GST FDI boost: India is likely to witness increased foreign direct investment (FDI) inflows on the back of reforms such as introduction of the goods and services tax (GST) and the bankruptcy code, international ratings agency said in a report on Monday. It also said, the government has raised ceilings for authorised FDI in a number of sectors. FDI in India grew by 18% during 2016 to touch USD 46 billion, data released by the Department of Industrial Policy and Promotion showed.
SEBI rules for InvITs, REITs: Markets regulator the Securities Exchanges Board of India (SEBI) has allowed real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) to raise capital by issuing debt securities.
Fed policy review begins today: The US Federal Reserve will kickstart its two-day policy review on Tuesday, at which it is likely to take another step towards policy normalisation.
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