New Delhi, June 5 (IANS) The central government on Friday issued the Income‑tax (Amendment) Ordinance, 2026, exempting foreign investors from paying taxes on interest income and capital gains arising from investments in government securities.The ordinance, effective April 1, 2026, amends Schedule IV of the Income‑tax Act, 2025, to add new entries exempting “any interest on Government security, and any capital gains arising from the sale, exchange or transfer of such Government security” …
Latest Foreign Institutional Investors (FIIs) News & Updates
Mumbai, May 22 (IANS) The Indian equity markets posted mild gains early on Friday tracking positive global cues, over optimism regarding US-Iran peace negotiations.As of 9.23 am, Sensex added 307 points, or 0.41 per cent, to reach 75,491 and Nifty gained 89 points, or 0.38 per cent to reach 23,744.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 added just 0.06 per cent, and the Nifty Smallcap 100 lost 0.02 per cent.Sectoral indices on NSE traded mixed…
Mumbai, April 7 (IANS) The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz.Sensex opened 372 points or 0.50 per cent lower at 73,734, while Nifty began the session at 22,838.Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 points, hitti…
Mumbai, Jan 31 (IANS) The Indian equity markets on Sunday traded with increased volatility, amidst Budget caution and a weak rupee hovering near 92 per dollar.As of 9.24 am, Sensex added 9 points, or 0.01 per cent, to reach 82,278, and Nifty lost 28 points, or 0.11 per cent to settle at 25,291.Main broad-cap indices posted notable losses as the Nifty Midcap 100 declined 0.73 per cent, and the Nifty Smallcap 100 lost 1.55 per cent.All sectoral indices were trading in the red except auto, private …
New Delhi, Jan 27 (IANS) Global currency markets are witnessing heightened volatility as the US Dollar continues to lose strength against major currencies, but Indian rupee has found relative stability and weakness in dollar could lead to FII inflows, a report said on Tuesday.The report from Emkay Wealth Management Limited said the volatility in global currency markets and decline of dollar is driven by expectations of further US Federal Reserve rate cuts and geopolitical developments.The US Fed…