Berlin Global Dialogue: EU inviting disaster through carbon tax, says Piyush Goyal

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• Gold, silver prices on October 20: Check latest rates in Delhi, Mumbai, Kolkata, other cities

  Leading Indian jewellers kept gold prices mostly unchanged on October 20, 2026. Joyalukkas and Malabar Gold & Diamonds quoted 22K gold at ₹13,570 per gram across most states, while Tanishq listed ₹13,575; for 24K, Malabar quoted ₹14,804 per gram and Tanishq ₹14,809, with small differences due to store pricing, inventory costs and regional logistics. Prices follow international spot bullion, the USD/INR exchange rate and festival-season demand, with higher interest rates and Middle East tensions as headwinds for non-yielding gold. Retail purchases attract 3% GST on the metal and 5% GST on making charges, and 22K is preferred for ornaments because of its greater durability.

  businesstoday.in·20/10, 03:45goldIndiaexchange rates
• ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

  India's industry body ASSOCHAM welcomed recent Reserve Bank of India (RBI) and Finance Ministry measures to address rupee volatility and FPI flow swings, and called for further tax rationalisation and simpler rules to attract stable long-term foreign capital. It praised the Income-tax Amendment Ordinance, 2026, which exempts FPI investments in government securities from tax on interest and capital gains from April 1, 2026. ASSOCHAM also urged considering an SBI Research proposal to extend the long-term equity holding definition to two-three years, with incentives for such investments. It noted the rupee had recovered nearly 2% from recent lows, and blamed global factors such as high US bond yields, elevated crude prices and a shift of capital toward AI and technology for FPI volatility.

  arabherald.com·19/10, 16:15Indiaexchange ratescapital flows
• ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

  ASSOCHAM has urged further tax rationalisation and simpler, standardised tax rules to attract stable, long-term foreign investment into India. It welcomed recent RBI and government measures to stabilise the rupee and the Income-tax Amendment Ordinance, 2026, which exempts FPI investment in government securities from tax on interest and capital gains from April 1, 2026. The body also backed the government's consultation on long-term capital gains tax and securities transaction tax ahead of the Union Budget 2027-28, and proposed extending the definition of long-term equity holdings to two-three years with incentives. ASSOCHAM cited the rupee's recovery of nearly 2 per cent from recent lows and a 7.1 per cent GDP growth projection for FY27, while noting that high US bond yields, elevated crude prices and a shift towards AI-related investments had driven volatility in FPI flows.

  middleeaststar.com·19/10, 13:00Indiataxescapital flows
• ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

  ASSOCHAM called for further tax rationalisation and simpler tax rules to attract stable, long-term foreign investment, welcoming recent RBI and Finance Ministry steps to bolster investor confidence amid rupee volatility and FPI flow swings. It welcomed the Income-tax Amendment Ordinance, 2026, which exempts FPI investments in government securities from tax on interest and capital gains from April 1, 2026, and Finance Minister Nirmala Sitharaman's remarks that the government wants investor views on long-term capital gains tax and securities transaction tax ahead of the 2027-28 Union Budget. The group cited RBI measures that helped the rupee recover nearly 2% from recent lows, and suggested considering SBI Research's proposal to extend long-term equity holdings to two to three years with incentives. It said global factors such as high US bond yields, elevated crude prices and capital shifting toward AI had driven FPI volatility.

  jamaicantimes.com·19/10, 13:00Indiataxescapital flows
• ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

  Industry body ASSOCHAM called for further tax rationalisation and simpler tax rules to attract stable, long-term foreign investment, welcoming recent RBI and Finance Ministry measures to bolster investor confidence amid rupee volatility and FPI flows. It welcomed the Income-tax Amendment Ordinance, 2026, which exempts FPI investments in government securities from tax on interest and capital gains from April 1, 2026. ASSOCHAM also backed considering SBI Research's proposal to extend long-term equity holding definitions to two-three years with incentives, and welcomed Finance Minister Nirmala Sitharaman's remarks that the government wants investor views on LTCG and STT ahead of the Union Budget 2027-28. The group said RBI measures helped the rupee recover nearly 2 per cent from recent lows, and pointed to foreign exchange reserves and the RBI's 7.1 per cent GDP growth projection for FY27 as signs of economic strength.

  britainnews.net·19/10, 12:30taxescapital flowsIndia
• Nilesh Shah of Kotak says easing tax burden may help attract foreign flows , but wont be enough

  Nilesh Shah, MD of Kotak Mahindra AMC, says Finance Minister Nirmala Sitharaman's recent remarks on long-term capital gains (LTCG) tax and securities transaction tax (STT) raise hopes of a better balance between the two. Investors currently pay both STT and capital gains tax without getting STT credited against their capital gains liability, and many foreign investors cannot claim credit for Indian taxes in their home countries. Shah says taxation is a major hurdle for global investors but not the only driver of outflows; the AI trade, rising US interest rates and Middle East tensions also weigh. He describes the selling as portfolio reallocation rather than a 'Quit India' move, and notes that large- and mid-cap valuations are around 30% below September 2024 levels.

  livemint.com·16/10, 09:00capital flowstaxesIndia

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• Bank Profits Surge

  The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.

  CafeF·23/10, 03:57▲ VNINDEXbanksearningscredit
• World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide

  SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.

  CafeF·23/10, 03:57▼ XAU/USD▼ PAXG/USDT▼ XAUT/USDTgoldinflationFed
• Gold Prices Continue to Fall

  On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).

  CafeF·23/10, 03:48▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDgoldexchange ratesState Bank of Vietnam
• Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News

  VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.

  CafeF·23/10, 03:41▲ VHM▲ VICreal estateearningsVietnam
• Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'

  A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.

  CafeF·23/10, 03:34▲ PDRreal estatehousingbanks
• International Business : Global stocks nosedive as Meta dents AI optimism

  Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.

  gdnonline.com·23/10, 03:30▼ META▼ QQQ▼ SPY▼ NVDAtech stocksoil pricesbonds