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
Jan 13 (Reuters) – Indian carmakers’ sales to dealers jumped 26.8% in December, their biggest monthly rise of 2025, as tax cuts made several models more affordable and spurred demand, industry data showed on Tuesday. Carmakers sold 399,216 units in the final
Mumbai, Jan 13 (PTI) Equity benchmark indices Sensex and Nifty were trading lower after rallying in early trade on Tuesday amid unabated foreign fund outflows and selling in blue-chip stocks. The 30-share BSE Sensex climbed 379.86 points to 84,258.03 in early trade.
Mumbai, Jan 13 (PTI) The rupee weakened by 5 paise to 90.22 against the US dollar in early trade on Tuesday, amid a strengthening American currency, higher crude oil prices and incessant outflow of foreign funds. An unprecedented geopolitical concern and global
NEW DELHI, Jan 12 (Reuters) – India’s key inflation rate rose at its fastest pace in three months in December as the decline in food prices slowed, data showed on Monday, amid expectations that prices could continue inching up this year. Annual