Sitharaman says govt working to make investments more attractive
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
Indian banks are targeting overseas nationals with high-yield dollar deposits to attract over $50 billion and bolster forex reserves amid rupee pressure
From India's biofuel push and FIFA's commercial priorities to pressure on the rupee, shifts in the global arms market and Malayalam cinema's evolution, here are today's key opinion pieces
The lenders sought clarity from the Reserve Bank of India if they can use a portion of deposits collected from non-resident Indians as collateral
The RBI's forex swap measures on FCNR (B) deposits and ECBs by state-owned companies could attract USD 60-70 billion in foreign capital and support the rupee, India Ratings and Research (Ind-Ra) said on Wednesday. The central bank, on June 8, announced that authorised dealer banks can 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 regulator and manage currency risks. The slew of measures announced by the RBI to shore up foreign capital inflows includes a concessional forex swap facility to encourage PSUs to raise ECBs until September 30. Ind-Ra said FCNR (B) is likely to play a key role in mobilising foreign capital, with the RBI bearing hedging costs, and banks can offer better returns to overseas depositors. "Ind-Ra expects the arrangement to generate sizeable inflows, potentially in the range of USD 60-70 billion
Today's BS Opinion examines India's deepening water stress, the revised IIP framework, Middle East-linked growth risks, the Quad's evolving strategy, and a review of The Liver Doctor
As oil and gold imports raise dollar demand, terms such as BoP, current account deficit and forex reserves are back in focus. Here is why they matter for the rupee
Today's BS Opinion wrap looks at gold imports and forex pressures, judicial infrastructure gaps, financing the Viksit Bharat dream, coal gasification, and Japan's wartime history
The Indian real estate sector attracted USD 5.1 billion in capital during January-March, logging an annual growth of 72 per cent, as developers and REITs look to expand business despite global uncertainties, according to CBRE. Capital inflows in the real estate sector stood at USD 2.9 billion in the year-ago period. The increase in capital inflows was 53 per cent from USD 3.3 billion in the October-December quarter of 2025. Real estate consultant CBRE on Wednesday released a report, India Market Monitor Q1 2026 - Investments, which highlighted that the inflows in January-March were the highest in any quarter ever. The capital inflows were primarily led by developers, closely followed by Real Estate Investment Trusts (REITs), which put money into building and acquiring rent-yielding offices and retail spaces. "This underscores the high confidence of domestic investors and institutional players in the Indian real estate growth story," said Anshuman Magazine, Chairman & CEO - India,
India's masterstroke was the red carpet rollout for sovereign wealth funds in 2020 with an exemption for income from investments in specified Infrastructure
The Indian real estate sector received a record equity capital inflow of USD 14.25 billion last year, higher by 25 per cent annually, as developers and institutional investors remained bullish on growth potential, according to CBRE. The equity capital inflow from various sources, including developers, institutional investors, and Real Estate Investment Trust (REIT), stood at USD 11.43 billion during the 2024 calendar year. Real estate consultant CBRE on Wednesday released a report, highlighting that land/development sites dominated the investment landscape, attracting over 46 per cent of the total inflows in 2025, followed by investments into built-up office assets (28 per cent). Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, noted that the dominance of land and development-led investments, alongside rising interest in office and warehousing assets, reflects a maturing market. More than 60 per cent of total inflows in site/land ...
Foreign inflows dropped sharply even as domestic institutions drove growth, keeping investment momentum in Indian real estate steady amid global headwinds
The recommendation appears in the think tank's latest Tax Policy Working Paper Series - 1 released on Friday
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
Going ahead, markets may maintain the prevailing recovery tone, with key support at 23,600-24,200 zone in Nifty and 77,800-79,850 zone in Sensex
The surge in inflows underscores the urgency with which Chinese authorities responded as share prices stumbled in response to the evolving trade war
Among the 14 entities whose strike-off dates were available, 11 had been defunct for more than five years, while three had been defunct for periods ranging from 10 months to three years
Foreign firms investing in Uttar Pradesh by bringing in equity as well as loans will now be eligible to avail benefits under the state government's incentive policy. A decision in this regard was taken by the cabinet chaired by Chief Minister Yogi Adityanath here on Monday. The incentive policy has been rechristened as 'Foreign Direct Investment, Foreign Capital Investment and Fortune Global 500 and Fortune India 500 Investment Promotion Policy 2023'. Earlier, incentives under the policy were available to only equity investments. "Through this amendment, the Yogi government has given big relief to foreign investors. Through this, now foreign companies will also be able to invest in the state which brings in investment through equity as well as loan or any other source. With this decision of Yogi government, there is a possibility of increase in foreign investment in the state," an official statement said. Briefing about these decisions, UP Finance Minister Suresh Khanna said that
18% GST on additional fees, other considerations on providing loans