Modi’s deliberations on foreign investment start paying dividends

Prime Minister Narendra Modi’s hard-sell to invest in India seems to be getting some traction. Designated depository participants (DDP), the entities responsible for registering foreign portfolio investors (FPI), are seeing significant improvement in sign-ups and enquiries from foreign countries. ‘Positive sentiment’ Prasanth Prabhakaran, President, India Infoline, a DDP, said: “Flows, which practically stagnated in the … Continue reading Modi’s deliberations on foreign investment start paying dividends