RBI increased its benchmark repo rate for third time within four months on Friday as it reiterated its commitment to bring inflation down below its outer limit of 6%.The large investment losses overshadowed an otherwise solid performance with a loan growth of 15% driven by a 19% growth in retail loans and a 11% increase in corporate loans.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount