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The rules for foreign portfolio investors will be simplified.
The main index, the Bombay Sensex, went from 3,427 to nearly 4,000 within the week.In this section Immorality in Afghanistan Free at last? India looks east Sharif-2 Price of power Next, please Drifting away ReprintsThe budget increases the investment limit for foreign portfolio investors in Indian companies from 24% to 30%.
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He expects measures to slow, but not obstruct, flows of foreign portfolio investment.
The fund charges a fairly light (for a foreign portfolio) 1.16% of assets yearly in expenses, though there's a hefty front-end load that can be as high as 5.75%.
The mainland's markets are closed to foreign portfolio investors, except for a handful of shoddy companies with hard-currency "B" shares.
Mr Bhalla is especially cock-a-hoop over promises to deepen capital markets, where for the first time local managers will be allowed to handle foreign portfolio investment.
Letting in foreign portfolio investors should help start a secondary market for distressed loans, says Rajendra Kakker, Arcil's chief executive.Some say the rules may prove too restrictive to attract large foreign investments.
Foreign portfolio investors have rushed in.
data on foreign portfolio investment flows in all 49 countries.
This would be a risk for any country that tried controls, but Dr Mahathir has shortened the odds by continuing to berate foreign portfolio investors at every opportunity.
Browder, once the largest foreign portfolio investor in Russia, has infuriated Putin by lobbying western governments to punish those responsible for Magnitsky's death.
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