SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved

In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and compliance requirements for foreign investors. As per new measures: A new category ..

Month: Current Affairs - June, 2013

Government raises foreign investment limit in G-secs by $5 billion

In a move that would encourage foreign portfolio investment in Indo, the Government hiked the investment limit for foreign portfolio investors in government bonds by $5 billion to $30 billion. However, the enhanced limit of $5 billion will be available ..

Month: Current Affairs - June, 2013