| Date: |
31-10-2011 |
| Subject: |
Briefly Business: FIIs Turn Bullish, Invest R1,000 crore in October |
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FIIs turn bullish, invest R1,000 crore in October
Mumbai: After pulling out in the last two months, foreign funds have turned bullish and infused over Rs 1,000 crore in the Indian markets in October, as per Sebi.
India-EU free trade pact likely by February
New Delhi: India and the EU are at an “intense” stage of negotiations for a free trade agreement, hoping that a deal can be struck before the annual summit in February.
Revenue Department against abolition of STT
New Delhi: The revenue department is opposed to the abolition of Securities Transaction Tax (STT). It says that the levy helps keep a tab on investments in markets.
BSNL may get subsidy to exit from loss-making ops
New Delhi: BSNL may be compensated for maintaining unremunerative services or would be allowed to take a decision to exit from such services.
Source : indianexpress.com
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