Arab Today, arab today sensex extends rally to 3rd day
Last Updated : GMT 10:37:02
Arab Today, arab today
Arab Today, arab today

Sensex extends rally to 3rd day

Arab Today, arab today

Arab Today, arab today Sensex extends rally to 3rd day

New Delhi - Arabstoday

Indian stocks climbed for the third day yesterday on expectation the European Central Bank will cut interest rate, and as a key adviser to the Prime Minister said tax rules for foreign investors should not be changed. The BSE India Sensitive Index added 0.4% to 17,538.67. India must “clarify” that it does not intend to alter the way overseas investments in local stocks and bonds are taxed, as the nation prepares rules to clamp down on tax avoidance, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said in an interview to Bloomberg UTV yesterday. The Sensex has risen 3.7% since June 26 when Prime Minister Manmohan Singh decided to lead the country’s finance ministry after Pranab Mukherjee quit to vie for the presidency. Mukherjee outlined steps to tackle tax avoidance, the so-called General Anti-Avoidance Rule, in his budget speech on March 16, before retreating on the plan in May by delaying implementation until 2013 to salvage investor confidence. India’s rupee fell the most in almost two weeks after the nation fell short of its target at an auction of bond-investment permits to foreign investors. The currency declined 0.8% to 54.9550 per dollar in Mumbai, the biggest drop since June 22, according to data compiled by Bloomberg. Global funds bought Rs402.5bn ($7.3bn) of allocations for purchasing local-currency debt, two people familiar with the matter said, declining to be identified as they aren’t authorised to speak to the media. The Securities and Exchange Board of India aimed to sell Rs599bn of the quota. The currency also declined as data signalled Europe’s economic slump is deepening. The European Central Bank cut its main refinancing rate by a quarter percentage point to a record low of 0.75% yesterday. from gulf times.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sensex extends rally to 3rd day Arab Today, arab today sensex extends rally to 3rd day

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sensex extends rally to 3rd day Arab Today, arab today sensex extends rally to 3rd day

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday