Overseas Fund
Mauritius down; Norway, Singapore gain as FPI destinations in FY23
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.
 "Mauritius down; Norway, Singapore gain as FPI destinations in FY23")
International MF schemes get extra time to declare net asset values: Sebi
Funds can disclose NAV by 10 am the next day from July
 "International MF schemes get extra time to declare net asset values: Sebi")
BS poll: Rupee seen range bound, widening current account deficit a risk
Renewed overseas flows to provide support
 "BS poll: Rupee seen range bound, widening current account deficit a risk")
Pakistan halts overseas payments for online gaming and other apps
Army rejects claims about Gen Bajwa, family's assets; PTI Senator arrested for tweets against military officials
 "Pakistan halts overseas payments for online gaming and other apps")
India Inc's fundraising from overseas sinks to 76-qtr low in Q2: Data
Fund raise drops by 93.3% year-on-year to $210 mn in the quarter
 "India Inc's fundraising from overseas sinks to 76-qtr low in Q2: Data")
Foreign fund flows remain weak for banks despite RBI's liberal steps
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
 "Foreign fund flows remain weak for banks despite RBI's liberal steps")
RBI measures to have positive impact on oversesas fund inflows: DEA Secy
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.
 "RBI measures to have positive impact on oversesas fund inflows: DEA Secy")
Banking stocks tend to underperform during heavy selling by FPIs: Report
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
 "Banking stocks tend to underperform during heavy selling by FPIs: Report")
Overseas funds seek relaxations in IPO payment rules from Sebi
Current framework restrictive, impacting capital allocation, FPIs tell regulator
 "Overseas funds seek relaxations in IPO payment rules from Sebi")
Indian promoters likely to give personal guarantee on foreign assets
RBI proposal a departure from current norms under Fema
 "Indian promoters likely to give personal guarantee on foreign assets")
JSW Hydro Energy to issue USD-denominated notes in overseas markets
JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise funds
 "JSW Hydro Energy to issue USD-denominated notes in overseas markets")
RIL raises $1.4 bn in overseas debt to prepay Reliance Holding's loans
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
 "RIL raises $1.4 bn in overseas debt to prepay Reliance Holding's loans")
Flip-flops on India's dollar bond sale has left traders on tenterhooks
It was only on Monday that Finance Minister Nirmala Sitharaman said that she isn't rethinking the offshore plan
 "Flip-flops on India's dollar bond sale has left traders on tenterhooks")
Reserve Bank eases overseas fundraising norms to prop up the rupee
Liberalisation of the External Commercial Borrowing norms was among other measures announced by the government
 "Reserve Bank eases overseas fundraising norms to prop up the rupee")
