Addressing the inaugural session of CII's Partnership Summit 2020, through virtual means, Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Goyal invited foreign investors to be a part of India's growth story.
Overseas investors sold a net 6.7 trillion won ($5.64 billion) worth of Samsung shares in the January-June period, with local institutions' net selling reaching about 2 trillion won.
FPIs bought net assets worth $6.3 billion in three months ended December 2019. FPIs were net buyers in January ($1.71 billion) and February ($265 million).
The dollar index, which gauges the greenback's strength against a basket of six currencies, was marginally down at 97.33.
Since 2005, when restrictions on FDI in real estate were lifted, the India realty sector has received more than $25 billion worth of equity investments from foreign investors.
"So there is a steady growth and therefore negative growth, which it showed in September and October, has been corrected and we are on a positive growth trajectory."
Sitharaman said a scheme will be introduced to provide subordinate debt for entrepreneurs of MSMEs.
The Fed, as expected, made no change to interest rates after cutting the last three meetings in an effort to maintain solid economic growth.
"The Modi 2.0 government has demonstrated its willingness to deepen its collaboration with industry and create a level playing field for foreign investors."
Yes Bank dipped 10.72 per cent lower at Rs 87.85 per share after reporting 91 per cent drop in its net profit and bad loans worth Rs 6,230 crore during the first quarter of current fiscal.
Market sentiment also turned cautious ahead of the release of key macroeconomic data.
Smriti Irani asserted that the country's man-made fibre sector can soon look forward to "good news" as an inter- ministerial group (IMG)has been formed to suggest measures to maximise its potential.
The broader NSE Nifty crossed the key 9,200-mark by surging 64.70 points, or 0.70 per cent, to trade at an all-time high of 9,218.40.
According to USIBC, the budget is a fiscally sound agenda that doubles down on Modi's stated goals of improving the ease of doing business.
In the early trade on Tuesday, Rupee weakened by 10 paise to 67.84 against the US dollar at the Interbank Foreign Exchange.
Modi said cleaning the system from black money and corruption is very high on his agenda amid a push towards employment generation and self-employment opportunities.