Even as the Securities Transaction Tax (STT) hike weighed on market sentiment and emerged as one of the triggers behind the sharp sell-off during Sunday’s trading session, top investor Shankar Sharma expressed strong support for the Budget 2026 and said he liked the Budget for this “one important reason”.Comparing derivatives (futures and options) trading to […]
Kolkata: The Reserve Bank of India (RBI) on Tuesday proposed increasing the dividend payout ceiling for banks to 75% of net profit from the earlier 40% rule. It also wants bank boards to monitor asset quality and provisioning gaps, capital projections and long-term growth plans before declaring a dividend. The regulator has laid out a […]