Financial sector News-Due to changes in FDI Rules, Pressure will Increase on Companies Like Paytm, Zamato.
Financial News- During the Corona Virus Epidemic, China has started increasing its stake in foreign companies.
⇛According to the latest financial news update, the Indian Government has made some important changes in FDI rules on Saturday. Under these rules, companies of those countries have to get permission from the government before investing in India, whose countries are bordering on India.
⇛Special practitioners say that this decision of India has been made keeping china in mind. China's central bank, the People's Bank of China, recently increased its stake in HDFC Bank of India to more than 1%.
⇛This move of the government will make Indian companies more secure, but the country's start-ups, in which Chinese companies have invested heavily, are in trouble.
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