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Rs 40,000 Crore Boost: Deepak Shenoy Highlights Success Of G-Sec Tax Relief For FIIs

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,...

$3.99 Store Vase Turns Out To Be 1,800-Year-Old Mayan Artifact

A lost ancient Mayan vase has been recovered by Mexico thanks to a keen-eyed shopper in the United States. Anne Lee Dozier, a resident of Washington DC, purchased the artifact for a mere $4 at a thrift store, unaware of its true significance.

The vase, estimated to be between 1,200 and 1,800 years old, was later identified as a Mayan relic. Dozier played a crucial role in reuniting the artifact with its homeland and recently received an expression of gratitude from the Mexican embassy in Washington DC.

"A valuable witness of our Maya history returns home ... thanks to the generosity of Anne Lee Dozier," Mexico's ambassador to the US, Esteban Moctezuma Barragan, wrote on X. "This historic jewel will be reintegrated within the collection of [Mexico's National Museum of Anthropology and History] to preserve our rich cultural heritage."

"It looked old-ish, but I thought maybe 20, 30 years old and some kind of tourist reproduction thing so I brought it home," Ms Dozier told WUSA-TV.

Ms Dozier and her family returned the vase to Mexican Ambassador Estaban Moctezuma Barragan in a ceremony held at the Cultural Institute of Mexico.

"I am thrilled to have played a part in it's repatriation story. I would like it to go back to its rightful place and to where it belongs," she said, "But I also want it out of my home because I have three little boys and I have been petrified, well it's gone now, but I was petrified that after two-thousand years I would be the one to wreck it!"



from NDTV News- Special https://ift.tt/4iPmur3

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