May 07, 2026 07:22 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Who after Mamata in Bengal? Amit Shah to meet BJP MLA-elects ahead of May 9 oath | Vijay’s TVK seeks Congress, Left support after falling short of majority in Tamil Nadu | Jolt to TMC! Supreme Court rejects plea challenging central staff deployment at Bengal counting centres | Bangladesh MP warns of refugee crisis if BJP wins West Bengal polls | Diplomatic row: Bangladesh summons Indian envoy over Himanta Biswa Sarma remarks | Supreme Court grants Pawan Khera anticipatory bail in case over allegations against Himanta Biswa Sarma's wife | ‘Not necessary to humiliate me with arrest’: Pawan Khera to SC over remarks on Himanta Biswa Sarma’s wife | ‘Let’s not choose for people capable of choosing’: Supreme Court to Centre on teen pregnancy termination | I-PAC co-founder Vinesh Chandel gets bail after Bengal polls conclude | Exit Polls Give Bengal to BJP—But One Survey Begs to Differ

Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%

| | Jul 28, 2016, at 03:38 am
New Delhi, July 27 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for raising foreign shareholding limit from 5% to 15% in Indian Stock Exchanges for a stock exchange, a depository, a banking company, an insurance company, a commodity derivative exchange.
The Cabinet has also approved the proposal to allow foreign portfolio investors to acquire shares through initial allotment, besides secondary market, in the stock exchanges. 
 
The move will help in enhancing global competitiveness of Indian stock exchanges by accelerating/facilitating the adoption of latest technology and global best practices which will lead to overall growth and development of the Indian Capital Market. 
 
The approval is in pursuance of implementation of the Budget Announcement made by the Finance Minister Shri Arun Jaitley while presenting the Union Budget 2016-17 regarding reforms in FDI Policy with respect to enhancement of investment limit for foreign entities in Indian stock exchanges from 5% to 15% on par with domestic institutions. 
#Cabinet #Foreign investment #Stock Exchanges #PM Modi

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Bike-Borne Assailants Gun Down Suvendu Adhikari’s Aide in Madhyamgram Near Kolkata
Bike-Borne Assailants Gun Down Suvendu Adhikari’s Aide in Madhyamgram Near Kolkata May 07, 2026, at 12:59 am
In Images: Security scaled down at Abhishek Banerjee’s Kolkata residence after Trinamool poll defeat
In Images: Security scaled down at Abhishek Banerjee’s Kolkata residence after Trinamool poll defeat May 06, 2026, at 10:06 pm
Photo of the Day: Narendra Modi’s jhalmuri moment meets the poll aftermath outside Mamata Banerjee’s residence
Photo of the Day: Narendra Modi’s jhalmuri moment meets the poll aftermath outside Mamata Banerjee’s residence May 06, 2026, at 12:52 pm
Related Videos
Suvendu Adhikari Rushes to Hospital After Aide Shot Dead in Madhyamgram near Kolkata May 07, 2026, at 02:21 am
BJP leader Suvendu Adhikari’s PA shot dead in Madhyamgram on Wednesday night May 07, 2026, at 02:20 am
Security Scaled Down At Abhishek Banerjee’s House Santiniketan in South Kolkata May 06, 2026, at 05:04 pm