Tag: foreign portfolio investment
Posted in Economy
Plan in works to put FPI & FDI rules on equal footing
NEW DELHI: India is considering a plan to allow full fungibility between foreign portfolio investment (FPI) and foreign direct investment (FDI) in sectors where 74%…
Posted in Economy
India Forex Reserves: India’s forex reserves inch closer to $600 billion
India’s foreign exchange reserves inched closer to $600 billion with weekly addition of $2.4 billion to the kitty. The reserves stood at $596.098 billion in…