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Indian Stock Markets Open Higher as Foreign Investor Buying and Banking Stocks Lift Sentiment
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Tue, 7 Jul 26Tue, 7 Jul 26BUSINESS, INDIA

Indian Stock Markets Open Higher as Foreign Investor Buying and Banking Stocks Lift Sentiment

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Indian benchmark equity indices began Tuesday’s trading session on a positive note, extending recent gains as sustained foreign institutional investor (FII) inflows and buying in heavyweight banking and information technology stocks strengthened market sentiment. Positive global market trends also contributed to the optimistic mood among investors, encouraging fresh buying across several key sectors. The domestic...

Centre Abolishes Capital Gains and Withholding Tax on Foreign Investments in Government Bonds to Boost Capital Inflows
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Fri, 5 Jun 26Fri, 5 Jun 26BUSINESS, INDIA

Centre Abolishes Capital Gains and Withholding Tax on Foreign Investments in Government Bonds to Boost Capital Inflows

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In a significant policy move aimed at strengthening foreign capital inflows and enhancing the attractiveness of India’s debt market, the central government has announced the removal of capital gains tax and withholding tax on investments made by eligible foreign investors in government securities. The decision comes at a time when policymakers are seeking to reinforce...