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Tax matters, as does capital: Is it time for India to reconsider its LTCG tax policy on listed equities amid rising global competition?Debate on long-term capital gains (LTCG) tax and securities transaction tax (STT) has gained momentum, with the government recognizing its ...
Dip in the dollar takes a breather with Fed in focusInvestors are currently preparing for upcoming central bank meetings next week, expecting interest rate holds in major economies. The dolla...
Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gainsThe rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated ...
Global Market: ECB sees Euro liquidity support boosting global currency roleEuropean Central Bank Chief Economist Philip Lane stated that stronger euro liquidity facilities can enhance the currency's global role. Mo...
Global Market | Safe-haven assets under pressure: Dollar, Swiss franc, German bonds and gold in focusSafe-haven demand is shifting amid AI-driven market volatility, geopolitical tensions, rising energy prices and mounting government debt. T...
Global Market: China's yuan hits four-year high on export strength, weak dollarChina’s onshore yuan touched a more than four-year high against the US dollar, supported by robust exports, resilient economic growth, fore...
Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBAThe US dollar is facing downward pressure with both Treasury yields and crude oil prices on the decline. Meanwhile, the Australian dollar i...
Dollar and euro drift, yen slips as markets seek directionThe euro was steady at $1.1216, while the British pound rose 0.1% to $1.3308. The Australian dollar was up 0.1% at $0.6986, while its New Z...
CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDSThe exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax ye...
Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
Global Market: China’s yuan hits four-year high as strong GDP data ease stimulus concernsChina’s yuan strengthened to a four-year high against the US dollar following stronger-than-expected third-quarter economic growth and impr...
Rupee rises 1.9% in a week, closes below 95 per dollarThe Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measur...
India's forex reserves shed $60 billion in six weeks as RBI steps in to support rupee, one of Asia's worst-performing currencies this yearIndia’s foreign exchange reserves declined by nearly $60 billion in six weeks to $726.027 billion as of October 9, from a record high of $7...
Rupee posts best week in seven months, fundamentals key for lasting turnaroundThis week, the Indian rupee saw an impressive 2% increase, attributed to effective policy measures designed to alleviate short-term depreci...
Rupee relief comes with disruptions in financial marketsThe Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to sky...
Rupee rises 20 paise to 94.79 against US dollar in early tradeThe rupee reached 94.79 against the US dollar following structural forex interventions by the Reserve Bank of India. Elevated crude oil pri...
China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra saysRBI Governor Sanjay Malhotra said the central bank may take further steps to curb speculative forex trading and ensure orderly movement in ...
India should let rupee find its own level: Uday Kotak calls for focus on competitiveness, innovationUday Kotak stated that the rupee should be allowed to find its own level without government interference. He noted that the strength of the...
India's benchmark bond breaks 4-day falling streak as value investors returnIndian government bonds have rebounded following a significant rise in yields, drawing investors back into the market. The benchmark bond y...