India’s arbitrage fund managers are bracing for lower returns after the government unexpectedly raised taxes on equity derivatives, a move that threatens a fast-growing sector that holds $36 billion in assets https://www.bloomberg.com/news/articles/2026-02-05/tax-increase-shakes-india-s-36-billion-arbitrage-trade?taid=6983fca6be49b700014b137e&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter