Indian companies raised over USD 727.33 million from overseas markets in April 2015, down 77.3 per cent from a year ago, according to RBI data.
Udayan Mukherjee, managing editor, CNBC-TV18 says the current slump in the market is due to lack of retail participation apart from the rupee‘s steep weakness.
Prof Daniel Fischer, senior partner in Swiss law firm Fischer & Partners, in an interview with CNBC-TV18's Menaka Doshi suggested that India should take the amnesty route in order to recover Indian black money from Swiss accounts.