NEW DELHI, June 5 (Reuters) – India said on Friday it would exempt foreign institutional investors and the Bank for International Settlements from capital gains tax on receipts arising from interest or sale of government securities. The decision, announced through an executive
MUMBAI/NEW DELHI, Jan 13 (Reuters) – India’s basmati rice exports to Iran have slowed to a near standstill amid the protests gripping the Gulf country, with suppliers wary of new deals due to the risk of non-payment and potential additional U.S. tariffs,
Mumbai, Jan 13 (PTI) The rupee declined 4 paise to close at 90.21 (provisional) against the US dollar on Tuesday, weighed down by higher crude oil prices, a firm American currency and incessant outflow of foreign funds. Analysts said geopolitical tensions and
Mumbai, Jan 13 (PTI) Equity benchmark indices Sensex and Nifty ended lower on Tuesday after a day’s breather, tracking unabated foreign fund outflows and selling in blue-chip stocks amid global tariff-related concerns. Market sentiment was also sluggish due to a weak start
New Delhi, Jan 13 (PTI) Silver futures soared to yet another record of Rs 2,72,202 per kg on Tuesday, tracking firm global trends, as uncertainties surrounding the US Federal Reserve’s policy stance and escalating tensions in Iran spurred safe-haven demand. On the
