Foreign institutional investors have markedly scaled back their holdings in various Indian firms. Notably, Piramal Pharma faced the steepest decline, with FII ownership plummeting by 17.7 percentage points. RBL Bank also saw a significant drop of 11.4 percent…

RBI requests daily data from banks on foreign capital measures, including FCNR deposits, ECBs, and OFCBs, to attract investment.


The Indian rupee hits a record low of 95.23 against the dollar amid rising oil prices and foreign capital outflows.

Despite the economy doing well, there was sustained foreign capital outflow which put pressure on the rupee and affected the sentiment around it