NATIONAL No reason for change in FII policy norms: SEBI In a bid to allay fears on tax on FII (Foreign Institutional Investments) funds, market regulator SEBI (Security and Exchange Board Of India) today (Jan 13, 2005) said that there was no reason for changing policy norms for FIIs investing in stocks.
Sensex rallied smartly during the morning trading After the overnight market crash, the sensex today (Jan 13, 2005) opened strong and rallied smartly during the morning trading, driven by a buying spree at the prevailing lower price levels.
Economists for tax reforms and promotion of FDI Pitching for radical tax reforms, economists yesterday (Jan 12, 2005) asked the Government to ease FDI (Foreign Direct Investment ) norms and push up investments in infrastructure to attain a higher 7.5 per cent economic growth.
