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, Jan 7 (PTI) Stock market benchmark indices Sensex and Nifty drifted lower for the third day in a row on Wednesday as geopolitical tensions and renewed concerns about potential US tariff hikes weighed on investor sentiment. Sustained foreign fund outflows also
NEW DELHI, Jan 7 (Reuters) – India’s economy is expected to grow 7.4% in the fiscal year ending in March, the National Statistics Office said on Wednesday, above the government’s initial projection of 6.3%-6.8%. India’s first advance estimate of gross domestic product
New Delhi, Jan 6 (PTI) Rising for the fourth straight day, the gold price on Tuesday jumped by Rs 1,100 to Rs 1,41,500 per 10 grams, tracking firm global trends, according to the All India Sarafa Association. On Monday, the precious metal
Mumbai, Jan 6 (PTI) The rupee snapped the four-day losing streak and appreciated 12 paise to settle at 90.18 (provisional) against the American currency on Tuesday, tracking a decline in the US dollar index. Forex traders said weak domestic equity markets and
