Net capital flows is expected to ease off in the last quarter of 2010-11, Centre for Monitoring Indian Economy (CMIE) has said in its monthly review.
"We expect foreign investments,
Finance Minister Pranab Mukherjee today said he would not press the panic button due to high capital inflows, including an over USD 38 billion by FII's till November, though a
India's current account deficit which represents net outflow of income from the country barring capital movement surged to USD 13. 7 billion in April- June this fiscal
Sensex rose 218 points to an eight-week high after a rally, led by market leader Reliance Industries, on hopes of better quarterly earnings.
Domestic equity markets are fast integrating themselves with the major global peers, a trend that helped in larger capital inflows from overseas investors during the current fiscal, the Economic Survey
The rupee today depreciated by 10 paise to 46.63 a dollar in opening trade on fears that capital inflows would be impacted adversely after the Reserve Bank tightened the guidelines for external commercial borrowings.
India is not considering imposing a tax to curb capital inflows, and wants the inflows to rise a little more, the deputy chairman of the government's planning commission said on
The Finance Ministry today said the surge in foreign capital inflow in the country, powered by initial recovery in the global economy, is not a cause for concern at present and no specific action is required to arrest it.
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