The Reserve Bank of India (RBI) has introduced a new framework that allows foreign portfolio investments (FPIs) to be reclassified as foreign direct investments (FDI) if they exceed a 10% ownership threshold in an Indian company. This move aims to simplify investment procedures for foreign investors and encourage long-term engagement in the Indian market.from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dbMQ2po
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