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
New Delhi, Jan 8 (PTI) Gold and silver prices declined for the second straight day in the futures trade on Thursday, tracking weak global trends as investors booked profits ahead of the key US jobs data. Analysts said the employment numbers will
Mumbai, Jan 8 (PTI) The rupee fell 7 paise to settle at 89.94 (provisional) against the US dollar on Thursday, weighed down by a host of factors, including higher crude oil prices, foreign fund outflows, and a stronger greenback. The apprehension of
Mumbai, Jan 8 (PTI) Equity benchmark indices Sensex and Nifty fell sharply by nearly 1 per cent on Thursday, continuing their weak momentum for the fourth straight session, due to renewed concerns over potential US tariff hikes amid widespread selling pressure in
Mumbai, Jan 7 (PTI) The rupee rose 31 paise to close at 89.87 (provisional) against the US dollar on Wednesday on possible intervention by the Reserve Bank of India (RBI) and a fall in global crude oil prices. At the interbank foreign