direct Investment inflows declined 27.7% to about $2.17 billion in the financial year 2022-23 from $3 billion in 2021-22, as per data shared in Parliament recently. Many other key States, except for Gujarat, have India’s FDI inflows as a whole, declined 16.34% to $70.97 billion in 2022-23 from $84.84 billion in 2021-22, as per the provisional figures …

Foreign Portfolio Investors Infuse Rs 45,365 Crore In Indian Markets In July
1 year, 4 months ago

Foreign Portfolio Investors Infuse Rs 45,365 Crore In Indian Markets In July

ABP News  

Foreign portfolio investors continue with their buying spree in July with a net infusion of Rs 45,365 crore in Indian equity markets on stable macroeconomic fundamentals and steady earnings growth. "The potential impact of rate hikes on global liquidity would have led foreign investors to re-evaluate their investment decisions," Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said. According …

India, U.K. close to concluding FTA talks, working to iron out issues on IPRs, rules of origin
1 year, 4 months ago

India, U.K. close to concluding FTA talks, working to iron out issues on IPRs, rules of origin

The Hindu  

India and the U.K. are "very close" to concluding negotiations for a proposed free trade agreement as both sides are working to iron out differences on issues including investment treaty, intellectual property rights and rules of origin, a senior government official said on July 28. "Remaining issues include IPRs, rules of origin and investment treaty," the official added. "The U.K. …

Foreign Portfolio Investment in Indian equities drop 11% to $542 bn in January-March quarter
1 year, 7 months ago

Foreign Portfolio Investment in Indian equities drop 11% to $542 bn in January-March quarter

The Hindu  

The value of Foreign Portfolio Investment in Indian equities was at $542 billion in the March quarter of 2023, a decline of 11% from the preceding year, largely due to the exodus of foreign money from the domestic market, according to a Morningstar report. On a quarter-on-quarter basis, the value of FPI in Indian equities fell by 7% from $584 …

Adani isn’t India, but its troubles mirror the nation’s woes
1 year, 10 months ago

Adani isn’t India, but its troubles mirror the nation’s woes

Live Mint  

A New York short seller has forced India to stare at a reflection of its long-simmering frustration with shabby, inadequate infrastructure and its impatient urge to fill the gaps overnight. The target of Hindenburg Research’s attack is the Adani Group, which aggressively marshaled capital from around the world into India’s unmet aspirations. But even those who refuse to equate Adani …

Healthy economic growth of India, more FDI equity inflow in 2023, say experts
1 year, 11 months ago

Healthy economic growth of India, more FDI equity inflow in 2023, say experts

Live Mint  

Despite the Russia-Ukraine war, US monetary policy, and other global uncertainties, the Indian economy is projected to remain healthy. India may attract the eyes of overseas investors in 2023 as well on account of measures such as the rollout of the production-linked incentive schemes and the projection of healthy economic growth. As per the latest figures of the government, India …

Foreign investors buy Indian equities in December first half, despite stock slip
2 years ago

Foreign investors buy Indian equities in December first half, despite stock slip

Live Mint  

Foreign portfolio investors bought Indian shares worth 90.17 billion Indian rupees in the first half of December, despite the country's benchmark indexes coming off record high levels on hawkish commentary from global central banks, data showed. Between Nov. 16 and Nov. 30, when benchmarks rose to record high levels, foreign fund inflows logged 73.5 billion rupees. This is a pivot …

Why India Is Still An Attractive Investment Destination Despite A Falling Rupee, Inflation, Other Challenges
2 years, 1 month ago

Why India Is Still An Attractive Investment Destination Despite A Falling Rupee, Inflation, Other Challenges

ABP News  

India aspires to become a developed and high-income country over the next 25 years. According to the IMF, while the global economic growth will slow down from 6 per cent in 2021 to 3.2 per cent this year to 2.7 per cent next year, India is expected to grow by 6.8 per cent in 2022, the fastest in the world …

Foreign investors sell $500 million of India govt bonds in two days
2 years, 1 month ago

Foreign investors sell $500 million of India govt bonds in two days

Live Mint  

Foreign investors have sold Indian government debt worth nearly $500 million in the past two sessions, with the so-called FAR bonds bearing the brunt of a selloff that traders note is ahead of the Federal Reserve's policy decision and crucial U.S. data. These investors have net sold bonds worth ₹4,110 crore over Friday and Monday, CCIL data showed, with more …

India is on track to attract USD 100 bn FDI this fiscal: Govt
2 years, 2 months ago

India is on track to attract USD 100 bn FDI this fiscal: Govt

India TV News  

Highlights India is on track to attract USD 100 billion foreign direct investment in the current fiscal In 2021-22, the country received the "highest ever" foreign inflows of USD 83.6 billion FDI equity inflows in India dipped by 6 per cent to USD 16.6 billion during April-June period India is on track to attract USD 100 billion foreign direct investment …

India’s startup ecosystem should adapt to tight money conditions
2 years, 3 months ago

India’s startup ecosystem should adapt to tight money conditions

Live Mint  

India has emerged as the third largest startup ecosystem in the world, with 107 unicorns with a total valuation of $340.79 billion, as of 7 September 2022. The reason for such a ‘funding winter’ is to be traced to global macroeconomic developments, especially changing interest rate regimes between 2020 and 2022. The Fed also provided forward guidance on the future …

DC Edit | FM’s India Inc investment call raises hard questions
2 years, 3 months ago

