Page 14 - Latest Updates on FPI
Analysts expect FPI selling to reverse; see a market rally on Monday
In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains
 "Analysts expect FPI selling to reverse; see a market rally on Monday")
LIVE: Govt gives FPI relief, makes loans cheaper, revs up auto sector
FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here
 "LIVE: Govt gives FPI relief, makes loans cheaper, revs up auto sector")
Big relief for market as govt withdraws FPI surcharge: 15 key announcements
Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market
 "Big relief for market as govt withdraws FPI surcharge: 15 key announcements")
From simplified KYC process to re-categorisation, Sebi eases norms for FPIs
FPI regulations have been redrafted based on the recommendation of a committee headed by former RBI deputy governor H R Khan
 "From simplified KYC process to re-categorisation, Sebi eases norms for FPIs")
Govt may soon take a decision on tweaking FPI surcharge proposal
FM Sitharaman meets representatives of MFs, investment banks, FPIs
 "Govt may soon take a decision on tweaking FPI surcharge proposal")
Foreign investors snap 5-month buying streak, pull out Rs 3,758 cr in July
Foreign investors reverse 5-month buying trend, pull out Rs 3,758
 "Foreign investors snap 5-month buying streak, pull out Rs 3,758 cr in July")
FPIs get no relief from FM Nirmala Sitharaman on 'super-rich' tax
An increase in the effective tax rate will affect only high net-worth individuals, and according to government policy they should contribute more to nation building, the finance minister said
 "FPIs get no relief from FM Nirmala Sitharaman on 'super-rich' tax")
Budget impact: Surcharge hike likely to hit global passive funds
Globally, index funds and ETFs are popular because of the low management fees
 "Budget impact: Surcharge hike likely to hit global passive funds")
No targeting of FPIs; higher tax on all super-rich: Finance Ministry
Sitharaman had in the Budget proposed to increase the surcharge, charged on top of the applicable income tax rate for the super-rich
Sebi likely to examine surcharge impact on foreign portfolio investors
This means that the effective taxation on long-term capital gains for FPIs has risen to a maximum of 14.25 per cent
No clarification over FPI surcharge needed at present, says FM Sitharaman
There is no apparent basis to tax FPIs organised in different legal forms
No need to clarify higher tax on FPIs due to surcharges: Nirmala Sitharaman
The government on Friday raised income tax surcharge on people with an annual income of more than 20 million Indian rupees
Govt to soon issue clarification on applicability of surcharge on FPIs
There are concerns that the increased surcharge on super-rich could also affect foreign funds investing in India
FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in May
Interestingly, foreign investors were net sellers for the first three weeks of May, but the tide turned just ahead of the announcement of election results.
 "FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in May")
From investment cap to pension funds, Sebi moots changes to FPI rules
The panel has also proposed that sovereign wealth funds should be exempted from investment caps
 "From investment cap to pension funds, Sebi moots changes to FPI rules")
FPIs pour in Rs 11,012 cr in April so far amid easing liquidity conditions
FPIs were net buyers for the previous two months as well, infusing a net amount of Rs 11,182 crore in February and Rs 45,981 crore in March 2019
 "FPIs pour in Rs 11,012 cr in April so far amid easing liquidity conditions")
FPIs in a bind over RBI's voluntary retention route for distressed debt
RBI threw open the VRR to investors last month, aimed at attracting long-term overseas money into the debt market while ensuring operational flexibility to FPIs to manage their investments
 "FPIs in a bind over RBI's voluntary retention route for distressed debt")
FPIs pour Rs 6,311 cr into domestic capital markets, highest in Feb so far
The investors had pumped in a net sum of Rs 2,965.66 crore on February 11, the second-highest single-day inflow so far this month
FPIs go big on stocks of financials, mutual funds on energy and IT sectors
FPIs upped stake in 28 companies, while reducing holdings in 44 in the Morgan Stanley top 75 universe during the quarter
 "FPIs go big on stocks of financials, mutual funds on energy and IT sectors")
FPIs may find India attractive as oil prices fall, fundamentals improve
If Brent crude falls and the rupee appreciates to some extent, the import bill could be somewhere between $105 billion and $125 billion for the financial year
 "FPIs may find India attractive as oil prices fall, fundamentals improve")
