"All those restrictions will be reviewed as part of the bill, which means we will bring it together as an amendment to the Insurance Act."
Foreign investors' exodus has gathered pace after the re-opening of the Chinese economy. Even though FIIs sold stocks worth over Rs 1.2 lakh crore in the last calendar year, they were net buyers in the last two months of 2022. So, which stocks emerged as FII darlings in the quarter gone by? Watch this video to know!
Holdings of foreign investors in long index futures have risen by about six times from their September lows, to 127,000 contracts, while short bets have dropped 76% over the same period to 38,600 lots -- the least bearish positioning since April.
December will be the first month when stocks where FPIs have interest will be transferred to the T+1 settlement cycle. This may reduce traded volumes in these stocks
India is not divorced from global macro conditions and the growth prognosis at home is as grim (relative its own historical rates) as the rest of the world.
French companies are looking for partnerships in India to contribute to the country's renewable energy targets through innovative solutions and technology cooperation.
Mallya has said several times in the past that the company was in talks with potential investors, but the plans have not materialised so far.
Sebi committee recommends merging foreign investment in India's stock markets into a single investor class as well easing registration norms for foreign buyers.
Prashant Khemka of Goldman Sachs says, in an interview to CNBC-TV18, once catastrophic risks like the Greece are behind us and there is still potential in domestic demand-driven stocks.
He started his speech by saying “I have been at pains to state over and over again that India, at the present juncture, does not have the choice between welcoming and spurning foreign investment.
Neeraj Gambhir, managing director & co-head of fixed income Nomura India, says that the rupee may see bout of weakness as the overall policy-making climate looks week. There was some give up on account as there was no clear visibility as to what will happen in the Parliament.
Dinesh Kanabar, deputy CEO and chairman, tax of KPMG believes that every foreign investor will take into account the uncertainty in the Indian tax regime while making investment decisions.
Aashish Tater, head-financial research, Fort Share Broking, joins CNBC-TV18 to cherry pick his favorite stocks for the season that he is confident will return well over time.