Diabytes
Finance Ministry of India News
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The Finance Ministry hopes that foreign portfolio investors' (FPIs) exposure to the domestic bond markets will rise from the present 65 percent of their permissible ceiling of USD 51 billion.
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Citing reforms and steps taken towards ease of doing business, the Finance Ministry today pitched for a rating upgrade with Moody's, while the US-based agency expressed concern over the state of bad loans in the banking sector.
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Having zeroed in on fund manager, the Finance Ministry is considering to launch second tranche of Exchange Traded Fund (ETF) comprising stocks of 10 PSUs by the end of December.
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