MUMBAI: India's Finance Minister Arun Jaitley said on Saturday the government would make no distinctions between foreign direct investments and foreign portfolio investments in a bid to simplify rules for overseas inflows. Earlier, Jaitley set the country's fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.

Copyright Reuters, 2015