Industry players say the move will help the Rs 4.4-trillion AIF industry as the current allowance in many cases was getting fully utilised
It remains to be seen how much of their selling is profit-booking or cutting India's weight
The RBI had in December said that all regulated entities have to upload 'Know Your Customer' data pertaining to the accounts of legal entities opened on or after April 1, 2021
Continuum Wind Energy's six-year bond of $560 mn got over $3 bn pre-order bids on opening in US. Initial price guidance was 4.875%, issue rate could be as low as 4.5%
In November 2020, the total outward foreign direct investment (OFDI) was of $1.06 billion, down by 27 per cent from a month ago period
During the quarter ended September 30, FPIs pumped in Rs 7,500 crore (over $1 billion) into banking stocks
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly
Prior to this, FPIs had net withdrawn a record Rs 1.1 trillion in March and Rs 15,403 crore in April
Pull out $1.7 bn in a fortnight as stimulus action disappoints, Covid cases rise; India lags world markets in May
In the previous month, FPIs had withdrawn a record amount of over Rs 1.1 trillion on a net basis from the Indian markets
Global index provider was expected to hike the weight after Centre's decision to virtually increase investment limit for overseas investors in domestic firms
Foreigners also sold $599 million in Thai bonds in the previous month
Domestic mutual funds pumped in Rs 52,850 crore in equities during CY19
Brokerages, online platforms are making foraying into foreign equities easier
Prior to this, FPIs withdrew a net Rs 2,985.88 crore from the Indian capital markets (both equity and debt) during July 1-31
The government expects to get just Rs 2,724 crore from the surcharge levied
Foreign brokerage Morgan Stanley says India's weight in the MSCI Emerging Market (EM) index could increase by 146 basis points (bps) if all these measures are implemented
They have been on an unbroken selling streak since the Union Budget, spooked by increase in income-tax surcharge, taxes on buybacks, and lack of stimulus to prop up the economy
Foreign investors have pumped more than $11 billion into Indian equities this year on bets there will be political stability and more room for a majority government to push for economic reform
With the option to carry forward losses, overseas investors from Mauritius, Singapore prefer Indian laws