Mumbai, Feb 15 (IANS) Foreign portfolio investors (FPIs) have made a strong comeback to Indian equity markets in early February, investing Rs 19,675 crore in the first fortnight of the month. The renewed interest comes after three straight months of heavy selling and is being supported by the US-India trade deal and easing global macroeconomic concerns.According to data from depositories, FPIs had pulled out large sums in the previous months.They withdrew Rs 35,962 crore in January, Rs 22,611 cr…
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Seoul, Dec 24 (IANS) The finance ministry here on Wednesday announced a package of tax benefits aimed at revitalising the domestic capital market, including a new incentive program for retail investors who sell overseas stocks and reinvest the proceeds in domestic assets.The latest steps come as part of a series of measures by foreign exchange authorities amid continued net capital outflows by domestic investors, with the Korean won nearing its weakest level against the U.S. dollar in 16 years, …