Union finance minister Nirmala Sitharaman said in the Lok Sabha on Monday that India continues to be the largest foreign direct investment (FDI) recipient and Indian retail investors have decided to handle the situation arising out of large amount of FPI withdrawals from the stock markets capacity has been developed. Retail investors have proven themselves Replying to Congress MP Shashi Tharoor's question during Question Hour in Lok Sabha, Sitharaman said foreign investment should not be measured only by FIIs (Foreign Institutional Investors) and FPIs (Foreign Portfolio Investors). She said that the dependence of FIIs and FPIs is on the interest rates and they keep on fluctuating. He said that FIIs and FPIs keep coming and going. But today Indian retail investors have proved that ...
Read More