The Reserve Bank of India has relaxed investment norms for foreign portfolio investors (FPIs), removing concentration limits under the General Route in a move aimed at improving foreign participation in India’s debt market. The measure gives FPIs greater flexibility in allocating investments across eligible debt instruments and reduces operational restrictions that have traditionally influenced foreign…
The Reserve Bank of India (RBI) announced a concessional forex swap facility for public sector enterprises to encourage overseas fundraising and support foreign currency inflows amid heightened volatility in global currency markets. Under the measure, the RBI will provide a concessional forex swap facility until September 30, 2026 to incentivise 3-5 year External Commercial Borrowings…
As part of measures aimed at attracting foreign capital, the Reserve Bank of India has expanded the universe of government securities eligible under the Fully Accessible Route (FAR). The RBI announced that 15-year, 30-year and 40-year tenor government securities (G-Secs) will now be included in the specified securities category under FAR. Until now, the eligible…
India’s gold exchange-traded funds (ETFs) recorded their first net monthly outflow in a year in May, as investors booked profits after a sharp rally in domestic prices. According to World Gold Council data, gold ETFs saw net outflows of about $61 million (0.4 tonnes), taking total holdings down to 116.3 tonnes. Despite the monthly exit,…
Gold and silver prices declined on Friday (June 5), tracking global cues and extending weekly losses, as investors weighed geopolitical tensions in the West Asia against uncertainty over the US interest rate path. Silver led the decline. COMEX silver fell 1.14% to $73.13 per ounce. Gold also eased, with COMEX gold slipping 0.50% to $4,482.60…
The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday, June 4, launched the StAR NPS platform to simplify the onboarding process for National Pension System (NPS) subscribers through a fully digital route. Developed by BSE Technologies Private Ltd (BTPL), the platform has been enabled for Points of Presence (PoPs) and their network of pension…
Blackstone Ltd has moved to limit investor withdrawals from its flagship private credit vehicle after redemption requests surged, as liquidity concerns across private markets grow. The alternative asset manager capped withdrawals from its $79 billion Blackstone Private Credit Fund (BCRED) at 5% of outstanding shares after investors sought to redeem about 10% of shares during…
HDFC Mutual Fund on Thursday (June 4) announced temporary restrictions on lump-sum subscriptions in HDFC Gold ETF and HDFC Gold ETF Fund of Fund until further notice. The fund house said the decision was taken in light of broader economic and market conditions. “In light of the broader economic and market conditions, it has been…
Real Estate Investment Trusts (REITs) are carving out a distinct place in investment portfolios and should be treated as a separate asset class alongside equities, debt and gold, according to Nishant Agarwal, Senior Managing Partner at ASK Private Wealth. With SEBI reclassifying REITs as equity assets in 2025, the segment has attracted growing interest from…
Tokenised gold is a way of representing physical gold in digital form using blockchain technology. Instead of buying bars, coins, or even ETF units, investors hold digital tokens that are directly linked to real gold stored in secure vaults. At its simplest, tokenised gold is a digital claim on physical gold. Each token typically represents…
