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Rakesh Jhunjhunwala on LTCG tax on equities: Will not deter domestic flows, FII flows may be affected

Rakesh Jhunjhunwala on LTCG tax on equities: Will not deter domestic flows, FII flows may be affected

Long-term capital gains tax: Ace investor Rakesh Jhunjhunwala says that the introduction of LTCG tax on equities in Union Budget 2018 for profits exceeding Rs 1 lakh will not deter domestic inflows into capital markets, while foreign flows may be impacted.

Q&A: PNB fraud reminds folly of ignoring governance reforms in PSU banks: Saurabh Mukherjea, Ambit Capital
Q&A: PNB fraud reminds folly of ignoring governance reforms in PSU banks: Saurabh Mukherjea, Ambit Capital

The PNB fraud reminds one about the mistake of ignoring genuine structural governance reforms at PSU banks, says Saurabh Mukherjea, CEO, Ambit Capital. As for stock markets, even while valuations look rich, equities remain the best bet for investors, but one must remain invested for long term, he adds.

PNB Rs 11,400 crore scam: 9 Nirav Modi firms shut inside two years without doing any business
PNB Rs 11,400 crore scam: 9 Nirav Modi firms shut inside two years without doing any business

Nearly nine firms which were associated with billionaire diamond merchant Nirav Modi who is a prime accused in the Rs 11,400 crore scam at Punjab National Bank were shut down in 2012 without carrying out any business.

Justin Trudeau's delegation includes journalist who objected PM Modi visit to Canada
Justin Trudeau's delegation includes journalist who objected PM Modi visit to Canada

As a part of Justin Trudeau's delegation to India, a journalist who had protested PM Narendra Modi’s visit to Canada in 2015.

India willing to help US with aviation maintenance in Afghanistan, says Pentagon
India willing to help US with aviation maintenance in Afghanistan, says Pentagon

India is willing to help the US with aviation maintenance in Afghanistan, the Pentagon said today. The Pentagon also praised India's developmental role in the war-torn country.

Delhi CM Arvind Kejriwal's advisor: Witnessed assault on Delhi Chief Secretary Anshu Prakash, saw spectacles fall off
Delhi CM Arvind Kejriwal's advisor: Witnessed assault on Delhi Chief Secretary Anshu Prakash, saw spectacles fall off

The advisor to Delhi Chief Minister Arvind Kejriwal, VK Jain has made multiple statements that he saw Delhi Chief Secretary Anshu Prakash being assaulted on February 19.

Why investment and productivity is key to India's GDP growth
Why investment and productivity is key to India's GDP growth

The experience of similar economies shows that india needs to boost its investment growth and labour productivity to grow at 8%-plus for a sustained period

Horoscope: By Peter Vidal

Today ( 23 Feb )This Week ( 18 Feb - 24 Feb )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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