DC Edit | FM’s India Inc investment call raises hard questions

Deccan Chronicle  

Union finance minister Nirmala Sitharaman’s outburst at a meeting in New Delhi about the poor investment by Indian companies is one of rare occasions where the Narendra Modi government has acknowledged pain points in the Indian economy. The finance minister spoke of foreign companies, which are moving out of China, want to come to India because of the government’s policies …

Foreign portfolio investment inflows hit 20-month high of ₹51,200 crore in August
2 years, 3 months ago

Foreign portfolio investment inflows hit 20-month high of ₹51,200 crore in August

The Hindu  

Foreign investors have pumped in a little over ₹51,200 crore into the Indian equity markets in August, making it the highest inflow in 20 months, amid improving risk sentiment and stabilisation in oil prices. India will continue to attract FPI flows this month too, although at a slower pace as compared to August, given continued rate hikes by the U.S. …

Foreign Direct Investment In India: Law And Procedure
2 years, 3 months ago

Foreign Direct Investment In India: Law And Procedure

Live Law  

1.1 What is FDI? In terms of Rule 2 of Foreign Exchange Management Rules, 2019, "Foreign Direct Investment means investment through equity instruments by a person resident outside India in an unlisted Indian company; or in ten percent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company." Since the 1991 …

Rs 46000 crore in August and counting: Why FIIs are net buyers in Indian equities despite continued rate hike by US Fed
2 years, 4 months ago

Rs 46000 crore in August and counting: Why FIIs are net buyers in Indian equities despite continued rate hike by US Fed

Live Mint  

Foreign portfolio investors turned net buyers in July for the first time in 2022, after 9 months of continued outflows. Just in 3 weeks of August, the foreign investors have bought way more than in the entire month of July, which saw a net investment of nearly Rs 5,000 crore, as per the NSDL data. 2022 FPI data: NSDL But …

Foreign investors pump in Rs. 44,500 crore into Indian shares in three weeks of August amid easing US inflation
2 years, 4 months ago

Foreign investors pump in Rs. 44,500 crore into Indian shares in three weeks of August amid easing US inflation

Firstpost  

This was significantly more than the net investment made by Foreign Portfolio Investors in July, which was close to Rs. FPIs had turned net buyers for the first time in July after nine straight months of massive outflows, which started in October last year New Delhi: Foreign investors have poured about Rs. 44,500 crore into Indian equities in three weeks …

After nine consecutive months, foreign portfolio investors return to Indian equities with Rs 5,000-cr investment in July
2 years, 4 months ago

After nine consecutive months, foreign portfolio investors return to Indian equities with Rs 5,000-cr investment in July

Firstpost  

This was the highest net outflow since March 2020, when foreign portfolio investors had pulled out Rs 61,973 crore from equities, data with depositories showed New Delhi: After nine consecutive months of relentless selling, foreign investors have turned net buyers and invested nearly Rs 5,000 crore in Indian equities in July on softening dollar index and good corporate earnings. This …

India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22
2 years, 4 months ago

India received highest ever FDI inflow of over Rs 6 crore in FY 2021-22

Firstpost  

The increase in FDI inflows is a result of the measures taken by the Government on FDI policy reforms, stated the official statement New Delhi: India received its highest ever Foreign Direct Investment inflow of Rs 6,31,050 crore in Financial Year 2021-22 said Som Parkash, Minister of State in the Ministry of Commerce and Industry. The FDI Equity inflow in …

Manufacturing sector gets $21bn foreign direct investment in FY22
2 years, 4 months ago

Manufacturing sector gets $21bn foreign direct investment in FY22

The Hindu  

The manufacturing sector attracted Foreign Direct Investments worth $21.34 billion in 2021-22, an increase of 76% year-over-year, the Commerce Ministry said on July 28. It said the government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, and e-commerce. "FDI equity inflows in the manufacturing sectors have increased …

Indian funds’ overseas investment plans run into RBI barrier
2 years, 5 months ago

Indian funds’ overseas investment plans run into RBI barrier

Live Mint  

Multiple Indian funds have urgently petitioned the Securities and Exchange Board of India to ease the overseas investment cap for Alternative Investment Funds to avoid missing out on deals but are facing a steep battle amid the sharp fall in the rupee in recent months, three people aware of the development said. Overseas investments by Alternative Investment Funds cumulatively hit …

RBI eases overseas borrowing to spur forex inflows
2 years, 5 months ago

RBI eases overseas borrowing to spur forex inflows

The Hindu  

The Reserve Bank of India on Wednesday announced a slew of temporary measures aimed at boosting foreign exchange inflows, including a doubling in the overseas borrowing limit for eligible corporates and removal of interest rate ceilings for NRIs’ foreign currency deposits. “It has been decided that with effect from the reporting fortnight beginning July 30, incremental FCNR and NRE deposits …

FPIs’ exodus continues; pull out ₹46,000 cr from Indian equities in June
2 years, 5 months ago

FPIs’ exodus continues; pull out ₹46,000 cr from Indian equities in June

Live Mint  

Foreign investors continue to desert Indian equity markets and pulled out close to ₹46,000 crore so far this month following monetary policy tightening by the Reserve Bank and US Federal Reserve, high oil prices and volatile rupee. Given the policy normalisation narrative by the US Fed and other major central banks, coupled with high oil prices and volatile Rupee, FPIs …

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