Page 4 - Foreign Investment

Reforms not a bad word, states must not shy away, says PM Modi in RS

Leader of the Opposition in the Rajya Sabha, Mallikarjun Kharge, wanted to intervene but was not allowed, leading to the opposition MPs staging a walkout

FPIs take out Rs 14,800 cr from domestic stocks after election results

Foreign investors withdrew nearly Rs 14,800 crore from domestic stocks in the first week of this month, influenced by India's Lok Sabha election results and attractive valuations of Chinese stocks. The outflow came following a net outflow of Rs 25,586 crore in May on poll jitters and more than Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed. From a medium to long-term perspective, the direction of interest rates will remain a key driver for foreign investment flows into the Indian equity markets. According to the data, Foreign Portfolio Investors (FPIs) made a net withdrawal of Rs 14,794 crore this month (till June 7). The general election results in India significantly influenced foreign investor flows in Indian equity marke

M&M, Berger Paints, Mankind Pharma among six stocks to monitor on May 16

At 6:40 AM, GIFT Nifty futures were up by 90 points, trading at 22,377.50 levels compared to Nifty50 futures, indicating a gap-up opening for the stock exchanges

Bharti Airtel, Cipla, Paytm, Colgate among seven stocks to track on May 15

At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses

AIFs' large offshore investor base likely to face more restrictions

Regulators suggest change in FEMA rules to treat such funds as indirect foreign investment

Rupee gains for third straight trading session on foreign inflows

The rupee settled at Rs 82.76 per dollar, marking the highest since September 4, 2023, against the previous close of Rs 82.79

RBI buying dollars via state-run banks amid persistent foreign inflows

The Reserve Bank of India (RBI) purchased dollars at levels between 82.65 and 82.68 amid persistent foreign inflows, the traders said

Banks await RBI approval for appointing second whole-time director

Few need time as no regulatory approval yet for new CEO

India bringing back ancient idols, getting foreign investment also: PM Modi

The circle of time has moved, Prime Minister Narendra Modi said on Monday, noting that the country is not only bringing back its ancient idols from abroad but also getting record foreign investment. Addressing a gathering after laying the foundation stone of the Shri Kalki Dham temple here in Uttar Pradesh, he said on one hand places of pilgrimage are being developed and, on the other, cities are getting hi-tech infrastructure. The programme was attended by seers and religious leaders from across the country. "Our ancient idols are being brought back from abroad and we are getting record foreign investment, the circle of time has moved," the prime minister said and highlighted that "Chhatrapati Shivaji Maharaj had encouraged us to take pride in our identity". Modi, who was accompanied by Uttar Pradesh Chief Minister Yogi Adityanath and Kalki Dham Peethadheeshwar Acharya Pramod Krishnam, also unveiled a model of the temple. The Shri Kalki Dham is being constructed by the Shri Kalki

Foreign investors back India bonds over pricey stocks in tactical bet

For bulls who powered the massive rally, the tactical trade at the moment is to move into the bonds, whose appeal has been further burnished by the nation's improving finances

Mutual funds knock RBI door for hike in foreign investment limits

According to MF officials, opening the MF route for international investment should not make much difference to the rupee's stability, given that other routes for foreign remittance remain open

MoUs worth Rs over 3.5 lakh crore signed at Davos: Maharashtra CM

He said that there is infrastructure, connectivity and skilled manpower in Maharashtra

India's foreign exchange reserves cross $600 billion after four months

'We remain confident of meeting our external financing requirements comfortably," Das said

NASDAQ can play key role in attracting global investors to India: Official

NASDAQ can play a key role in bringing much-needed investment into India from global investors, according to a top official of the American stock exchange. India has right now "over 200 very large startup companies that could go public in future" and that's unheard of anywhere else in the world, NASDAQ executive vice chairman Edward Knight told PTI in an interview on Tuesday. NASDAQ (National Association of Securities Dealers Automated Quotations) is a stock exchange that lists some of the world's largest technology companies, such as Apple, Microsoft, and Amazon. It is one of the world's oldest and second-largest stock exchanges by market capitalisation, after the New York Stock Exchange (NYSE). Knight noted that India has "a very strong legal system...very strong universities" and "all the ingredients that have produced and could continue to produce great early-stage companies, innovation and technological innovation". "But," he said, "you need capital and the capital needs of In

TMS Ep510: Gati Shakti, foreign investment, SpiceJet's stock, Aditya L-1

How has Gati Shakti changed India's infra push? Is declining foreign investment a cause for worry? Will SpiceJet's stock rally make an emergency landing? What is Aditya L-1 mission? All answers here

China looks to attract foreign investment as its economy struggles

The 24-point plan from the State Council - China's cabinet - also promises to relax regulations on transferring data overseas, among other measures

Foreign investors to create more value for RE in India: ReNew's Sinha

Increasingly more companies are partnering with foreign investors at project level

Foreign assets mean tax liabilities: Things to mind while filing returns

Penalties for non-disclosure or inaccurate disclosure of these details can be severe, say experts

Suez Canal economic zone rakes in $2.5 bn foreign investment in 11 months

The General Authority of the Suez Canal Economic Zone (SCZone) in Egypt said it has attracted $2.5 billion of foreign investment from July 2022 to May 2023

Dispute resolution with min court action vital for investment: Justice Shah

Stable dispute resolution with minimum court interference is necessary to attract foreign investment in India, Supreme Court judge Justice MR Shah has said. Speaking at the 2nd Arbitrate in India Conclave - 2023, Justice Shah said growth of global trade increases the importance of Alternative Dispute Resolution as a mechanism for resolving disputes. "Stable dispute resolution is necessary to attract foreign investment in India. Unless there is timely and cost-effective resolution of disputes, India cannot become the hub for international arbitration. "There is a need to understand the reasons due to which India is not being able to perform well in this domain and then work on these areas. Minimum court interference is imperative to achieve the goal of making India the hub of international arbitration," Justice Shah said at the event organised on Saturday. The conclave's second edition was organised by the Indian Dispute Resolution Centre in collaboration with the Bar Council of ...