Budget 2023: MFs Seek LTCG Relief

The mutual fund industry has sought tax exemptions for long-term equity investors in the Budget for the fiscal year 2023-2024 to ‘encourage long-term investment’. ‘It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds […]

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Cars That Have Been Completely Redesigned For 2023

The car industry is highly competitive, and car makers must constantly update their vehicles to keep up with the market. Pandemic-related supply chain issues have been extremely disruptive for car manufacturers, and many are looking to get back on track with new car models for the 2023 model year. Generally, […]

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European Shares Seen Tad Higher On China Reopening Hopes

European stocks may open on a steady note Monday as more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend, helping improve investors’ appetite for riskier assets. While China’s yuan firmed past the closely watched 7-per-dollar level, the U.S. dollar extended its declines into a fifth straight […]

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FDA Approves First Fecal Microbiota Product Rebyota

The U.S. Food and Drug Administration said it has granted approval for Ferring Pharmaceuticals Inc.’s fecal microbiota product Rebyota. The approval is for the prevention of recurrence of Clostridioides difficile infection or CDI in individuals 18 years of age and older. Rebyota will be used after an individual has completed […]

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