The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders, provided their stakes remain unchanged. This move aims to provide flexibility in equity restructuring and improve capital management, aligning with the DPIIT’s April announcement and broader efforts to attract foreign capital.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction