Economic TimesLean R·
FPIs pump record funds into G-Secs after policy shift
Mumbai: Tax exemption on interest and capital gains, a wider investment basket and removal of limits have led to a record inflow of foreign funds into the government bond market this month.Daily inflows from foreign portfolio investors (FPIs) through the so-called fully accessible route (FAR) have turned positive in June and are so far the highest on record in this category.Bankers said the government measures announced on June 5 along with a stable rupee and a calmer geopolitical environment i…
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