FPI buying of debt via voluntary retention route gathers pace

FPI buying of debt via voluntary retention route gathers pace

Mumbai: Overseas debt purchases via the voluntary long-term investment route have accelerated sharply, with foreign holdings so far in May marking their highest monthly level in two years and this year’s commitments crossing the billion-dollar threshold in the latest demonstration of India‘s emergence as a global debt investment option. FPI investment in the debt-voluntary retention … Read more

Influx of inquiries from European companies on renewed interest in India: World Trade Center

Influx of inquiries from European companies on renewed interest in India: World Trade Center

India’s free trade agreement (FTA) talks with the European Union have sparked an interest from overseas investors and manufactures in the country. The World Trade Center (Pune) is receiving 10-15 inquiries every week from European companies who are keen to manufacture or distribute from India. “There is an influx of inquiries from Europe for India … Read more

FPIs pump in Rs 17,818 cr in just 4 trading sessions of December

FPIs pump in Rs 17,818 cr in just 4 trading sessions of December

NEW DELHI: Overseas investors remained net buyers to the tune of Rs 17,818 crore in Indian markets in first four trading sessions of December amidst better than expected economic recovery around the world and positive sentiment on the back of various vaccine results. As per depositories data, foreign portfolio investors (FPI) pumped in a net … Read more

Govt permits up to 74% FDI under automatic route in defence sector

Govt permits up to 74% FDI under automatic route in defence sector

NEW DELHI:The Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday issued a press note permitting foreign direct investment (FDI) in defence production above 74 per cent on the automatic route. This would be subject to access to modern technology or for ‘other reasons’ that needs to be recorded. FDI in defence production … Read more