BHEL shares rebounded after a sharp selloff triggered by concerns that India may ease restrictions on Chinese firms bidding for government contracts. Brokerages remain divided, with JM Financial seeing limited long-term impact and Jefferies flagging potential risks pending policy clarity.
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