2026 – Page 608 – Ayen News

India Achieves Fastest Bond Index Entry Progress as FPIs Benefit from Zero Tax on GSec Income

The government eliminated capital gains tax and withholding tax on interest for FPIs investing in government securities.

The domestic currency depreciated against the US dollar as demand linked to forward currency maturities pressured the rupee.

A growing corruption scandal in Brazil is threatening to reshape the political landscape ahead of the country’s presidential election.

Titan grew from 50000 crore in FY25 to adding 25000 crore more in FY26 with expansion into fragrances eyewear and global markets.

Analysts highlighted India’s extreme vulnerability to the Iran war’s impact on oil supply as the country imports nearly all of its crude.

Tata Sons board held discussions about extending the tenure of CEO Chandrasekaran but deferred a formal decision.

Corporate India is rushing to issue bonds as RBI’s support for the rupee has lowered borrowing costs and boosted debt market demand.

India is lobbying for entry into another major bond index after already securing inclusion in the JPMorgan Bloomberg EM and FTSE Russell benchmarks.

Visa enabled ChatGPT to move beyond product recommendations and directly execute transactions through Visa’s payment network.

Investment bank Goldman Sachs forecast a quadrupling of IPO proceeds this year driven by three landmark technology listings.