In an interview with ET Now, Nirmal Jain , Chairman, IIFL , says MSP calculations based on cost of production plus 50% will result in fiscal deficit and incremental borrowing. The bond market yields are up very sharply and that is what has spooked the market also. Read more here: More than LTCG tax, market is worried about MSP calculations: Nirmal Jain, IIFL
Read More Here: More than LTCG tax, market is worried about MSP calculations: Nirmal Jain, IIFL
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