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Indians can now get their hands on the United Arab Emirates (UAE) coveted golden visa, all thanks to a new nomination-based visa policy, just by paying a one-time fee. Indians will no longer be required to hold any investments or property in the region to get the visa. Previously, Indians had to have a minimum of Rs 4.66 crore, or AED 2 million, in property investments to get it. UAE government launches new, nomination-based way to obtain golden visa

Puneet Pal of PGIM India AMC suggests that recent FPI outflows from Indian debt markets are likely due to profit-taking and narrowing interest rate differentials, not fundamental weaknesses. He highlights the attractiveness of 3-6 year AAA PSU bonds due to stable rates and appealing spreads. Pal recommends a 12-18 month investment horizon for short-term and corporate bond funds.