New Delhi, June 5 -- The Ministry of Finance has announced a series of measures to simplify foreign investment procedures and attract long-term overseas capital into Indian equity and government securities markets.

The reforms are aimed at enhancing ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), while strengthening India's position as a global investment destination.

PROIs Allowed To Invest In Listed Equities Through PIS As announced in the Union Budget 2026-27, individual PROIs will now be permitted to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme (PIS), a facility that was previously available only to Non-Resident Indian...