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Zerodha CEO Nithin Kamath criticized the high Securities Transaction Tax (STT), noting it's higher than brokerage income and discourages trading in cash and futures. He said reducing STT and increasing intraday leverage could boost volumes. Kamath linked STT changes to a surge in options trading and called for balanced reforms.
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President Donald Trump began levying higher import taxes on dozens of countries Thursday.
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Jingye still owns the Scunthorpe plant that was taken over by the government under emergency powers.
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