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FOREIGN EQUITIES
Swiggy board approves 49.5% foreign ownership cap, renews bid to become Indian-ownedThe cap will allow Swiggy to remain majority Indian-owned, which in turn, will enable it to transition to an inventory-led model. Swiggy's ...
Oil at $90-100 will impact macros and the market: Sunil Koul, Goldman SachsGlobal investors show increased interest in India's equity markets recently. Corporate earnings and economic performance have remained quit...
Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
RBI sold $6 billion in May to defend oil-hit Indian rupee, data showsThe Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...
Karnataka attracts $13 billion in FDI as tech, GCC investments surgeKarnataka's foreign direct investment nearly doubled to thirteen billion dollars last financial year. Tech investors and global capability ...
RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
Foreign income taxation: Employees, investors, freelancers check these aspects to prevent double taxation on same foreign income while filing ITR for AY 2026-2027Indian taxpayers earning global income face potential double taxation concerns. India's tax treaties offer relief through credits or exclus...
Rupee falls 11 paise to 96.36 against US dollar in early tradeThe rupee fell eleven paise to 96.36 against the US dollar on Wednesday. Crude oil prices climbed due to geopolitical tensions and shipping...
RBI plans unified code for foreign investment in equity instrumentsThe Reserve Bank of India proposed new rules for overseas fund flows. These draft norms will replace existing regulations governing foreign...
RBI issues draft for future-ready rules related to foreign investmentsThe Reserve Bank of India has proposed new foreign investment rules. These simplified rules aim to enhance clarity and reduce complexity. I...
Global Market: Indonesia stocks attract bargain hunters as AI rally loses steamGlobal investors are shifting funds into Indonesia's stock market, which has seen significant declines. This rotation occurs as the rally i...
South Korea’s Kospi jumps 4% after 31% crash from June peak. What’s ahead?South Korea's Kospi index saw a significant jump, recovering some losses after a sharp decline. Shares of chipmakers like Samsung Electroni...
India's outward FDI drops 48% to $3 billion in JuneOutward foreign direct investment commitments dropped by 48 percent in June. Equity commitments also saw a substantial decrease compared to...
India says no proposal to offer long-term tax relief for domestic equity investorsIndia's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...
After record $29 billion selloff, FIIs buying India again. Chris Wood explains whyAfter a record $29 billion foreign selloff, FIIs have turned net buyers of Indian equities in July. Jefferies' Christopher Wood says the ea...
FIIs will return to India, but these 5 reasons will keep them at bay for some timeFII selling has remained a key headwind for Indian equities since 2024, with foreign investors pulling out $32 billion amid the Middle East...
HSBC upgrades Indian equities to 'neutral' on easing oil prices, return of foreign flowsHSBC upgraded Indian equities to Neutral from Underweight on Thursday. Easing crude oil prices reduced earnings risks for Indian companies....