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RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...
India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
Iran says Gulf nations have 'responsibility' to halt US, Israeli strikesIran's foreign ministry warned Wednesday that its neighbours in the Gulf had a "legal and moral responsibility" to prevent American and Isr...
PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and livingPrime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions fo...
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
Tax-cut hopes lift Indian bonds but RBI hike fears loomReuters and local media reported that the government is considering scrapping the 12.5% capital gains tax on overseas investors and the 2...
From Mizo ginger to Nagaland's coffee, here's how govt plans to make Northeast as 'Ashtalakshmi' for worldUnion Minister Jyotiraditya Scindia launched several flagship missions across Northeast states, including Mizoram Ginger, Naga Coffee, Arun...
Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gainsIndian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...
Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market reboundIndian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a stre...
India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
Assam's Muga silk gets Rs 411 cr boost with Mission Senehjori; set to empower 2.5 lakh weaversA significant Rs 411-crore project, Mission Muga Silk ‘Senehjori’, has been launched to boost Assam's Muga Silk industry. This initiative a...
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
Why stock market crashed today? Sensex sinks 1,100 points, Nifty below 23,550. 4 key factorsIndian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor se...
RBI to hold rates in June; majority now expect hike by year-end: PollThe Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike ...
Sensex rises 220 points, Nifty nears 24,000 on Iran-US ceasefire extension reportsIndian stock markets opened muted but recovered on Thursday morning. Investors assessed Middle East political developments. Declining oil p...
Iran war complicates plans for yet-to-materialise international force in GazaAn international force for Gaza, announced with fanfare, faces significant delays. Key contributor Indonesia has put its troop pledge on ho...
Oil slump, central bank support manifest in rupee’s three-day winning streakThe Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank o...