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Source: Live Mint NEW DELHI : October 2023-24 brought a tax shocker. The rate of tax collected at source (TCS) on the purchase of foreign tour packages and foreign remittances under the Liberalised Remittance Scheme (LRS), other than for education and medical purposes, was raised from 5% to 20%. Though this additional TCS outflow could…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Mint spoke to some young families to find out how they deal with the various costs associated with parenthood. View Full Image Graphic by Pranay Bhardwaj The Google family Google Llc employee Aman Narang and his wife Isha Aggarwal are parents to a 14-month-old son. While now in Gurugram, the couple was…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a marginal increase on Sunday. The cost of 24 carat gold is Rs.7959.3 per gm, reflecting an increase of Rs.430.0. The cost of 22 carat gold stands at Rs.7295.3 per gm, marking an increase of Rs.370.0.The price fluctuation of 24 carat gold over the…
Source: Live Mint Last week, four of India’s top 10 most-valued companies added a total of ₹81,151.31 crore to their market valuation, with ICICI Bank and HDFC Bank leading the gains. Despite this, the BSE benchmark index declined by 156.61 points, or 0.19 per cent, as per a report by PTI. ICICI Bank’s valuation increased…
Source: Live Mint Swiggy, the food and grocery delivery platform backed by Prosus and SoftBank, aims for a valuation between $11.7 billion and $12.7 billion in its upcoming IPO. According to sources cited by Moneycontrol, the company is preparing to launch its IPO in the first half of November, though the timeline may shift based…
Source: Live Mint The Indian stock market logged its worst loss since the beginning of 2024, dragged down by corporates’ largely disappointing quarterly earnings, inflation concerns, and foreign investors exiting the market to invest in China. D-Street experts say the domestic market is bracing for a potentially challenging period, with several factors poised to influence…
Source: Live Mint The domestic market has been on a downward trend influenced by global pessimism, profit-booking due to elevated valuation, and a shift in FII funds. This month, the global market continues to exhibit mixed signals, led by China’s disinflation, geopolitical tensions, and high inflation data. The Fed is expected to delay its 25…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Sensex and Nifty 50, closed higher, recovering from the losses incurred during the opening session. By the close of the trading day, the Nifty 50 had gained 104 points or 0.42%, ending at 24,854.05. The Sensex ended at 81,224.75, showing an increase of…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
