foreign institutional investors

Sensex gains 66 points in special trading


September 8th, 2012 - 4:06 pm ICT by IANS
Mumbai, Sep 8 (IANS) A benchmark index of Indian equities markets gained 66 points higher in a special trading session Saturday.The 30-scrip sensitive index (Sensex) of the Bombay Stock ... Read more...

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GAAR panel expanded to cover non-resident tax payers


September 1st, 2012 - 7:56 pm ICT by IANS
New Delhi, Sep 1 (IANS) The government Saturday expanded the scope of the expert committee on General Anti-Avoidance Rules (GAAR) to include all non-resident tax payers, even as the committee ... Read more...

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India’s forex reserves decline by $250 million


August 25th, 2012 - 5:21 pm ICT by IANS
Mumbai, Aug 25 (IANS) India's foreign exchange (forex) reserves declined by $250 million to $288.91 billion for the week ended Aug 17, 2012, the Reserve Bank of India's (RBI) data ... Read more...

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PM refers tax on portfolio investments to GAAR Committee


July 30th, 2012 - 9:19 pm ICT by IANS
New Delhi, July 30 (IANS) Prime Minister Manmohan Singh Monday referred the issue of implications of amendment to taxation of portfolio investment on FIIs and portfolio investors to the ... Read more...

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India’s forex reserves plunges by $336 million


July 14th, 2012 - 5:31 pm ICT by IANS
Mumbai, July 14 (IANS) India's foreign exchange reserves (forex) plunged by $336.5 million to $287.62 billion in the week ended July 6, data from India's central bank showed.The Reserve Bank ... Read more...

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Indian rupee slips below 56 against the dollar


July 9th, 2012 - 4:29 pm ICT by IANS
Mumbai, July 9 (IANS) The Indian rupee slipped below 56 against the dollar Monday, the lowest level in more than a week, tracing similar weakness in other Asian currencies ... Read more...

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India’s forex reserves grow by $1.36 bn


July 7th, 2012 - 4:03 pm ICT by IANS
Mumbai, July 7 (IANS) India's foreign exchange reserves (forex) grew by $1.36 billion to $289.992 billion for the week ended June 29, data from India's central bank showed.Foreign currency assets, ... Read more...

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India’s forex reserves down $0.76 billion


June 30th, 2012 - 3:15 pm ICT by IANS
Mumbai, June 30 (IANS) India's foreign exchange reserves (forex) fell by $0.76 billion to $288.62 billion for the week ended June 22, official data showed.The RBI is believed to have ... Read more...

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India raises overseas investment limit in government, corporate bonds (Lead)


June 25th, 2012 - 5:10 pm ICT by IANS
Mumbai, June 25 (IANS) In a bid to prop up the battered currency, the Reserve Bank of India (RBI) Monday hiked the limit of overseas investments in government and ... Read more...

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RBI announces steps to revive rupee


June 25th, 2012 - 4:16 pm ICT by IANS
Mumbai, June 25 (IANS) The Reserve Bank of India (RBI) Monday announced a series of measures, including raising limits for external commercial borrowings and government securities, that would help revive ... Read more...

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India’s forex reserves grow to $289 bn


June 23rd, 2012 - 3:37 pm ICT by IANS
Mumbai, June 23 (IANS) India's foreign exchange reserves (forex) grew by $2 billion to $289.39 billion for the week ended June 15, official data showed.The forex recovered in the week ... Read more...

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Sensex above 17,000, JP Morgan upgrades Indian stocks (Lead)


June 21st, 2012 - 6:56 pm ICT by IANS
Mumbai, June 21 (IANS) A benchmark index of Indian equities markets rallied in the last hour of trade Thursday to close above the 17,000-mark. The rebound was mainly due ... Read more...

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India’s forex reserves grow to $287.37 billion


June 17th, 2012 - 8:12 pm ICT by IANS
Mumbai, June 17 (IANS) After falling for five straight weeks, India's foreign exchange reserves grew by $1.52 billion to $287.37 billion for the week ended June 8, 2012, official data ... Read more...

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India’s forex reserves plunge to $285.85 bn


June 8th, 2012 - 7:30 pm ICT by IANS
Mumbai, June 8 (IANS) India's foreign exchange reserves plunged by $2.40 billion to $285.85 billion for the week ended June 1, apparently due to the central bank selling dollars to ... Read more...

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India pitches for ratings upgrade from Fitch


May 17th, 2012 - 9:04 pm ICT by IANS
New Delhi, May 17 (IANS) The Indian government Thursday asked Fitch to upgrade the country's sovereign ratings, claiming that current account and fiscal deficit were under control and flow ... Read more...

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Rupee hits record low of 54.50 against dollar (Lead)


May 16th, 2012 - 7:21 pm ICT by IANS
Mumbai, May 16 (IANS) The Indian rupee slumped to a record low of 54.50 against the US dollar Wednesday with risk aversion in global markets adding to the pressure, ... Read more...

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Slowdown a concern, but India’s growth story intact: Pranab


May 16th, 2012 - 6:02 pm ICT by IANS
New Delhi, May 16 (IANS) Blaming the eurozone crisis for the economic slowdown and the sharp drop in the stock markets, Finance Minister Pranab Mukherjee Wednesday said India's growth ... Read more...

