Tag: Foreign investors
9 Results
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Foreign investors pull out over $16 bn from India amid Coronavirus pandemic: Report
According to CRS, the pandemic crisis is challenging governments to implement monetary and fiscal policies that support credit markets and sustain economic activity, while they are implementing policies to develop vaccines and safeguard their citizens.
May 20, 2020 -
‘No better place’, India ‘democracy-loving, capitalist-respecting’: FM to foreign investors
Responding to a question on why investors should allocate funds for India, Sitharaman said that even if the court system is a bit delayed, India is a transparent and open society.
October 17, 2019 -
Vedanta urges govt to resolve retrospective tax issues
Mining mogul Anil Agarwal-led Vedanta Ltd has asked the government to resolve retrospective tax issues to give comfort to foreign investors to invest in the almost stagnant domestic oil and gas exploration sector. Vedanta, which in 2011 bought Cairn India to enter oil business, is facing a Rs 20,495 crore tax demand that was raised …
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January 14, 2018 -
Foreign investors infuse $2 bn in debt markets in October
Foreign investors have poured a whopping $2 billion into the Indian debt markets so far this month due to lower currency volatility coupled with “positive real interest rates”. Foreign portfolio investors (FPIs) however pulled out Rs. 3,408 crore (USD 523 million) from equities on account of profit booking during this period. According to the latest …
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October 22, 2017 -
FPIs stay bullish on India; pour Rs.11,000 cr in July so far
Foreign investors have pumped in nearly Rs.11,000 crore in the capital markets in the first two weeks of this month, enthused by the trouble-free rollout of GST and stimulating Indian economy. The latest inflow comes following a net infusion of over Rs.1.62 lakh crore in the previous five months (February-June) on several factors. Prior to …
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July 16, 2017 -
FPIs stay bullish on India, pump in $4 bn in May
Foreign investors have pumped in nearly $4 billion in the country's capital market so far this month due to finalisation of GST rates for bulk of the items and stable outlook for the Rupee. Interestingly, most of the funds have been invested in the debt markets by the foreign portfolio investors (FPIs). According to latest …
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May 28, 2017 -
Overseas investors excited about India: Jayant Sinha
Foreign investors are excited about India as structural reforms and investments are giving overall growth a leg-up, Union Minister Jayant Sinha said on Monday. Emphasising that demonetisation has led to a "dramatic improvement" in the country's economic landscape, he said the move has helped in strengthening banks as well as improving the overall economy. "Foreign …
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March 6, 2017 -
Permanent residency status for foreign investors approved
In an attempt to encourage foreign investments in India, the central government on Wednesday approved a scheme to grant permanent residency status (PRS) to foreign investors for 10 years subject to conditions specified in the foreign direct investment (FDI) policy. The Union Cabinet approved the scheme at a meeting chaired by Prime Minister Narendra Modi here. According …
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August 31, 2016 -
Land allotted for UP Institute of Design
Uttar Pradesh government has allotted 1.62 hectares of land for establishing a state-of-the-art design institute to boost the micro, small and medium industries sector here, an official said on Friday. The Uttar Pradesh Institute of Design (UPID) will be located in Hariharpur village under Sarojininagar administration of Lucknow district. Principal Secretary of Micro, Small and Medium …
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August 19, 2016