Indian Energy Exchange shares are under scrutiny as a key regulatory verdict on market coupling is awaited. This reform could significantly alter India’s power trading. Market participants believe uncertainty has already impacted IEX’s valuation. A favourable outcome could trigger a sharp rerating for the stock. The decision is expected to bring heightened volatility for investors.
Losing $1 billion a day: Gurmeet Chadha urges PMO, Finance Ministry to revisit capital gains tax, STT
Gurmeet Chadha has urged the government to revisit capital gains tax and STT, citing sustained foreign capital outflows. He claims India is losing nearly $1