Rohit Srivastava suggests the market has improved since April, with weaker stocks shaken out, but warns of potential consolidation or a further dip before a full recovery. He anticipates a longer-term bull run post-September, projecting significant growth over the next 18 months to two years, potentially reaching Nifty levels of 30,000-35,000.
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