In your interest.
Online Personal Finance Magazine
No beating about the bush.
Foreign institutional investors (FIIs) were allowed to invest in India since 1993. In 2005, Indians were allowed to invest large sums overseas. Global investing may seem new but it is not. Before the Russian revolution, you could hear French investors discuss their Russian bond investments in Paris. Barings, an aristocratic British investment bank, was a big investor in Argentina. Jamshedji...