Mumbai (Maharashtra) [India], Sept 5 (ANI): India Ratings and Research (Ind-Ra) expects headwinds to foreign portfolio investment (FPI) flows into India to continue over the near-to-medium term despite the accommodative global monetary policy stance and the government's efforts to alleviate
New Delhi [India], Aug 28 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday dispelled doubts that last Friday announcements made by Finance Minister Nirmala Sitharaman which brought in several structural measures to boost up the economy have created a differential regime betwee
New Delhi [India], Aug 24 (ANI): In a major relief to foreign portfolio investors (FPI), the government on Friday announced to scrap the enhanced surcharge on long and short-term capital gains arising from the transfer of equity shares.
New Delhi [India], Aug 23 (ANI): In a bid to boost economy, capital markets and consumption, Finance Minister Nirmala Sitharaman on Friday announced a slew of measures including the rollback of controversial tax surcharge on foreign portfolio investors (FPIs) and equities of domestic inve
New Delhi, Aug 23 (ANI): The surcharge levied in the union budget on short-term and long-term capital gains of foreign portfolio investors (FPI) and the one on equity in the case of domestic investors have been abolished, Finance Minister Nirmala Sitharaman announced on Friday restoring t
Mumbai (Maharashtra) [India], Aug 9 (ANI): Equity benchmark indices ended higher for the second consecutive day on Friday, a day after reports said that the government is likely to roll back the recently-imposed higher tax on foreign portfolio investors (FPIs).
Mumbai (Maharashtra) [India], Aug 8 (ANI): Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark.
Mumbai (Maharashtra) [India], July 19 (ANI): Equity benchmark indices extended losses in the afternoon trade on Friday with selling pressure across the board amid concerns over growth and earnings recovery.
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
Moscow [Russia], September 24 (Sputnik/ANI): Russia's state nuclear corporation Rosatom wants to order creation of a robotic installation which would extract rare and hard-to-recover minerals at the bottom of the Arctic, Russia's Foundation for Advanced Research (FPI) told Sputnik on Monday
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.