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Rupee dips to record low of 54.42 against dollar


May 16th, 2012 - 3:27 pm ICT by IANS
Mumbai, May 16 (IANS) The Indian rupee slumped to a record low of 54.42 against the US dollar Wednesday due to rising concern over fiscal deficit and poor economic ... Read more...

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Ask NRIs to increase remittances: Assocham


May 13th, 2012 - 5:23 pm ICT by IANS
New Delhi, May 13 (IANS) Increasing internal demand and motivating expatriates to send home more remittances may solve the Indian economy's problems due to a depreciating rupee, an industry ... Read more...

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Capital gains tax on private equity lowered


May 7th, 2012 - 8:18 pm ICT by IANS
New Delhi, May 7 (IANS) The central government Monday announced the lowering of capital gains tax on private equity investments to 10 percent from the existing 20 percent."Currently, long ... Read more...

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GAAR adding to investors’ anxiety: ICRA


April 26th, 2012 - 9:17 pm ICT by IANS
Kolkata, April 26 (IANS) Credit rating agency ICRA Thursday said the provisions of the General Anti-Avoidance Rules (GAAR) prescribed in this year's budget has added to investors' anxiety."Not lack ... Read more...

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India eases overseas investment norms for commodity exchanges


April 10th, 2012 - 5:47 pm ICT by IANS
New Delhi, April 10 (IANS) Foreign institutional investors (FIIs) can now invest up to 23 percent in Indian commodity exchanges without government approval, the commerce and industry ministry said Tuesday.In ... Read more...

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Sensex rises 204 points on short covering, tax clarity (Roundup)


March 27th, 2012 - 6:18 pm ICT by IANS
Mumbai, March 27 (IANS) A benchmark index for Indian equities markets Tuesday closed 204 points higher on short covering before the month's contract expiry and after reports that the ... Read more...

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Sensex slips to two-month low over tax issues (Roundup)


March 26th, 2012 - 7:27 pm ICT by IANS
Mumbai, March 26 (IANS) Indian equities markets closed lower Monday with a benchmark index falling 309 points to a two-month low as traders feared the government was planning to ... Read more...

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Fifth straight weekly loss for Sensex (Weekly Market Review)


March 24th, 2012 - 4:26 pm ICT by IANS
Mumbai, March 24 (IANS) Short covering and anxiety over the Reserve Bank of India's ability to ease interest rates next month weighed heavy on Indian equities markets as a ... Read more...

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Sensex closes 285 points higher despite dull global cues (Roundup)


March 21st, 2012 - 7:49 pm ICT by IANS
Mumbai, March 21 (IANS) Helped by robust buying in capital goods and realty stocks, a benchmark index for Indian equities markets zoomed in the second half of trade Wednesday, ... Read more...

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Sensex snaps out of three-day losing streak (Roundup)


March 20th, 2012 - 6:53 pm ICT by IANS
Mumbai, March 20 (IANS) A benchmark index for Indian markets Tuesday closed amid high volatility on a lacklustre note but snapped a three-day losing streak. Global cues were negative ... Read more...

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Sensex closes lower for third consecutive day (Lead)


March 19th, 2012 - 6:24 pm ICT by IANS
Mumbai, March 19 (IANS) A benchmark index for Indian markets closed 193 points lower amid heavy selling in realty, power and capital goods scrips Monday in its third consecutive ... Read more...

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New tax saving scheme for equity investment, STT cut proposed


March 16th, 2012 - 5:31 pm ICT by IANS
New Delhi, March 16 (IANS) To encourage retail investors to participate more in the capital market, Finance Minister Pranab Mukherjee Friday proposed a new tax exemption scheme -- Rajiv ... Read more...

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Sensex closes 105 points up, at three-week high (Roundup)


March 14th, 2012 - 7:02 pm ICT by IANS
Mumbai, March 14 (IANS) A benchmark index for Indian markets Wednesday closed within striking distance of the 18,000 mark, gaining 105 points. It was at a three-week high with ... Read more...

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Sensex closes flat on reforms worries (Roundup)


March 7th, 2012 - 6:48 pm ICT by IANS
Mumbai, March 7 (IANS) A benchmark index for Indian markets closed flat in volatile trade Wednesday as investors were worried about the government's ability to push key reforms following ... Read more...

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Sensex logs second consecutive weekly loss (Weekly market review)


March 3rd, 2012 - 3:14 pm ICT by IANS
Mumbai, March 3 (IANS) Indian equities markets fell for the second consecutive week, with traders continuing to book profits across the market breadth in the run up to the ... Read more...

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Sensex edges up but ends lower for second consecutive week (Roundup)


March 2nd, 2012 - 7:13 pm ICT by IANS
Mumbai, March 2 (IANS) A benchmark index for Indian markets Friday closed lacklustre amid volatility and ended the week in the red. Realty stocks were the biggest losers amid ... Read more...

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Markets under pressure, Sensex closes 168 points down (Roundup)


March 1st, 2012 - 6:43 pm ICT by IANS
Mumbai, March 1 (IANS) Indian equities markets continued to reel under selling pressure after making robust gains in the first two months. A benchmark index Thursday closed 168 points ... Read more...

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Sensex closes quiet as GDP numbers disappoint (Roundup)


February 29th, 2012 - 7:16 pm ICT by IANS
Mumbai, Feb 29 (IANS) A benchmark index for Indian markets Wednesday gave up its intra-day gains and closed on a flat note with sentiments dampened as official data showed ... Read more...

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