India is set to boost foreign investment soon. The government plans to cut taxes on global funds investing in Indian bonds. Ownership limits on certain bonds may also be removed. These measures aim to attract more capital. The Reserve Bank of India is expected to allow unlimited access to some long-term government bonds for overseas investors.
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.