Letters to Editor - The HinduBusinessLineSENSEX 77,470.11 -238.41NIFTY 24,187.70 -50.80CRUDEOIL 8,174.00+ 225.00GOLD 142,815.00+ 1,427.00SILVER 223,631.00+ 5,231.00SENSEX 77,470.11 -238.41NIFTY 24,187.70 -50.80NIFTY 24,187.70 -50.80CRUDEOIL 8,174.00+ 225.00CRUDEOIL 8,174.00+ 225.00GOLD 142,815.00+ 1,427.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>Updated - July 21, 2026 at 09:01 PM.Review LTCGThis refers to ‘No proposal now to scrap LTCG on equity transactions: FinMin’ (July 21). The government’s decision appears ill-timed when FPI outflows continue and the rupee remains under pressure against the dollar. At the same time, the authorities have been encouraging foreign capital through the special FCNR(B) scheme, including a dollar-rupee swap facility and temporary CRR/SLR exemptions. With 3-5 year domestic fixed deposit rates of 6-6.5 per cent now broadly matching FCNR(B) deposit rates, the incentives appear skewed. Further, the Indian stock market has been among the weakest-performing major markets in 2026. In such an environment, retaining the LTCG tax does little to encourage long-term investment in equities.Srinivasan VelamurArizona, USISRO’s talent exodusThe success of Skyroot Aerospace on the launch pad is undoubtedly a milestone. At the same time, the high attrition rate at ISRO is a challenge that the Government needs to address effectively. The exodus of experienced scientists and engineers from ISRO to private firms, largely driven by better pay packages and faster career progression, could affect the organisation’s ability to undertake complex and mission-critical projects.S LakshminarayananKo-Puvanur, TNVikram-1 launchApropos ‘Will Vikram-I be a commercial success?’ (July 21), Skyroot Aerospace’s successful Vikram-1 launch is a proud milestone moment for India. By joining the US and China in the private orbital launch club, India has showcased the commercial potential of its space sector and the benefits of policy support for private enterprise. Extending similar reforms to nuclear power can boost energy security.PV PrakashMumbaiSpain’s triumphApropos ‘Felicidades, Espana’ (July 21), Spain’s World Cup triumph deserves applause for more than one reason. The coach, Luis de la Fuente shaped this side through years of coaching younger national teams before getting to helm the senior national team. This continuity produced a disciplined team which conceded very few chances throughout the world cup campaign. Ferran Torres may have scored the winning goal but it was a complete team effort. Clean passing, disciplined defending and patient movement became the team’s trademarks from the opening match to the finals.Bal GovindNoidaPublished on July 21, 2026Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }