India permits Pakistanis to invest in financial markets

Raj30

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India permits Pakistanis to invest in financial markets | DAWN.COM

ISLAMABAD: The Reserve Bank of India has decided that a person who is citizen of Pakistan, or an entity incorporated in Pakistan, may, with the prior approval of the Foreign Investment Promotion Board of the Government of India, purchase shares and convertible debentures of an Indian company, under Foreign Direct Investment Scheme, subject to relevant terms and conditions.

According to a press release issued by the Indian High Commission here on Friday, such Indian company should not engage in sectors/activities pertaining to defence, space and the atomic energy and sectors/activities prohibited for foreign investment.
 

Blackwater

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wont it help paki terrorist to invest in India

Tomorrow, Hafiz saeed want to buy 4 bed penthouse in Godrej Building in bombay and want to operate from there then










:confused::confused::confused:
 

Oracle

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Every paisa invested would be under scrutiny from day 1. There is no need for alarm. And if cases of foul play emerge, that money would be confiscated and pumped into our system. Easy gain.
 

SLASH

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Great. incase of war this money would be a goof reimbursement. Pakistan's economy is in shambles. This will only make it worse. It will boost our markets.
 

Known_Unknown

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Has the RBI gone off their rockers? The aim of India should be to maintain as few ties with Pukistan as possible, not give them more and more facilities inside India. Do we really want Terroristan to expand its main export due to increase in value of their Indian shares?
 

parijataka

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Agree. Despite firing by Pakistanis across LOC still continuing our Congi led govt has agreed to play cricket, allowed them to invest in India, liberalised visas for Pakistanis and so many 'nice` gestures. Perhaps they want terror attacks to happen or Congis have been bribed - anything is possible with these disgusting slimeballs.
 

SADAKHUSH

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This will the door for their agencies to channel funding to create disturbances in Bharatvarsh. I regret leaving my JanamBhumi and therefore ask all of you who want the change the future of your Janambhumi to get active in the politics and spread the word to defeat them and expose all the corrupt thugs.

Bhartiya Sudharwadi and Pragatisheel Dal

Jai Hind
 

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