At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and bonds held for more than a year. (AI image) In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors’…
Bitcoin briefly plunged below $62,000 Thursday morning Hong Kong time, triggering more than $1.5 billion in leveraged crypto liquidations over the past 24 hours as a wave of forced selling accelerated the market’s steepest decline in months. More than 208,000 traders were liquidated across crypto markets, according to CoinGlass data, with bitcoin accounting for over…
NEW DELHI: Supreme Court collegium led by Chief Justice of India Surya Kant has recommended names of 10 advocates and judicial officers for appointment as judges of high courts (HCs) in Karnataka, Himachal Pradesh and Madhya Pradesh.The collegium, also comprising Justices Vikram Nath and J K Maheshwari, on Tuesday recommended names of six advocates —…
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UK foreign secretary Yvette Cooper arrived in India for her first official visit to the country that will see her holding talks with counterpart S Jaishankar to minimise economic shocks from ongoing conflicts, preserve global stability, and ensure freedom of navigation. Cooper will call on PM Modi Thursday before her meeting with Jaishankar. The British…
