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Sitharaman highlighted that the investors' concerns come at a time when “growth is very important." (REUTERS)
Posted in Business

Nirmala Sitharaman assures she will ‘consider’ investor concerns over LTCG tax: ‘Equity market needs support’

Union finance minister Nirmala Sitharaman on Monday acknowledged retail investors’ growing concerns over the long-term capital gains (LTCG) tax regime, assuring that these would be…

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A view of the illuminated Bombay Stock Exchange (BSE) building and Chhatrapati Shivaji Maharaj Terminus (CSMT) at night on Oct 28. (PTI/File)
Posted in Business

Sensex, Nifty extend winning run as markets open higher

Sensex and Nifty opened higher on Tuesday, extending their gains to a fourth consecutive session, as strong corporate earnings, easing crude oil prices and early…

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Posted in Economy

India will become the world’s largest economy by end of the century, predicts top economist Jeffrey D Sachs

By the end of the century, India will have twice China’s population and become the world’s largest economy, renowned economist Jeffrey D Sachs said. Speaking…

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Experts said it was unusual to amend a law without a proposal from the regulatory body responsible for implementing it. (Reuters)
Posted in Business

State regulator didn’t propose the rule that froze Tata Trust board

The Maharashtra Charity Commissioner did not propose the rule that has paralysed Sir Ratan Tata Trust (SRTT), the second-largest shareholder in Tata Sons, for nearly…

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Sebi’s proposal is a step in the right direction, but tax efficiency alone will not bring foreign capital back to India. (Bloomberg)
Posted in Business

Sebi’s proposal on LTCG tax, RIL surge lift stock markets

A rally in Reliance Industries (RIL) shares and growing optimism over a possible rollback of long-term capital gains (LTCG) tax for foreign investors gave Dalal…

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Rapido: From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billion
Posted in Startups

Rapido: From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billion

New Delhi: Ride-hailing startup Rapido has crossed $4 billion in annualised gross order value (GOV), quadrupling its scale in two years, as it steps up…

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Posted in Economy

We will consider the call for review of LTCG tax: Finance minister Nirmala Sitharaman

Mumbai: The Centre would “consider” the request from foreign investors to review the structure of taxes levied on equity capital gains, finance minister Nirmala Sitharaman…

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Posted in Economy

Govt consults seed, fertiliser firms on easing regulatory hurdles

New Delhi: The government has begun consultations with agricultural companies, including seed manufacturers, fertiliser producers and exporters, to identify regulatory hurdles and improve ease of…

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Posted in Economy

Manufacturing activity eases in Oct as new order growth drops

New Delhi: India’s manufacturing activity moderated in October as growth in new orders and output slowed, although the sector continued to expand at a pace…

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Duty Relief for 118 Goods Under Review
Posted in Economy

Budget 2027: Customs duty relief on 118 goods under review

New Delhi: The government has begun a review of basic customs duty concessions and exemptions currently applicable to 118 products as part of the budget…

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