Steps to attract inflows likely in a week, says Finance Ministry
Mumbai: After discussions between Finance Minister P. Chidambaram and FIIs and banks, the Finance Ministry on Saturday said steps to attract capital flows to fund the current account deficit can be e
Rupee to stabilise in 3-4 days: Finance Ministry
New Delhi: Amid the rupee touching a record low of 58.96 to a dollar, the Finance Ministry on Tuesday said it is 'not unduly disturbed' by the fall, and the domestic currency will stabilise in the ne
Govt announces steps to revive economic conditions
India took a handful of measures to prop up the embattled rupee on Monday, including increasing the limit on foreign investment in government bonds by $5 billion to $20 billion, the RBI said.
Also, t
Pranab meets FIIs to soothe nerves in view of sell-off plans
With slowdown in FII investment in equities looming over government's Rs40,000 crore sell-off plan, Finance Minister Pranab Mukherjee on Tuesday met institutional investors and asked them to stay opti
Foreign funds pump in $4.4 billion in September
Foreign institutional investors (FIIs) have pumped in $4.4 billion in the Indian equity market so far this month buoyed by strong economic growth outlook.
Foreign funds have been investing heavily i