FAR for investment by non-residents in government securities

ANI
31 Mar 2020, 00:48 GMT+10

New Delhi [India], Mar 30 (ANI): The Reserve Bank of India (RBI) on Monday issued a circular to implement the Union Budget 2020-21 proposal to fully open up the government securities for non-resident investors.

"It has been decided in consultation with the government to introduce a separate route, viz., Fully Accessible Route (FAR) for investment by non-residents in securities issued by the Government," said the RBI. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sierra Leone Times.

More Information

null in null

Business

Section

Filmmaker joins biotech effort to bring back extinct giant bird

WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...

India seeks WTO nod for retaliatory tariffs on US

NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...

AI boom propels Nvidia to historic market cap milestone

SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...

AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Africa

Section

Marc Marquez fends off Zarco for wet weather pole in Germany

Hohenstein-Ernstthal [Germany], July 13 (ANI): The wet weather has come to play on Saturday at the Liqui Moly Grand Prix of Germany,...

Cannabis cultivation for medicinal, industrial use a boon for farmers, state to frame rules soon: HP Minister Jagat Singh Negi

Shimla (Himachal Pradesh) [India], July 12 (ANI): Himachal Pradesh's Revenue, Horticulture and Tribal Development Minister Jagat Singh...