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The development comes at a time when Indian and Chinese armies are engaged in a standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh. Share on Share on Amidst growing tension between India and China , the finance ministry on Friday proposed putting restrictions on foreign investment in pension funds from any of India's bordering countries. Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 percent with automatic route. According to a draft notification circulated for comments, "A government approval would be required for the...
