FIs can obtain self-certification via internet banking: CBDT
Under the FATCA and CRS, Financial Institutions (FIs) can now obtain self-certification through internet banking platform from the user account where the customer has transaction rights, the CBDT said on Friday.
May 28, 2016, 18:04 PM IST
98% FDI coming via automatic route: DEA Secretary
Finance Ministry today said 98 percent of foreign direct investment is coming into India through the automatic route and as a "positive sign" the number of applications being routed via the FIPB approval route has started declining
Apr 09, 2016, 18:56 PM IST
FPIs infuse Rs 11,000-crore in stock markets in March
Overseas investors are raising their bets on Indian market as they have pumped in over Rs 11,000 crore into the domestic equities so far this month on continued hopes that the RBI would bring down the monetary policy rate.
Mar 20, 2016, 14:14 PM IST
Investment via P-Notes slumps to 16-month low of Rs 2.31 lakh crore
Investment through participatory notes (P-Notes) into India's capital markets has hit a 16-month low of Rs 2.31 lakh crore at the end of January amid weakness in equity markets.
Mar 01, 2016, 15:40 PM IST
FPIs selling spree continues; withdraw Rs 6,500 cr in December
Continuing their selling spree, foreign investors have pulled out more than Rs 6,500 crore from the capital markets since beginning of the month on account of weak global cues.
Dec 27, 2015, 11:48 AM IST
Watch : What experts say on FIIs approach towards Indian market
Listen to our experts talk about the mood and approach of foreign investors regarding the Indian market.
Dec 24, 2015, 12:06 PM IST
RBI restricts further FII purchase of Prestige Estate stake
The Reserve Bank has put a restriction on further buys in Prestige Estate Projects' shareholding by foreign buyers as the prescribed limit of 24 percent has been crossed.
Oct 02, 2015, 17:16 PM IST
CBDT asks officials not to pursue pending MAT cases
Days after the government decided to exempt foreign funds from tax on profits earned before April 1, the CBDT on Thursday issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand.
Sep 03, 2015, 12:43 PM IST
SEBI seeks to step up scrutiny of offshore wealth managers: Sources
Attracted by a growing number of Indian millionaires, foreign banks including Barclays Plc, BNP Paribas SA and Standard Chartered Plc are offering onshore wealth management services in India under the regulatory supervision of local watchdogs.
Aug 06, 2015, 21:47 PM IST
FII inflows into equities turn positive in July after 3 months
After three months of continuous outflows, overseas investments into the Indian equities turned positive at USD 882 million during July, says a report.
Aug 05, 2015, 21:32 PM IST
RBI lifts restrictions on FIIs to buy shares in BoB
The Reserve Bank has removed restrictions placed on foreign investors to buy shares in public sector lender Bank of Baroda, as the said limit has gone below threshold.
Jul 23, 2015, 21:49 PM IST
Govt bonds over-subscribed; FIIs put in bids worth Rs 751-cr
Government bonds Monday attracted bids of Rs 751 crore from foreign investors against Rs 403 crore worth of securities put on offer.
Jul 20, 2015, 21:06 PM IST
Foreign investments get composite caps; retailers to benefit
The limit of portfolio investment in banking is capped at 49 percent while in defence it is 24 percent.
Jul 16, 2015, 16:57 PM IST
Cabinet gives nod to foreign investment composite cap
In a bid to streamline the FDI structure, the government today introduced a composite foreign investment cap by clubbing all forms of overseas investments to define sectoral limits.
Jul 16, 2015, 15:11 PM IST
India simplifies foreign investment rules, banks to benefit
India has simplified rules for foreign investment in companies by clubbing together different categories, Finance Minister Arun Jaitley.
Jul 16, 2015, 14:37 PM IST
Syngene gets nod to raise foreign investment to 44%
Syngene, a subsidiary of Biocon, on Monday said it has received the Foreign Investment Promotion Board (FIPB) approval for raising foreign investment in the company to 44 percent from the earlier approved 10 percent.
Jun 22, 2015, 15:27 PM IST
'Robust FII inflows look difficult; focus on increasing FDI'
To overcome such a situation, the industry body has suggested "a major offensive" to attract foreign direct investment (FDI), especially in infrastructure and manufacturing sectors.
Jun 14, 2015, 11:27 AM IST
Equity market may be volatile for few months: Deutsche Bank
The market direction will also be determined by the ebb and flow of macro data from the US, which will impact the market's assessment of the onset, pace and quantum of the Federal Bank's lift-off on interest rates, it said.
Jun 07, 2015, 12:42 PM IST
Revenue Secretary meets Shah; tax experts to be part of panel on MAT
Revenue Secretary Shaktikanta Das met Law Commission Chairman Justice Shah on Friday in this regard, sources said.
May 08, 2015, 18:02 PM IST
FIPB defers Kotak Mahindra Bank proposal for raising FII limit
An inter-ministerial panel Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.
Apr 30, 2015, 18:22 PM IST
