India investors News
The report, titled Institutional Investors - Talent Trends and Insights, highlights that India’s market capitalisation has recorded an over four-fold jump from $1.2 trillion to $5.2 trillion over the last 10 years, spurred by significant expansion in the institutional investor sector.
After a 'dream run' last year, private equity investments eased in the first half of this year with deals worth USD 5.8 billion, down nearly 46 percent as investors went on a 'wait and watch' mode.
A rally in India`s bond market this month could prove short-lived as investors brace for as much as USD157 billion in sovereign debt sales over the next year, including from states financing a big bailout of electricity utilities, analysts warn.
Modi also faces a fraught domestic environment amid widespread doubts about the accuracy of data showing India`s economy grew at 7.3 percent in the October-December quarter, higher than China.
Modi stressed on the idea to 'create many Singapores' within India.
The ceiling coupon rate for AAA-rated issuer of tax-free bonds has been fixed at 55 basis points below the government bond yield for retail investors and 80 basis points for other investors.
The NSE benchmark Nifty retreated from its 2-1/2 month high and ended modestly lower by 8 points as investors turned cautious and booked profits after a two-day upmove and Greece uncertainty.
To check mis-selling of mutual funds and ensure compliance with norms, fund houses have begun using 'mystery shoppers' to catch errant agents and also to get feedback from investors.
Dispelling any notion of waiting and watching by the long-term investors, Finance Minister Arun Jaitley said here on Wednesday that the India story is on a firm footing and whatever outstanding issues are there are under the government`s active consideration.
In a breather for investors, CBDT on Tuesday said taxmen won't resort to coercive methods to recover dues towards Minimum Alternate Tax (MAT) on capital gains made by FIIs and will wait for the Supreme Court order on the issue.
Investors have pumped in over Rs 1 lakh crore into various mutual fund schemes in the first two months of the current financial year, 2015-16, with equity and money markets contributing the most.
Clamping down on Alchemist Infra Realty for defying its orders to refund investors, Sebi today directed prosecution proceedings against the company and its directors as well as attachment of their properties to recover the money.
But India is currently ranked 142nd out of 189 countries in a World Bank "ease of doing business" global league table.
Indian firms have spurned some $15 billion worth of government tenders to make a range of weapons since 2013.
Indian stock markets have outshined gold and silver, fetching robust returns for investors in 2014-15.
Verma said the Indo-US trade volume would touch USD 500 billion, as anticipated by the American President, in due course.
Officials at Securities and Exchange Board of India (SEBI), which is seeking redress for millions of investors it says were burnt in conglomerate Sahara`s illegal bond scheme, say the group may not wholly own some of the properties in India it listed as proof of its ability to repay the savers.
Modi said the priority of his government is "growth and jobs" and to establish global benchmarks in areas such as governance, transparency and taxation.
Telling investors about improving ease of doing business in India, Finance Arun Jaitley on Thursday quipped that the number of industry leaders visiting his office has come down drastically as they do not need to come to seek permissions.
Sebi has written to the government asking for access to recovery mechanisms to other investors beyond banks and financial institutions.
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