Overseas investors pull out $ 20 Billion from India

[SinoChallenger]

It was a stupid idea to invest in india anyway. Now with the rupee collapsed, their investment is worth nothing. 56 rupees to $1 US!

 

[BATMAN]

Perhaps investors have smelled a war brewing up in the region or perhaps they have some inside information.

Where as story of Indian rupee falling is because Indian govt. is printing too much money and themself are taking money out of India quietly.

 

[IndoCarib]

Perhaps investors have smelled a war brewing up in the region or perhaps they have some inside information.

Where as story of Indian rupee falling is because Indian govt. is printing too much money and themself are taking money out of India quietly.

You didnt read the article at all.

"Rich overseas entities, investing in Indian markets through 'participatory notes' (P-notes/PNs), are estimated to have pulled out over Rs 1 lakh crore (about USD 20 billion) in less than three months on fears of getting caught in the government's taxation net and its black money trail.'

Investing through 'p' notes is not good for India. 'p' notes were a way for overseas investors to beat capital gains tax