By Anand James The US dollar is at its strongest against the rupee, but despite the strong move on Friday, the dollar index is yet to breach the May peak and in a way suggest that recent news flow is only confirming what it had priced in a month back. Now, the rupee is a […]
The government hiked the securities transactions tax, or STT, on the sale of futures and options in the Finance Bill passed in the Lok Sabha on Friday. For sale of futures in securities, the STT rate has been increased from 0.01% to 0.0125%, which translates to an increase of 25%. This means that for a […]
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