India scraps capital gains tax for foreign bond buyers to shore up rupee
Central bank holds interest rates despite pressure on currency from foreign outflows and war in Iran
Economic news
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Apollo drops £1.5bn bid for London-listed Bodycote
US private equity group says it may make another offer for components maker in coming months
Wall Street’s red carpet for SpaceX
Banks and stock exchanges have bent over backwards for the historic IPO of Elon Musk’s rocket company
Elon Musk’s SpaceX lines up retail investors for record IPO allocation
Up to a quarter of the rocket builder’s $75bn float will be set aside for individual investors