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 According to the National Stock Depository (NSDL), Sberbank of Russia has become the first Russian bank to register with the SEBI as a foreign portfolio investor (FPI). FPIs with category I licence have to follow less lenient beneficial ownership disclosures, can subscribe to overseas derivative instruments which have Indian stocks as underlying and also enjoy certain taxation benefits. Category I FPI registration is only granted to government or government related foreign investors or regulated entities such as banks, sovereign wealth funds, investment trusts, pension funds, asset management companies. Sberbank’s registration takes the total number of Russia-based FPIs in India to five, with all others being non-banks. Till now, Alfa Capital Management, First Asset Management, Igor Noskov, and Vesvolod Rozanov have been granted FPI registrations. Â
Which organ in the human body produces bile juice?
As per Financial Assistance for Promotion of Guru-Shishya Parampara scheme of Ministry of Culture
In the first phase of the green revolution, the use of HYV seeds was restricted to the more affluent of which group of states?
According to the Budget 2023-24, what is the rate of tax for Income tax slab between the income of Rs 6 Lakh to Rs 9 Lakh?
The following major rivers of Uttarakhand state will be in decreasing order according to their length:
1. Kosi
2. Bhagirathi
3. Kali
4. Alaknanda
‘Natural Levees' are:
India received a total FDI inflow of US$70.97 billion in FY 2023, which includes equity inflows, reinvested earnings, and other capital sources. Who are...
The Bhima River is a tributary of which of the following rivers?
In India, who appoints the Advocate General of a State?
When did India carry out the first nuclear test at Pokhran?
