Foreign investment rules: FPI investment by the Chinese


Source: financialexpress.com financialexpress.com

Key Topics in this News Article:

News Snapshot:

Transforming education! NEP 2020: Voice of the unheard In the meanwhile, political tensions with China reached an all-time high, and there was a military standoff at the LAC. At this time, reports suggested that the Indian government was obtaining information from RBI and SEBI on the registered FPI from China in India for closer scrutiny of their investment, though no final decision had yet been made in this regard. At the end of April 2020, the Indian government notified the amendment to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, through which it was made clear that the restriction applied...