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Foreign funds News

26 Sep 2023

NGOs Registered Under FCRA Need To Share Details Of Foreign Funding

The new govt rules require NGOs with FCRA licence to submit details of movable and immovable assets created out of foreign contributions.

13 Sep 2017

Sensex closes marginally higher, but Nifty in red

The 30-share Sensex opened strong, but succumbed to late sell-off before ending marginally higher by 27.75 points, or 0.09 percent at 32,186.41.

Karti Chidambaram

23 Aug 2017

INX Media case: Karti Chidambaram appears before CBI in graft case

Karti Chidambaram, son of former Finance Minister P. Chidambaram, on Wednesday appeared for questioning before the CBI in a matter related to alleged irregularities in FIPB clearance to INX Media in 2007.

17 May 2017

BJP, Congress, AAP given 15 days more to explain foreign funds

The ruling BJP, the Congress and the AAP, which were asked by the Centre to furnish details of the sources of their overseas funding, have been given 15 days more to file their replies.

Flow of foreign funds into India

28 Apr 2017

India sees highest listed foreign funds inflows at $1.7 billion

Listed foreign funds pumped in $1.7 billion into India during March -- the highest flows among the emerging countries, says a report.

13 Feb 2017

5 foreign funds issued P-notes to Indian nationals: Sebi

In a crackdown on alleged misuse of P-Notes for round-tripping, markets regulator Sebi has found five foreign funds to have issued these controversy- ridden offshore investment instruments to Indian nationals.

19 Nov 2016

Massive outflow of foreign funds as foreign investors take flight

Massive outflow of foreign funds, along with rupee depreciation and political bickering over the government`s recent demonetisation move, plunged the key Indian equity markets by around 2.50 percent during the just-concluded week.

11 Nov 2016

NGOs will no longer receive any foreign funds, says Home Ministry official

The registration of the 1,736 NGOs under Foreign Contribution Regulation Act expired after these organisations failed to submit required documents for renewal of their licence by November 8.

10 Sep 2016

Markets remain bullish on value buying, foreign funds inflow

Indian equity markets remained bullish, witnessing a good rally during the abbreviated trading week ended Friday, prompted by a healthy inflow of foreign funds and value buying by investors.

16 Jun 2016

Teesta Stelvad's NGO barred from receiving foreign funds as MHA cancels its FCRA licence

An NGO run by civil rights activist Teesta Stelvad, who has espoused the cause of Gujarat riot victims, was Thursday banned from receiving foreign funds, with the Home Ministry cancelling its FCRA licence.

16 Mar 2016

Edelweiss ARC eyes stake sale, to raise around Rs 2,000 crore

With a large number of bad loans likely to be put on block by banks following RBI's asset quality review, Edelweiss ARC is bullish about its business and is gearing to have a war chest of around Rs 2,000 crore to cash-in on the expected boom in the sector.

11 Jan 2016

Foreign funds to keep off equities on muted earnings: BofA-ML

Muted earnings growth expected in the December quarter will keep away foreign investors from re-entering the Indian equity markets, Bank of America-Merrill Lynch has warned.

03 Sep 2015

CBDT asks officials not to pursue pending MAT cases

Days after the government decided to exempt foreign funds from tax on profits earned before April 1, the CBDT on Thursday issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand.

Minimum Alternate Tax

09 May 2015

Fitch warns of foreign funds exodus over retro tax

The data furnished by the National Securities Depository Limited (NSDL) showed that FPIs pumped-in only Rs 18.77 crore or USD 3.01 million into primary and other markets for the week under review.

07 May 2015

Foreign funds dumped stocks, bond worth $630 million on Wednesday

Foreign investors sold around USD 630 million in Indian shares and bonds on Wednesday, marking the biggest single-day sales since January 2014.

22 Apr 2015

'Govt plans to sell road projects worth Rs 1L cr to foreign funds'

The government plans to sell highways projects worth Rs 1 lakh crore to foreign pension and insurance funds to attract overseas investments into the sector, Union Minister Nitin Gadkari said on Wednesday.

19 Apr 2015

Foreign fund inflows cross Rs 83,000 cr this year

Analysts expect the inflows to accelerate further in view of clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti Avoidance Rules (GAAR).

06 Apr 2015

100 foreign funds get tax demands; total bill may hit $10 bn

Till March 31, close to 100 FIIs got notices from the Tax Department for a controversial Minimum Alternate Tax (MAT) of 20 per cent, while they are now being followed up with Assessment Orders.

24 Feb 2015

Govt seeks foreign funds for infra projects worth over $75 bn

Government is seeking overseas investment for infrastructure projects worth over USD 75 billion in sectors like power, roads and railways over the next few years.

Overseas investment ceiling

03 Feb 2015

Indians can invest up to $2,50,000 annually overseas

Encouraged by foreign exchange reserves touching record levels, the Reserve Bank on Tuesday doubled the annual overseas investment ceiling for individuals to USD 2,50,000.

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