
‘FPIs can invest in debt issued by InvITs, REITS’
The Hindu
Investments can be under MTF, VRR
The Reserve Bank on Monday said FPIs had been permitted to invest in debt securities issued by Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs).
Necessary amendments to Foreign Exchange Management (Debt Instruments) Regulations, 2019, had been notified in October. An announcement was made in the Union Budget 2021-22 that debt financing of InvITs and REITs by Foreign Portfolio Investors (FPIs) will be enabled by making suitable amendments in the relevant legislations.
Accordingly, it has been decided to permit FPIs to invest in debt securities issued by InvITs and REITs, the RBI said in a circular.

At least five killed, seven injured as car rams into stationary vehicle near Tamil Nadu’s Keelakarai
A tragic road accident on ECR near Keelakarai leaves five dead and seven injured, involving a DMK functionary’s vehicle.

The design team at The Indian Twist works on the spontaneous artworks by children and young adults from A Brush With Art (@abwa_chennai) and CanBridge Academy (thecanbridgeacademy), “kneading” them into its products, thereby transforming these artworks into a state of saleability. CanBridge Academy provides life skill training to young adults with autism. And ABWA promotes “expression of natural art in children with special needs”.











