Roll out red carpet for dollar, make capital gains tax zero: Shankar Sharma

Shankar Sharma, founder of GQuant Investec, has said the government has been too cavalier towards foreign capital and suggested rolling out the red carpet for the dollar, no matter what it entails. During a conversation with AK Bhattacharya at the Smart Arena segment of Business Standard BFSI Insight Summit 2026 on Wednesday, he also called for reducing long-term capital gains tax to zero for foreign investors. Edited excerpts: