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Foreign portfolio investors (FPIs) looking to avoid making greater disclosures are likely to be given a shorter deadline to pare their investments than what was originally planned by the capital market regulator.
India’s wearables market is expected to end 2023 as the world’s largest and is set to prop up the global demand for smartwatches and hearables, at a time when North America and China are showing signs of saturation amid macroeconomic headwinds.
Foreign portfolio investors (FPIs) pumped Rs2.9 lakh cr into Indian equities on gross basis in June, a monthly record, surpassing the Rs2.55 lakh cr they invested in December 2020.
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