By Keshav Singh Chundawat
CNBC-TV18.com
April 12, 2024
The India-Mauritius tax treaty would make it mandatory for foreign investors to demonstrate that their choice of jurisdiction wasn't solely for the purpose of accessing advantageous tax rates.
A rise in the prices of commodities, such as gold, silver, copper, cocoa, and coffee, indicates inflation, which forces central banks to raise interest rates. As a result, this will reduce profits—something that markets dislike.
The chances of US Federal Reserve rate cuts in June have reduced with more than expected inflation recently.
The unanticipated increase in US inflation has raised US bond yields. Higher rates have a negative impact on FPI inflows.
The investors have remained wary on valuations as the Indian market is at an all-time high, even as India remains bullish.
During this phase of the bull run, investors have also been booking profits and making portfolio adjustments. The focus of the market will switch to TCS's Q4 FY24 earnings, which begin on Friday.