The share of such funds among overall foreign holdings had risen over the last 18 months
Analysts say the market bloodbath is worse than in 2008. Last week, investor sentiment was crushed with the Sensex dropping as much as 17%
Foreign outflows could accelerate further if oil prices stay low
As manufacturing in China recovers, so will the demand for raw materials
ETFs, which invest in Hong Kong-listed Chinese stocks, saw outflows of nearly $1.4 billion - most among Ems
From Centre considering to issue G-secs with no limit for FPIs to more allotment for pensions that salaries in defence budget, here are top business headlines of the day
This comes after the central bank hiked the short-term investment limit for FPIs in both corporate and government debt, last week, to 30 per cent from 20 per cent
FPIs will also be allowed to invest in exchange traded funds or ETFs that invest only in debt instruments, the RBI said.
The short-term investment limit has now been increased from 20 per cent to 30 per cent in both the cases, the RBI said in a circular
Flows have accelerated since corporation rate cut, lifting benchmarks by 13%
Meetings held in three cities, Sebi says participants showed interest in Reits, AIFs; scope of infra projects, stressed assets, disinvestment, Gift City highlighted
Doing away with the need for broad-basing of funds is expected to attract several new offshore funds to the country
Most investors were expecting the government to increase spending to shore up economic growth
The easing of FPI norms comes at a time when overseas investors have pulled out over $3 billion from the domestic markets since the Union Budget
In the preceding month, FPIs were net sellers in the Indian capital markets to the tune of Rs 2,985.88 crore
Globally, index funds and ETFs are popular because of the low management fees
If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, writes T N Ninan
This means that the effective taxation on long-term capital gains for FPIs has risen to a maximum of 14.25 per cent
The drop in ownership is partly due to FPI selling, but more importantly on account of increase in MF holding