Tag: foreign portfolio investors
Listed startups unlock Rs 25,000 crore for VC, PE investors
India’s listed startups are giving venture capital and private equity investors a continuing route to return money to their fund backers, with bulk stake sales…
Rupee sinks to two-month low amid FPI selling and rising US yields
Kolkata: The Indian rupee fell 0.5% Thursday to 96.3150 against the dollar, making it a two-month low and mirroring the fall in major Asian currencies,…
India’s fast-track route for low-risk foreign investors logs 164 sign-ups in 100 days, data shows
Mumbai: India’s new fast-track entry route for trusted foreign investors has drawn 164 registrations in just over 100 days, data from the Indian depository showed…
India says no proposal to offer long-term tax relief for domestic equity investors
India’s finance ministry told the parliament on Monday that there is no proposal to scrap long-term capital gains tax on equities for domestic investors, despite…
India’s current account slips into $2 billion deficit in May as trade gap widens
Kolkata: India’s current account slipped into deficit in May from a surplus in April while the capital account deficit narrowed, monthly balance of payments data…
Dovetail Capital: Asset servicing startup Dovetail Capital raises Rs 100 crore in funding from Elev8 Venture Partners
Mumbai-based asset servicing company Dovetail Capital has secured Rs 100 crore in equity funding from Elev8 Venture Partners in its first institutional funding round.As a…
Remittances, services surplus lift India to $4.7 billion current account surplus in April
Kolkata: India reported a $4.7 billion current account surplus in April riding on higher inward remittance flows, Reserve Bank of India (RBI) data showed. This…
RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…
Centre eases FPI norms, offers tax relief to attract foreign capital
The central government on Friday announced a series of measures aimed at attracting foreign investments, including easier investment norms for foreign individuals in Indian equities,…
BIT sweeter? India weighs easing treaty rules with safeguards to attract foreign capital
New Delhi: India is reviewing its bilateral investment treaty (BIT) template to make it more attractive, according to officials aware of the matter, as the…