Flows have accelerated since corporation rate cut, lifting benchmarks by 13%
Meetings held in three cities, Sebi says participants showed interest in Reits, AIFs; scope of infra projects, stressed assets, disinvestment, Gift City highlighted
Doing away with the need for broad-basing of funds is expected to attract several new offshore funds to the country
Most investors were expecting the government to increase spending to shore up economic growth
The easing of FPI norms comes at a time when overseas investors have pulled out over $3 billion from the domestic markets since the Union Budget
In the preceding month, FPIs were net sellers in the Indian capital markets to the tune of Rs 2,985.88 crore
Globally, index funds and ETFs are popular because of the low management fees
If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, writes T N Ninan
This means that the effective taxation on long-term capital gains for FPIs has risen to a maximum of 14.25 per cent
The drop in ownership is partly due to FPI selling, but more importantly on account of increase in MF holding