The Centre's move to grant tax relief to foreign instututional investors (FIIs) earning income from government securities has been an instant success, with market veteran Deepak Shenoy pointing to additional inflows of about Rs 40,000 crore within days of the decision being taken. The G-Sec tax relief for FIIs was announced on June 5. Shenoy, who heads Capitalmind Mutual Fund, said overseas invesotors raise their holdings in government bonds sharply by June 15. The G-Sec holding of FIIs stood at Rs 3,23,802 crore as of June 1, and increased to Rs 3,63,760 crore in the next fortnight, he pointed out. "40,000 cr has now come into GSecs from FPIs after we have removed tax on capital gains and interest for them earlier this month (sic)," Shenoy posted on X. 40,000 cr has now come into GSecs from FPIs after we have removed tax on capital gains and interest for them earlier this month: pic.twitter.com/1dUlTBbsyZ — Deepak Shenoy (@deepakshenoy) June 26, 2026 Notably,...
Mexico coach Javier Aguirre has been saying for a while now that the key to his players' success at the World Cup is that they are a family. This family, it seems, is on a historic journey. Mateo Chavez and Julián Quiñones scored in a six-minute span early in the second half, and Mexico beat the Czech Republic 3-0 on Wednesday to complete wins in all three of its World Cup group-stage matches for the first time. The 22-year-old Chavez, in his first World Cup, opened the scoring in the 55th minute and Quiñones scored his second goal of the tournament in the 61st. Alvaro Fidalgo added a goal in stoppage time. Mexico became only the sixth team to win all of their group matches without conceding a goal. Team to win all FIFA World Cup group matches without conceding a goal Netherlands 1974 Brazil 1986 Italy 1990 Argentina 1998 Uruguay 2018 MEXICO 2026* “It was something very beautiful, and I'll take it with me to the grave,” Chávez said of his goal. “I imagined it many ...