Indian markets saw a strong opening on Monday. Financial stocks surged, pushing the Dow Jones Industrial Average to a record high. Energy companies also jumped significantly. Investors are anticipating increased access to Venezuela’s oil reserves. Weapons manufacturers also saw gains. The S&P 500 and Nasdaq also closed higher. Cryptocurrency-linked shares advanced as Bitcoin hit a three-week high.
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