In the last five years, the share of local funds rose by more than 500 basis points aided by an investment of Rs 5.3 lakh crore compared with Rs 3.1 lakh crore poured by foreign portfolio investors.
In recent weeks, over a dozen foreign investors have received notices from India’s income tax department for allegedly skipping taxes on substantial transactions from 2018
A gauge of Chinese stocks listed in the US plunged 8.9% on Friday, the most since October 2022, amid global market turmoil after Beijing announced
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