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,...
The police paraded them through the very market where they fired gun shots, threw down bombs in a busy market to celebrate the birthday of their gang leader in Uttar Pradesh, showed a video.
The incident, which was reported from the Lal Bangla area of Kanpur, took place on Wednesday.
CCTV footage helped zero in on the suspects and the police arrested three people.
The three arrested have been identified as Sahil (18), Debu Kumar Valmiki (27), and Razjulla (23).
The video showed that the men, surrounded by cops, were taken around the same busy market to restore confidence among the people.
A senior police officer assured that under no circumstances will the social peace be allowed to be disturbed.
"The police is keeping an eye on some of the associates of the three accused who have been arrested now and appropriate action will be taken against them," said the senior police officer.
(With inputs from Arun Agarwal)
from NDTV News- Special https://ift.tt/WO51wLu
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