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PMO takes stock of tax surcharge impact on markets and FPIs

Friday, August 2, 2019, 4:26 PM

Senior bureaucrats in the prime minister's office (PMO) have met top finance ministry officials to discuss the foreign portfolio investment (FPI) surcharge, which has roiled the market, a government source said. The state of economy that is causing a great deal of concern was also talked about in the meeting held on August 1, the official said.
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FPIs pulled out Rs 83,000 crore in 2018 on oil prices, weak rupee

Sunday, January 6, 2019, 7:39 PM

Overseas investors pulled out over Rs 83,000 crore from the capital markets in 2018, after pouring in a record Rs 2 lakh crore in the preceding year, on the back of rate hikes in the US, rise in global crude prices and rupee depreciation. Foreign portfolio investors (FPIs) made a net withdrawal of about Rs 83,146 crore from the Indian markets in 2018.
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FPIs pull out nearly Rs 400 crore in just five sessions on global cues

Sunday, December 9, 2018, 3:32 PM

Foreign investors have pulled put close to Rs 400 crore from the Indian stock market in the last five trading sessions amid weakness in global equities due to the arrest of a high-profile Chinese executive. This comes following a net inflow of over Rs 6,900 crore in the equity market by Foreign Portfolio Investors (FPIs) on easing crude oil prices and a strengthening rupee.

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