Neighbour blocking foreign investment to Arunachal: CM Pema Khandu

Arunachal Pradesh Chief Minister Pema Khandu on February 9 claimed that foreign investments are eluding the sensitive border state owing to objections raised by a neighbour, a reference to China, and urged the central government to address the issue. Khandu was speaking at a function where Prime Minister Narendra Modi was also present. “Arunachal Pradesh […]

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Sebi panel may ease investment rules for NRIs, foreign funds

After an FPI lobby group openly criticised the regulator last week, the committee, headed by HR Khan, former deputy governor of the Reserve Bank of India, came out with the fresh set of recommendations. Mumbai: Foreign portfolio investors will breathe a sigh of relief after a Securities and Exchange Board of India-appointed panel on Saturday […]

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Legal shield in the works for foreign investments

India is among the top 12 global investment destinations and the second most attractive emerging market, according to AT Kearney’s Foreign Direct Investment Confidence Index. NEW DELHI: India is working on a framework that will provide legal backing for a stable and predictable foreign investment regime in the country as it looks to attract more capital to […]

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Do foreign players still find Indian AMC business appealing?

On one hand, we are seeing exits of foreign partners from the domestic mutual fund industry while on the other hand, a set of global players still find the Indian mutual fund industry attractive. On Thursday, Union Bank of India said that Japan’s financial major Dai-ichi Life Holdings has acquired 39.62 percent stake in Union Asset Management […]

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RBI Hikes Foreign Holding Limit To 74% In Yes Bank

Mumbai: Reserve Bank on Friday increased the foreign holding limit to 74 per cent of the paid-up capital in Yes Bank under the portfolio investment scheme. Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 74 per cent from from the existing 60 per cent of the paid-up capital of Yes […]

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RBI leader Raghuram Rajan: won’t see robust foreign investor promoting due to Brexit

Rajan says India needed to cognizance on forming its monetary coverage committee and passing a key tax reform or the GST to make certain macro-economic stability. photo: Bloomberg Mumbai: Indian regulators moved to calm investors’ nerves on Friday as neighborhood markets joined ainternational promote-off, sparked through Britain’s vote to go out the ecu Union (european). […]

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