Page 8 - Latest Updates on FPI
FPIs in a bind over RBI's voluntary retention route for distressed debt
RBI threw open the VRR to investors last month, aimed at attracting long-term overseas money into the debt market while ensuring operational flexibility to FPIs to manage their investments
 "FPIs in a bind over RBI's voluntary retention route for distressed debt")
FPIs pour Rs 6,311 cr into domestic capital markets, highest in Feb so far
The investors had pumped in a net sum of Rs 2,965.66 crore on February 11, the second-highest single-day inflow so far this month
 "FPIs pour Rs 6,311 cr into domestic capital markets, highest in Feb so far")
FPIs go big on stocks of financials, mutual funds on energy and IT sectors
FPIs upped stake in 28 companies, while reducing holdings in 44 in the Morgan Stanley top 75 universe during the quarter
 "FPIs go big on stocks of financials, mutual funds on energy and IT sectors")
FPIs may find India attractive as oil prices fall, fundamentals improve
If Brent crude falls and the rupee appreciates to some extent, the import bill could be somewhere between $105 billion and $125 billion for the financial year
 "FPIs may find India attractive as oil prices fall, fundamentals improve")
FPIs, MFs chase fewer stocks amid distorted valuations, regulatory changes
Their investments in the top 20 shares as a percentage of the overall investment touched a multi-year high
 "FPIs, MFs chase fewer stocks amid distorted valuations, regulatory changes")
Non-ETFs pull $1 bn out of India in Sep; global emerging market funds fall
IT and healthcare sectors saw the most buying interest with inflows of $774 mn and $194 mn, respectively
 "Non-ETFs pull $1 bn out of India in Sep; global emerging market funds fall")
Going against spirit of law, taxmen deny grandfathering benefit to FPIs
Nil withholding certificates not issued to investors from Mauritius, Singapore for shares bought before April 1, 2017
 "Going against spirit of law, taxmen deny grandfathering benefit to FPIs")
Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far
The latest outflow is higher than Rs 210 bn worth of net withdrawals seen in entire September
 "Amid falling rupee, trade war, FPIs have pulled out Rs 356 bn in Oct so far")
Sell-off continues: FPIs pull out Rs 320 bn in Oct on trade war, weak rupee
This is much higher than the over Rs 210 billion net outflow seen in entire September
New FPI route will appeal to long-term debt investors, says experts
Investments will be over and above existing limits set for govt, corporate bonds
 "New FPI route will appeal to long-term debt investors, says experts")
RBI suggests VRR for providing more flexibility to FPI investments
Several measures have been undertaken in recent times to facilitate FPI investment in debt
 "RBI suggests VRR for providing more flexibility to FPI investments")
Markets stare at worst-ever FPI sell-off in 2018: All you need to know
Not just India, but Asian peers such as Indonesia, South Korea, Thailand, Taiwan and The Philippines have seen sharp FPI outflows this year
Steps to bring rupee, CAD back on track: FPI move big positive for realty
FPI outflows from the domestic market were seen accelerating last week amid a slide in rupee and spike in bond yields
 "Steps to bring rupee, CAD back on track: FPI move big positive for realty")
Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms
Move will help do away with several curbs on NRI investments, opening a new source for foreign inflows
 "Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms")
Preposterous to claim $75 billion FPI funds will move out of India: Sebi
Some foreign portfolio investors (FPIs) are believed to have earlier expressed concerns over the proposed changes in rules, for which Sebi has already granted more time
 "Preposterous to claim $75 billion FPI funds will move out of India: Sebi")
After pulling out funds in June, FPIs net inflow at Rs 18 bn in July so far
The latest inflow comes after such investors had taken out more than Rs 200 billion from the stock market during April-June
FPIs extend selling; pull out Rs 20 bn in July on fuel prices, weak rupee
Selling by FPIs in Indian debt markets could be attributed to higher fuel prices which fans fear that inflation may stoke further
 "FPIs extend selling; pull out Rs 20 bn in July on fuel prices, weak rupee")
After months of hefty pullout, FPIs infuse Rs 30 bn in just five days
So far this year, overseas investors have withdrawn Rs 447.37 billion from the capital markets
FPIs withdraw Rs 55 bn from markets in June so far on trade war worries
This comes following a net outflow of over Rs 45,000 crore from capital markets (equity and debt) in the last two months
Overseas funds set date with Sebi on foreign portfolio investor circular
Watchdog's document on foreign portfolio investors says that the ultimate beneficiary of a fund will be determined by both shareholding and control
