News digest: LTCG tax, Air India loss, renewable energy projects, and more

Finance Minister Arun Jaitley on Thursday strongly defended the imposition of the long-term capital gains tax

We bite the bullet on difficult decisions: FM Jaitley on LTCG tax

Finance Minister Arun Jaitley on Thursday strongly defended the imposition of the long-term capital gains (LTCG) tax on listed stocks, saying the Budget proposal was to tax the wealthiest sections of society. He also said that the Budget, in these challenging times, provided Rs 120 billion relief to the middle class, including pensioners and senior citizens. Read More

Malvinder Singh and Shivinder Singh step down from Fortis Healthcare board

Fortis Healthcare promoters Malvinder Mohan Singh and Shivinder Mohan Singh announced late on Thursday their decision to resign from