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In a significant shift in its stance, the Reserve Bank of India the custodian of India's foreign exchange reserves has supported the proposal to set up a sovereign wealth fund (SWF). But, unlike......
In the backdrop of huge capital inflows into the country, industry body PHD Chamber on Monday suggested that the government should create a $ 35 billion Sovereign Wealth Fund (SWF) from the $ 293......
Assets managed by sovereign wealth funds across the globe reached nearly $4 trillion at the beginning of 2011, which is more than the entire assets managed in 2010."Assets under management of......
The government, under the Finance Act, 2020, had allowed tax exemption for SWFs and pension funds in the case of incomes from investment in 34 key infrastructure sectors, including hotels, cold......
Finance Minister P Chidambaram on Tuesday said India was not contemplating to set up a Sovereign Wealth Fund (SWF). "There is no such proposal under consideration of the Government at present",......
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