Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm
New Delhi [India], Sep 22 (ANI): In the wake of a revision in the Know Your Client (KYC) norms and eligibility conditions for Foreign Portfolio Investors (FPIs), Department of Economic Affairs (DEA) Secretary Subhash Chandra Garg said an increase in FPIs would take place, which would have a
Mumbai (Maharashtra) [India], Sep 10 (ANI): Market analysts on Monday stated that the decline in the value of the Indian Rupee against the US Dollar and the sky-rocketing prices of crude oil were amongst the primary reasons for the plunging Sensex and Nifty indices.
New Delhi [India], Dec 29 (ANI): India's external debt stock stood at USD 495.7 billion for the quarter ending September 2017 recording an increase of 5.1 percent over the level at March-end 2017, the Finance Ministry data released on Friday showed.
New Delhi [India], Dec 28 (ANI): The Reserve Bank of India (RBI) has eased the norms for foreign portfolio investors to transact in securities other than shares by allowing them to trade directly in such instruments.