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India exempts Saudi Arabia's fund from investment rules to attract more capital and boost economic ties.
India plans to exempt Saudi Arabia's sovereign wealth fund from its foreign portfolio investment rules to attract more capital and strengthen economic ties.
This exemption allows the fund and its subsidiaries to invest independently in India's equity markets without breaching regulatory limits.
The move aims to draw long-term capital from Gulf nations while Saudi Arabia expands its investments in fast-growing economies.
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La India exime al fondo de Arabia Saudita de las reglas de inversión para atraer más capital e impulsar los lazos económicos.