Insights
FM Sitharaman Signals More Measures to Attract Global Capital Into India
This Insights piece dives into Finance Minister Nirmala Sitharaman's recent announcement signalling further government initiatives to attract foreign capital into India. Building on recent policy adjustments, the government, in collaboration with the RBI, is actively working to make Indian debt markets, particularly government securities, more appealing to Foreign Portfolio Investors (FPIs). Key measures include eased access for FPIs to these securities, alongside tax exemptions on interest and capital gains income. This strategic push aims to enhance capital flows, bolster the India economy, and reinforce India's position as a favourable investment destination for global financial institutions (FIIs). The focus is on creating a more robust investment policy to encourage sustained foreign investment.
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Insights
New Market Closing Timings Begin Today: What Every Trader Should Know
- Non-F&O stocks will stop normal trading at 3:15 PM under the revised market timings.
- F&O stocks continue trading till 3:30 PM before the closing auction session begins.
- Equity derivatives will now trade until 3:40 PM, extending market hours by 10 minutes.
Insights
Oil PSU Q1 Losses Far Below ₹75,000 Crore Fears, Easing Pressure
- Oil PSU June quarter losses stayed well below the government's ₹75,000 crore estimate.
- Lower under-recoveries and timely policy measures helped limit financial impact on PSUs.
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