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Top headlines: FPI in 2020 turns positive; Byju's nears $1-bn revenue mark

From GoM taking up proposal on gold e-way bills to PM Modi unveiling friendly measures for honest taxpayers, here are top headlines of the day

India remains favourite with FPIs despite a steady deterioration in macros
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Overseas flows into the debt segment, however, are still negative at $14.6 billion.

BS Web Team New Delhi
Foreign portfolio flows in 2020 turn positive after Covid-19 jitters

Foreign portfolio investment (FPI) in domestic equities has turned positive for the year. Sustained flows over the past four months have helped erase the deficit caused by record selling in March and April. Currently, FPI flows into equities on a year-to-date basis stand at $230 million. Overseas flows into the debt segment, however, are still negative at $14.6 billion. Read More

GoM to take up proposal on gold e-way bills to check tax evasion, smuggling

The proposal to introduce e-way bills on movement of gold has gathered momentum,