India to Up Funds Cap for Foreign Individuals

The Reserve Bank of India (RBI) is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.

- Reuters

Foreign portfolio investors (FPIs), pressured by poor earnings, high valuations and prospects of US tariffs, have pulled more than $28 billion out of Indian stocks since September's record high in the benchmark NSE Nifty 50. To boost foreign investment, India is widening to all f