Aravind

But my eyes are toward you, O God, my Lord; in you I seek refuge - Psalm 141:8

For investors in Indian markets: Short-term capital gains tax (stocks held <1 year) went from 15% to 20% two years ago. Long-term capital gains tax (held >1 year) went from 10% to 12.5% two years ago. And FIIs outflow since then: 2025: Record ₹1.66 lakh crore net - the highest annual FII outflow ever recorded in Indian markets. 2026: ₹1.51 lakh crore net just until April 2026. Just a 2% increase matters a lot if you are an FII investing billions. FIIs invest in India because of high growth opportunities, but a depreciating rupee and an increase in taxes means they may move out their capital. And FIIs definitely move their capital when they sense global issues may drag India's growth. We are already seeing this. This causes more stresses to India's economy, currency, and companies. Even if futures and options keep their increases in STT (for various reasons it can be argued to make sense), for capital gains from equities, this increase in tax definitely needs to be reconsidered by GoI. An idea I propose is the increases in taxes can be applied (some other way) only for FIIs, and only when they are taking out the capital from the country. Not sure how it can be implemented, or if it is even practical. If not, the increases in CGT must be reconsidered, and reverted for at least the time being, to incentivize FIIs and DIs in investing in India's growth story.

🚨Trump on Truth Social: Negotiations with the Islamic Republic of Iran are proceeding nicely! It will only be a Great Deal for all or, no Deal at all — Back to the Battlefront and shooting, but bigger and stronger than ever before — And nobody wants that! During my discussions on Saturday with President Mohammed bin Salman Al Saud, of Saudi Arabia, Mohammed bin Zayed Al Nahyan, of The United Arab Emirates, Emir Tamim bin Hamad bin Khalifa Al Thani, Prime Minister Mohammed bin Abdulrahman bin Jassim bin Jaber Al Thani, and Minister Ali al-Thawadi, of Qatar, Field Marshal Syed Asim Munir Ahmed Shah, of Pakistan, President Recep Tayyip Erdoğan, of Türkiye, President Abdel Fattah El-Sisi, of Egypt, King Abdullah II, of Jordan, and King Hamad bin Isa Al Khalifa, of Bahrain, I stated that, after all the work done by the United States to try and pull this very complex puzzle together,  it should be mandatory that all of these Countries, at a minimum, simultaneously, sign onto the Abraham Accords. Those Countries discussed are Saudi Arabia, The United Arab Emirates (already a Member!), Qatar, Pakistan, Türkiye, Egypt, Jordan, and Bahrain (already a Member!). It may be possible that one or two have a reason for not doing so, and that will be accepted, but most should be ready, willing, and able to make this Settlement with Iran a far more Historic Event than it would, otherwise, be. The Abraham Accords have proven to be, for the Countries involved (The United Arab Emirates, Bahrain, Morocco, Sudan, and Kazakhstan), a Financial, Economic, and Social BOOM, even during this time of Conflict and War, with the current Members never even suggesting leaving, or taking so much as even a pause. The reason for this is that the Abraham Accords have been great for them, and will be even better for everybody, and bring true Power, Strength, and Peace to the Middle East for the first time in 5,000 years. It will be a Document respected like no other that has ever been signed, anywhere in the World. Its level of Importance and Prestige will be unparalleled! It should start with the immediate signing by Saudi Arabia and Qatar, and everybody else should follow suit. If they don’t, they should not be part of this Deal in that it shows bad intention. In speaking to numerous of the Great Leaders mentioned above, they would be honored, as soon as our Document is signed, to have the Islamic Republic of Iran as part of the Abraham Accords. Wow, now that would be something special! This will be the most important Deal that any of these Great, but always in Conflict Countries, will ever sign. Nothing in the past, or in the future, will surpass it. Therefore, I am mandatorily requesting that all Countries immediately sign the Abraham Accords, and that, if Iran signs its Agreement with me, as President of the United States of America, it would be an Honor to have them also be part of this unparalleled World Coalition. The Middle East would be United, Powerful, and Economically Strong, like perhaps no other area, anywhere in the World! By copy of this TRUTH, I am asking my Representatives to begin, and successfully complete, the process of signing these Countries into the already Historic Abraham Accords. Thank you for your attention to this matter!DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA