News digest: Budget 2018, foreign banks, metro network, and more

From expanding metro footprints to Skoda's growth plan, BS brings you up to date with the latest news

Budget 2018: Finance ministry may tweak tax norms for listed stocks

The finance ministry is considering extending the holding period for short-term capital gains (STCG) tax on listed securities from one year to three years, bringing equities on a par with some other asset classes in tax treatment. This is among a number of measures for the capital markets that may be announced in the Union Budget for 2018-19. Read more

Foreign banks' India footprint shrinks as domestic competition hots up

Foreign banks are increasingly shrinking their presence in India and are also becoming more conservative