Resident Indians can only invest in FPIs whose exposure to India is less than 50% while total subscription by non-resident Indians (NRI) cannot exceed 50% of a fund corpus.
Japan’s Nikkei 25 Stock Average advanced for a second day, with retail shares rising after a travel pact was agreed with China. Australia and Hong
While the policy is aimed at improving tax compliance, it has created unintended challenges for fixed-income investors, particularly retail participants, an official said on Tuesday.
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