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Govt issues ordinance to exempt FIIs from capital gains tax on Government Securities

The Centre has promulgated the Income-tax (Amendment) Ordinance, 2026, granting tax exemption to Foreign Institutional Investors (FIIs) on capital gains and interest income arising from investments in government securities (G-Sec).

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Business June 5, 2026 · 10:22 am

Viraj Profiles’ Decarbonisation Journey: Building a Circular, Responsible and Future-Ready Stainless-Steel Enterprise

Mumbai (Maharashtra) [India], June 5: As the global manufacturing industry confronts the realities of climate change, decarbonisation is no longer merely an…

Business June 5, 2026 · 10:20 am

AVEVA Expands CONNECT in India with New AI Capabilities to Accelerate Industrial Intelligence

Mumbai (Maharashtra) [India], June 5: AVEVA, a global leader in industrial software, today announced a broad set of upcoming innovations for its…

Business June 5, 2026 · 10:17 am

RBI again keeps repo rate unchanged at 5.25%, retains neutral stance amid West Asia crisis

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at…

Business June 5, 2026 · 10:09 am

DayOne Secures Over 1GW Renewable Energy in Malaysia in Landmark TNB Partnership

Kuala Lumpur [Malaysia], June 5: DayOne Data Centers Limited ("DayOne"), a Singapore-headquartered global digital infrastructure platform, today announced that it has signed…

Business June 5, 2026 · 10:08 am

Varanasi-based orthopaedic surgeon Dr Vipin Singh honoured with Health Icon Award, marks major milestones in knee replacement surgery

Varanasi (Uttar Pradesh) [India], June 5: In the field of orthopaedic care, consistent performance and patient outcomes remain key factors behind professional…

Business June 5, 2026 · 10:01 am

Aarti Industries Achieves EcoVadis Platinum Rating 2026, Ranking Among the Top 1% of Companies Globally

Mumbai (Maharashtra) [India], June 5: Aarti Industries Limited (AIL), a leading global speciality chemicals company, today announced that it has been awarded…