1,235 new FPIs register with SEBI in Apr–Dec FY’18

1,235 new FPIs register with SEBI in Apr–Dec FY’18 As many as 1,235 fresh foreign portfolio investors (FPIs) were registered with SEBI in April–December of the current fiscal, mainly due to their continued interest in the Indian capital markets, latest data from the regulator showed.In comparison, close to 3,500 new FPIs registered with Securities and […]

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CSO revises FY16 GDP growth to 8.2%, FY17 unchanged at 7.1%

CSO revises FY16 GDP growth to 8.2%, FY17 unchanged at 7.1% Under the third revision, the CSO has estimated GDP growth in 2014-15 at 7.4 per cent from earlier estimates of 7.5 per cent. The Central Statistics Office on Wednesday revised the Gross Domestic Product (GDP) growth rate for 2015-16 to 8.2 per cent from […]

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SEBI agrees to transfer Rs 16.7 billion of surplus funds to government

SEBI agrees to transfer Rs 16.7 billion of surplus funds to government Extra funds with regulatory bodies have been a contentious issue for year. Capital markets regulator, the Securities and Exchange Board of India (Sebi), has agreed to transfer Rs 16.7 billion of its surplus funds to the government. The Centre has been eyeing these […]

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GST e-way bill to go live on budget day, industry fears disruption

GST e-way bill to go live on budget day, industry fears disruption GSTN expects that around 700,000-800,000 GST e-way bills will be issued every day across the country, CII wants their validity to be increased to 5 days from one day now The e-way bill, key to preventing tax evasion under the goods and services […]

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