Foreign investors turned net sellers in the first half of September, offloading shares in consumer services, IT, and power sectors due to concerns over profitability and rising costs. Financial services saw renewed interest, driven by attractive valuations in state-owned lenders. Automobiles, capital goods, and metals & mining also attracted inflows, but overall, foreign investors remained cautious amid global uncertainty.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025