Foreign Capital Investments In India

Finance Minister Nirmala Sitharaman on Monday indicated that there will be more steps to attract foreign capital into the Indian market. Speaking at the Hero Mindmine Summit 2026, Sitharaman said measures taken by the government to exempt withholding tax on interest and capital gains tax made by foreign investors in G-secs will be the first step towards drawing foreign capital back. "Certainly, that's not the end of story, there will be more. We recognise we need more foreign capital to come in," Sitharaman said. The RBI on June 5 had allowed banks to access the RBI's swap facility for Foreign Currency Non-Resident (Bank) (FCNR(B)), deposits with maturities ranging from 3-5 years till September 30. The facility would allow banks to swap US dollar deposits with the RBI, and manage currency risks. Also, to shore up foreign capital inflows include a concessional forex swap facility to encourage PSUs to raise external commercial borrowings (ECBs) until September 30. Sitharaman said un

Note that the US Budget deficit has increased structurally to over 6 per cent of gross domestic product (GDP), as against the past 50-year average of 3.8 per cent

In FY25, sectors like refineries, telecom services, and iron and steel led capital investments in India

While the economy is expected to recover in the second half, growth for this full financial year will be slower than initially projected

Education, IT and consulting, electronics among sectors attracting overseas entities

The rupee declined by 25 paise to 82.62 (provisional) against the US dollar on Wednesday amid a strong greenback against major currencies overseas and unabated foreign fund outflows. Traders said negative sentiment in the domestic equity market also hit the domestic currency. At the interbank foreign exchange, the domestic unit opened strong at 82.32 against the dollar and traded in a range of 82.30 and 82.62. It finally settled at 82.62 (provisional) against the American currency, a fall of 25 paise against its previous close. This is the third consecutive day of decline in the rupee. On Tuesday, the rupee settled at 82.37 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.43 per cent to 104.04. Global oil benchmark Brent crude futures rose 0.46 per cent to USD 77.81 per barrel. On the domestic equity market front, the 30-share BSE Sensex fell 344.29 points or 0.59 per cent to 57,555.90 points whi

Done the right way, the smart platform for infrastructure planning and execution could lead to tremendous productivity benefits

India's borrowing may rise to Rs 7.6 trillion ($107 billion) for the fiscal year starting April 1, according to Suyash Choudhary

Total investment in capital markets (equity and debt) has reached Rs 1.44 lakh crore this year