“Seeing Degrowth For First Time In 15 Years”: Zerodha CEO

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SUMMARY

Kamath said that the markets are “finally correcting”, which has resulted in the broking industry seeing a “massive drop” in terms of trades and volume

He feels that if the correction continues, the Indian government is likely to see a 50% decline in its Securities Transaction Tax (STT) for FY26 from INR 80K Cr to INR 40K Cr

The Indian equities markets, in tandem with the global markets, crashed on Friday (February 28) after US President Donald Trump doubled down on his tariff war agenda

Amid the bloodbath in…



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“Seeing Degrowth For First Time In 15 Years”: Zerodha CEO


SUMMARY

Kamath said that the markets are “finally correcting”, which has resulted in the broking industry seeing a “massive drop” in terms of trades and volume

He feels that if the correction continues, the Indian government is likely to see a 50% decline in its Securities Transaction Tax (STT) for FY26 from INR 80K Cr to INR 40K Cr

The Indian equities markets, in tandem with the global markets, crashed on Friday (February 28) after US President Donald Trump doubled down on his tariff war agenda

Amid the bloodbath in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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