RBI has garnered $136.38 billion through the special dollar swap scheme which it launched in June…
Tag: rupee depreciation
Weaker rupee may push foreign assets above FAST-DS Rs 1 crore limit: Taxpayers could lose the disclosure window which allows lower 60% tax outgo and face a steeper income tax bill
Since the tax payable through an updated return could be higher, an assessee may potentially save…
Rupee falls 17 paise to 95.59 against US dollar as FCNR swap deadline weighs down sentiment
Rupee began the week on a negative note, depreciating 17 paise to 95.59 against the US…
Stock market crash: Bloodbath on Dalal Street! Sensex, Nifty50 tank 2% as Trump declares end of truce with Iran – top reasons for sharp fall
Investor sentiment turned sharply negative after US President Donald Trump announced that the ceasefire arrangement with…
Rupee Depreciation: Rupee falls 30 paise to 94.63 against Dollar amid Middle East uncertainty
During the day, it moved between 94.24 and 94.76 before settling at 94.63 The rupee depreciated…
How to protect your wealth when rupee is falling
For a retail investor, the impact depends on what they own and why the rupee is…
At 7.7%, India’s GDP growth in FY26 beats slowdown predictions; but will the momentum continue amid US-Iran war?
Today’s GDP data is being seen as a sign of India’s underlying economic strength. (AI image)…
Govt promulgates ordinance to exempt capital gains tax on FII investments in government securities
Indian economy (AI image) With an aim to attract foreign capital, the government on Friday promulgated…
US-Iran war: India looks to attract foreign investment; capital gains tax on government securities may be scrapped
At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed…
RBI MPC may hike inflation forecast, trim growth rate
MUMBAI: While the majority of forecasters and market participants expect Reserve Bank of India’s Monetary Policy…