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The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 6.66 trillion at the end of March 2023, from Rs 10.88 trillion a year ago.
Funds can disclose NAV by 10 am the next day from July
Renewed overseas flows to provide support
Army rejects claims about Gen Bajwa, family's assets; PTI Senator arrested for tweets against military officials
Fund raise drops by 93.3% year-on-year to $210 mn in the quarter
The measures have brought in $1.5-2 billion so far; response to relaxed FX norms tepid as US rates higher, RBI not acting as counterparty
Economic Affairs Secretary Ajay Seth on Thursday said the measures taken by Reserve Bank of India (RBI) will increase inflows of overseas funds and help in strengthening the rupee against the dollar.
In November, the Nifty fell nearly 4 per cent, while the Nifty Bank Index dropped 8.7 per cent amid an $800-million pull-out by FPIs
Current framework restrictive, impacting capital allocation, FPIs tell regulator
RBI proposal a departure from current norms under Fema
JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds
14 banks signed up for a deal last week that will give RIL the distinction of raising the highest debt from international lenders by an Indian firm
It was only on Monday that Finance Minister Nirmala Sitharaman said that she isn't rethinking the offshore plan
Liberalisation of the External Commercial Borrowing norms was among other measures announced by the government