India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday expanded investment opportunities in India for overseas investors, providing them with a new route to purchase Indian stocks.
In a bid to draw global investors to the country and enhance liquidity in the secondary market, Sitharaman proposed a market-making framework with suitable access to funds and derivatives on corporate bond indices.
More importantly, the Finance Minister in her speech for the Union Budget 2026, said all Persons of Indian Origin (PIOs) would now be permitted to invest in equity instruments and listed Indian firms through the Portfolio Investment Scheme.
Sitharaman also proposed the increasing of the investment limit for an individual PIO from 5 per cen...
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