business
Government attributes FPI outflows to global emerging market trend, not India-specific
Archived — last updated
The government said recent foreign portfolio investment outflows from Indian equities are part of a broader emerging market trend and not unique to India, as stated by MoS Finance Pankaj Chaudhary in Parliament.
Latest updates
Government attributes FPI outflows to global emerging market trend, not India-specific
Minister of State for Finance Pankaj Chaudhary told Parliament that recent foreign portfolio investment (FPI) outflows from Indian equities are part of a broader emerging market trend and not specific to India. He clarified that the withdrawals align with global patterns observed in other emerging economies. Chaudhary’s statement came amid concerns over market volatility and capital flight from Indian equities. The government did not provide specific figures for the outflows but emphasized that the trend is consistent with global financial dynamics.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
