As per the latest depositories data, foreign portfolio investors (FPIs) withdrew a net sum of Rs 4,953.77 crore from equities during July 1-12, but poured in a net Rs 8,504.78 crore into the debt market, translating into a cumulative net investment of Rs 3,551.01 crore.
There were concerns that the increased surcharge on super-rich could also affect foreign funds investing in India since a same tax structures apply for individuals, Hindu Undivided Family and Associations of Persons (AoPs).
According to data available with the depositories, FPIs withdrew a net amount of Rs 5,880 crore during January 1-25
According to data available with the depositories, FPIs withdrew a net amount of Rs 3,677 crore from equities during January 1-12.
This was the worst year for Indian capital markets in terms of overseas investment since 2002, the last year for which segregated FPI data for equity and debt markets are available.
FPIs have been net sellers almost throughout this year barring some months such as January, March, July and August.
Besides, the panel has suggested giving six months to FPIs for compliance to new rules, after they are finalised, while the non-compliant investors can be given further 180 days to wind down their existing positions.
According to the latest depository data, foreign portfolio investors (FPIs) pumped in Rs 2,409 crore into equities and Rs 5,168 crore into the debt market during August 1-17, taking the total to Rs 7,577 crore.
Capital market regulator SEBI on Tuesday said It would be "too early" to hold the central government's demonetisation move responsible for the massive pullout of foreign portfolio investment from India during the October-December quarter
New Delhi: Nothing wrong in government demanding Rs 40,000 crore as tax dues from the foreign institutional investors, industry chamber CII today said, stressing that India is not a "tax heaven"."When the government says that
Mumbai: The Indian rupee today reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback on weakness in local equities amid fresh dollar demand from importers. A firm dollar overseas
New Delhi: Overseas investors have poured in over $4 billion in the Indian capital markets this month taking total inflows to over $40 billion since January.The net investment by foreign investors into equities was Rs
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