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Wednesday, April 29, 2026
TopicSTT

Topic: STT

India needs derivatives for high economic growth. STT hike is a bad move

A sound tax system is one based on the ability to pay or economic surplus. But the STT taxes the circulation of capital and not its returns, making it deeply distortionary.

Bad news for F&O traders: Markets wobble as FM Sitharaman announces STT hikes of up to 150%

Second major increase in two years sees markets tumble; analysts say move aims to moderate excessive trading activity in derivatives segment.

On Camera

Buddha comes home to Ladakh exposition: Gajendra Singh Shekhawat

The Government of India recognises Ladakh as one of the most important living centres of Buddhist culture in the world. We are committed to safeguarding its unique cultural traditions.

Lesson for India from the West: AI is hollowing out white-collar jobs & birthing a new middle-class elite

Post-2022 as AI has spread in developed economies, it is leading to another round of polarisation—the middle class jobs are being lost in offices rather than in factories.

Fourth S-400 sets sail for India, to arrive by mid-May; likely to be deployed along Pakistan border

The fifth S-400 air defence system is undergoing various stages of production trials, and will be delivered by November-December this year, it is learnt.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.