Wooing Foreign Investors: India May Liberalise Forex Rules For Equity Investments — Profit Exclusive

The Indian government may liberalise foreign exchange rules for non-debt instruments, such as equity, mutual funds, and real estate. According to people in the know, the government is examining the possibility of reclassify Foreign Direct Investments (FDIs) as Foreign Portfolio Investments (FPIs) once they are listed. The move could potentially offer more operational and administrative flexibility, simplifying the process for foreign...