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Source: Business Standard Market today: Indian benchmark indices– Sensex and Nifty– are likely to edge higher. At around 6:52 AM, GIFT Nifty futures were up 63.9 points at 25,436.5. Even though the trading will take place as usual today, the accounts will be settled on Tuesday, September 17, as per a notification of BSE….
Source: Business Standard 3 min read Last Updated : Sep 16 2024 | 6:30 AM IST Nifty Outlook The festive week was action-packed, ultimately favoring the bulls. It started on a cautious note, testing levels around 24,750, but as the week progressed, prices defended key support and moved higher. The biggest surprise came…
Source: Business Standard GST | (Photo: Shutterstock) 2 min read Last Updated : Sep 15 2024 | 7:55 PM IST The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life insurance products and submit its report by October 30. Bihar…
Source: Business Standard RBI, Reserve Bank of India(Photo: Shutterstock) 3 min read Last Updated : Sep 15 2024 | 2:40 PM IST The Reserve Bank plans to comprehensively revamp its currency management infrastructure over the next 4-5 years, mainly to ensure adequate storage and handling capacity to cater to the future cash needs of…
Source: Business Standard VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, has attributed two major reasons for FPIs’ strong buying. First, there is a consensus now that the US Fed will start cutting rates from this month onwards, pushing the US yields down Photo: Shutterstock 2 min read Last Updated : Sep 15 2024 |…
Source: Business Standard 4 min read Last Updated : Sep 15 2024 | 11:28 AM IST The Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj Chaudhary and include members from states, an official has said. The official…
Source: Business Standard Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday | (Photo: Shutterstock) 2 min read Last Updated : Sep 15 2024 | 10:39 AM IST Nine of the top-10 most valued firms together added Rs 2,01,552.69…
Source: Business Standard The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels. (Photo: Shutterstock) 3 min read Last Updated : Sep 15 2024 | 10:16 AM IST The US Federal Reserve’s interest rate decision is the biggest event that would drive sentiments in…
Source: Business Standard Struggling SpiceJet is in the process of raising funds to boost its financial position and meet various obligations. | Photo: Shutterstock 2 min read Last Updated : Sep 14 2024 | 10:43 PM IST Markets regulator Sebi has exempted Spice Healthcare Pvt Ltd from making an open offer to SpiceJet shareholders…
Source: Business Standard The detection of GST evasion by DGGI has been steadily rising since the roll-out of GST in 2017. | Photo: Shutterstock 2 min read Last Updated : Sep 14 2024 | 9:08 PM IST Investigation arm DGGI has detected 6,084 cases involving Rs 2.01 trillion of GST evasion in 2023-24 fiscal,…
