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GOVERNMENT RELIEF MEASURES
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...
- Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
- Telangana government assures full support to families of Jagtial men killed in Dubai accidentTelangana Minister Ponnam Prabhakar expressed grief over the deaths of three Jagtial district residents in a fatal road accident in Dubai. ...
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
- Eight workers killed in Vizag Steel Plant as molten iron spills; PM, CM condole deathsA tragic industrial accident occurred at Rashtriya Ispat Nigam Ltd Vizag Steel Plant on Monday. Molten iron spilled from a crane bucket, tr...
- RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
- Engineering exports rise to $122 billion, emerge as India's largest export segmentThis remarkable growth, driven by government support and a diversified product basket, highlights the sector's resilience and global compet...
- GIFT Nifty falls over 300 pts; here's trading setup for the dayIndian stock markets are set for a range-bound week. Investors are reacting to the RBI's updated economic forecasts and growing global risk...
- RBI's foreign capital push reflects rising inflation, slowing growth concerns: ReportThe Reserve Bank of India is introducing new measures to attract foreign investment. This move aims to tackle rising inflation, slowing eco...
- Three returnees from Ebola-hit African countries quarantined in Durg: Chhattisgarh Health Minister Shyam JaiswalChhattisgarh is fully prepared for potential virus infections. Health Minister Shyam Bihari Jaiswal assured that hospitals and quarantine f...
- GIFT Nifty tumbles 1.5% as US stock market plunges. Will Dalal Street crash on Monday?GIFT Nifty plunged over 1.5% after a sharp selloff on Wall Street, signalling a weak start for Dalal Street on Monday. Strong US jobs data ...
- Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
- AAP in Punjab orders private schools to refund fees increased beyond 5%, says Arvind KejriwalPunjab has enacted a new law to control private school fee increases. The government has capped annual fee hikes at five percent. Schools t...
- Capital gains relief for FPIs on G-secs a 'very helpful measure', but bond yields may not go down soon: Rama Mohan Rao Amara, SBIState Bank of India Managing Director Rama Mohan Rao Amara welcomes the government's move to exempt foreign investors from capital gains ta...
- Rupee closes at 95.78 vs USD ahead of crucial central bank rate reviewThe Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures ...
- Karnataka: Free bus ride for all students, one time relief for B’luru properties among Shivakumar’s first decisionsKarnataka's Chief Minister DK Shivakumar announced free bus rides for all students. The government will also create its own employment exch...
- India remains engaged with US on Section 301 proceedings on forced labour issues: Commerce MinistryIndia continues discussions with the United States regarding Section 301 proceedings concerning forced labour. These talks occur as both na...
- India-US trade deal advances as talks focus on Section 301 probes and 'minor issues'India is nearing a trade deal with the US, with most aspects of the first phase finalized. Discussions are ongoing for minor details. Meanw...
- Saket building collapse: Rekha Gupta visits site, orders criminal case and inquiryA building collapse in Saket, New Delhi, claimed four lives and injured eight people. Chief Minister Rekha Gupta visited the site, ordering...
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