China to simplify forex regulations

China's foreign exchange regulator said on Thursday it granted a net $137 million in new investment quotas to overseas institutions in April, the smallest monthly amount since September 2011. The figure is a big drop from the $910 million of quotas ...

The Enforcement Directorate is probing alleged violation of foreign exchange regulations by certain firms engaged in multi-brand retail. "Directorate of Enforcement is taking appropriate action under Foreign Exchange Management Act, 1999 (FEMA), in the matter ...

The Bangko Sentral incurred a record net loss of P95.4 billion in 2012, as it tried to manage the foreign exchange rate amid complaints from exporters and business process outsourcing companies over the strong peso. Data from the Bangko Sentral ...

Today, despite the foreign exchange fluctuations, the political climate and government regulations, Mumbai remains an attractive hub of private equity opportunity. However, now more than a decade after the private equity industry took off in India, ...

Safe slashes QFII license activity Keywords: safe, | qfii, | state administration of foreign exchange China's State Administration of Foreign Exchange awarded $150 million in QFII quota in April, the lowest in almost two years. Analysts expect ...

Citi's FX trading desks will be making use of the banks in-house news wire dedicated to the foreign exchange markets, the service will be replacing Bloomberg terminals, reports The Financial Times. The service which provide; news, a range of reports ...

The Supreme Court on Wednesday dismissed a petition challenging the notifications and regulations permitting foreign direct investment (FDI) in the multi-brand retail sector. “In matters of policy, this court will not interfere unless it is unconstitutional, contrary to statutory provisions, arbitrary, irrational or abuse of power,” the judges declared. In this case, the policy did not suffer from any of these, said the order from a bench chaired by R M Lodha. This came after the ...

Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors.Kinariwala's Capveda Capital (India) Advisory fund, which he runs from a modest office in a decrepit industrial estate in Mumbai, has returned 11.86 percent so far this year, outperforming average negative returns of 2 percent from India-focused foreign hedge funds.Local hedge funds are ...

Will mull bringing under own ambit all financial products from abroad sought to be sold to Indians. The Securities and Exchange Board of India (Sebi) will introduce rules for wealth management and foreign broking firms, which intend to sell financial products to Indian citizens. The fresh set of regulations, to be in addition to those from the Reserve Bank of India (RBI), are being considered to bring the products these companies sell under Sebi’s ambit. The move comes less than six ...