Global funds' asset under custody see second-worst plunge amid market rout

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

Worsening Canada-India diplomatic ties may take a toll on FPI flows

Deteriorating ties between India and Canada could have a bearing on flows into the domestic capital markets. At present, Canada is the seventh largest country for foreign portfolio investor (FPI)......

Sebi proposes enhanced disclosure requirements for high-risk FPIs

The Securities and Exchange Board of India (Sebi) has proposed stricter disclosure norms for certain foreign portfolio investors (FPIs) to bring in more transparency and trust against the backdrop......