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 9 (Reuters) – India’s markets regulator on Friday eased compliance requirements and exempted smaller brokers from rules for technical glitches at brokerages. The Securities and Exchange Board of India (SEBI) said the streamlined framework will exclude stock brokers with fewer than
NEW DELHI, Jan 9 (Reuters) – India’s trade pact with the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, Commerce Secretary Howard Lutnick said on Friday,
Mumbai, Jan 9 (PTI) Benchmark indices Sensex and Nifty buckled under selling pressure for the fifth straight session on Friday, falling nearly 1 per cent, as investors turned cautious due to growing concerns over potential US tariff hikes amid lingering geopolitical worries.
Mumbai, Jan 9 (PTI) The rupee declined 26 paise to settle at 90.16 (provisional) against the US dollar on Friday, weighed down by elevated global crude oil prices and persistent foreign fund outflows amid rising geopolitical tensions. A stronger greenback and weak