Business Today: Centre Likely To Raise FDI Limit In PSU Banks To 49% Amid Market Volatility
Автор: India Today
Загружено: 2025-12-14
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On this Special Report, the focus is on the government's proposal to increase the Foreign Direct Investment (FDI) limit in public sector banks. Sources reveal that the 'Ministry of Finance has completed inter-ministerial consultations' to raise the stake from 20% to 49%. The programme also tracks the market opening, with the Nifty signaling a gap-down start amid weak global cues. Analysts note that despite the dip, 'the trade is skewed in favor of longs' in the banking and housing space. Additionally, the report discusses reports of SpaceX preparing for an IPO next year with a record valuation.
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