Indian Energy Exchange shares saw a surge as the Electricity Appellate Tribunal prepares to hear arguments on market coupling. This crucial case could reshape electricity price discovery, impacting IEX’s dominant market share. Investor optimism grew following the regulator’s willingness to reconsider its earlier order, with today’s hearing expected to provide further 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