INDIA: Government to open stock market to India foreign investors

Tuesday January 3 2012

The Indian government has announced that it is to open the Indian stock market to individual India foreign investment. In a statement the government said the that the reforms came in order to widen the class of investors, attract more foreign funds, and reduce market volatility and to deepen the Indian capital market. The reforms should come into place by 15 January. This information will be updated as further details become available.