Levying capital gains tax on those who invest in India, especially the foreign investors, is a bad idea, and is possibly the Central government's "biggest mistake," said Samir Arora, founder and chief investment officer of Helios Capital at the Business Standard Manthan Summit 2025.

Capital gains tax, he added, is especially souring sentiment for foreign investors who have been on an unabated selling spree for five months.

The US and Ukraine failed to sign a critical minerals agreement after a Friday meeting between Donald Trump and Volodymyr Zelenskyy devolved into a fiery exchange, fracturing relations between the two countries.

Trump took umbrage with Zelenskyy’s doubts that the US president’s efforts to broker a deal with Russia would lead to lasting peace. The Ukrainian leader departed the White House following the public spat, and a planned signing ceremony and press conference were canceled.

President Donald Trump will preside over the White House’s first cryptocurrency summit next Friday, further establishing his embrace of the industry.

Trump will deliver remarks at the gathering that “will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the president’s Working Group on Digital Assets,” the White House said in a statement on Friday night.

The Bombay High Court on Friday raised concerns over the "cut, copy, paste manner" in which banks pass orders declaring accounts as 'defaulter' or 'fraud', and asked industrialist Anil Ambani to approach the RBI against an order of the Union Bank of India declaring his loan account as 'fraud'.

Leader of Opposition Rahul Gandhi on Friday hit out at the government over key posts lying vacant in the National Commission for Scheduled Castes and urged Prime Minister Narendra Modi to fill them up to ensure that it effectively fulfils the responsibility of protecting the rights and interests of Dalits.

The former Congress president said the vacant posts were a manifestation of the "anti-Dalit mindset" of the BJP government.

Adani Green Energy (AGEL) on Friday said its total operational renewable energy generation capacity has increased to 12,258.1 MW with the commissioning of an additional 275 MW of solar power project at Khavda, Gujarat.

"Adani Green Energy Twenty Five A Ltd, wholly-owned step down subsidiary of the company has operationalized an incremental 275 MW of solar power project at Khavda, Gujarat," a regulatory filing said.

Prime Minister Narendra Modi on Friday held talks with European Commission President Ursula von der Leyen, focusing on imparting fresh momentum to the India-European Union (EU) strategic partnership.

The two sides are expected to take stock of the ongoing negotiations to firm up an ambitious trade deal as well as explore ways to boost trade and investment ties.

Investors' wealth tumbled by Rs 7.46 lakh crore in morning trade on Friday, in-tandem with a sharp decline in the domestic equity market, with the benchmark Sensex plunging over 1,000 points following a bearish trend in global equities.

Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment.

Amid the DMK's government's strong opposition to the Three-language policy, Governor RN Ravi said that there's a strong demand for implementation of New Education Policy 2020 because the youth feel "hugely deprived" of opportunities.

"There is huge demand for implementation of the NEP 2020. The youth of this region feel hugely deprived of opportunities compared to those from neighboring states due to the rigid two language policy of the State Government".

Finance secretary Tuhin Kanta Pandey will replace Madhabi Puri Buch as the next Securities and Exchange Board of India (Sebi) chairman, after the latter’s three-year term ends on February 28.

The Appointments Committee of the Cabinet, chaired by Prime Minister Narendra Modi, has approved Pandey’s appointment as Sebi chief.

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