Updated : 3 weeks, 4 days ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): The reduction in US Federal Reserve's policy rate by 25 basis points and the European Central Bank's decision to resume asset purchases is likely to augur well for short-term foreign portfolio investment (FPI) flows to economies such as India which
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], Sept 5 (ANI): India Ratings and Research (Ind-Ra) expects headwinds to foreign portfolio investment (FPI) flows into India to continue over the near-to-medium term despite the accommodative global monetary policy stance and the government's efforts to alleviate
Updated : 1 month, 2 weeks ago IST
New Delhi [India], Aug 28 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday dispelled doubts that last Friday announcements made by Finance Minister Nirmala Sitharaman which brought in several structural measures to boost up the economy have created a differential regime betwee
Updated : 1 month, 3 weeks ago IST
New Delhi [India], Aug 24 (ANI): In a major relief to foreign portfolio investors (FPI), the government on Friday announced to scrap the enhanced surcharge on long and short-term capital gains arising from the transfer of equity shares.
New Delhi [India], Aug 23 (ANI): In a bid to boost economy, capital markets and consumption, Finance Minister Nirmala Sitharaman on Friday announced a slew of measures including the rollback of controversial tax surcharge on foreign portfolio investors (FPIs) and equities of domestic inve
New Delhi, Aug 23 (ANI): The surcharge levied in the union budget on short-term and long-term capital gains of foreign portfolio investors (FPI) and the one on equity in the case of domestic investors have been abolished, Finance Minister Nirmala Sitharaman announced on Friday restoring t
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark.
Updated : 2 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], July 19 (ANI): Equity benchmark indices extended losses in the afternoon trade on Friday with selling pressure across the board amid concerns over growth and earnings recovery.
Updated : 3 months, 3 weeks ago IST
New Delhi [India], June 21 (ANI): Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) envisages the creation of direct and indirect employment for over 5 lakh persons by 2020, said Union Minister of State for Food Processing Industries, Rameswar Teli on Friday.
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm
New Delhi [India], Sep 22 (ANI): In the wake of a revision in the Know Your Client (KYC) norms and eligibility conditions for Foreign Portfolio Investors (FPIs), Department of Economic Affairs (DEA) Secretary Subhash Chandra Garg said an increase in FPIs would take place, which would have a
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): Market analysts on Monday stated that the decline in the value of the Indian Rupee against the US Dollar and the sky-rocketing prices of crude oil were amongst the primary reasons for the plunging Sensex and Nifty indices.