August 18, 2026 05:49 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
BJP reshuffles top organisation seven months after Nitin Nabin's elevation | West Bengal STF arrests suspected aide of ISI 'agent' Rana Rauf in Kolkata | ‘Very hopeful’: Indian envoy Dinesh Trivedi breaks silence on PM Tarique Rahman’s proposed India visit | Shehzad Poonawalla doubles down on BJP exit, urges party to accept resignation | Tarapith tragedy: Seven pilgrims killed as hotel goes up in flames before dawn | Bengal STF nabs suspected aide of ISI 'agent' Rana Rauf in Kolkata | After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar

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
In Images: PM Modi’s 80th Independence Day address, grand celebrations at Red Fort
In Images: PM Modi’s 80th Independence Day address, grand celebrations at Red Fort Aug 15, 2026, at 03:42 pm
In Images: Kolkata’s Red Road comes alive with Independence Day parade, tableaux and drills
In Images: Kolkata’s Red Road comes alive with Independence Day parade, tableaux and drills Aug 15, 2026, at 02:23 pm
In Images: Suvendu Adhikari pays tribute to Khudiram Bose in Keshpur
In Images: Suvendu Adhikari pays tribute to Khudiram Bose in Keshpur Aug 11, 2026, at 11:47 pm
Related Videos
State buses to have CCTV cameras installed: Aug 06, 2026, at 11:55 am
Exiled Bangladeshi writer Taslima Nasreen visits Indian Coffee House in Kolkata Aug 05, 2026, at 03:17 pm
Exiled Bangladeshi writer Taslima Nasreen in Kolkata Aug 05, 2026, at 03:17 pm