India Relaxes Disclosure Rules for Global Funds Amid Stock Market Growth

Reported 2 days ago

India's securities regulator has raised the threshold for global funds, exempting those with less than 500 billion rupees in assets from stringent disclosure requirements. This change, driven by a 13% rise in market value since the rules were implemented in November 2023, comes as foreign capital withdrawals have surged, prompting calls for a more inviting environment for international investors.

Source: YAHOO

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