Like the Nifty50 index, Nifty Bank extended its gains for the fourth straight session and rose 0.74 per cent, almost in line with its headline peer.The banking index continued the momentum it had in the early hours of trade and managed to hit the intraday high of 40,904.30 on Tuesday.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while