The GST Council, in its 50th meeting on Tuesday, announced that online gaming, horse racing, and casinos would now be subject to a Goods and Services Tax (GST) rate of 28% based on the full face value. Finance Minister Nirmala Sitharaman, who chairs the GST Council, revealed this decision during a press conference in New…
The Indian defense sector is poised for substantial growth, attracting the attention of brokerage firm PhillipCapital. With its positive outlook, the company believes that defense stocks hold significant long-term potential. In this article, we will explore the reasons behind PhillipCapital’s optimism and delve into the key stocks that they favor. Reforms Boosting Efficiency and Self-Reliance…
Equity mutual fund inflows more than double to Rs 8,637 crore in June Smallcap funds continue to be in demand, net inflows surge to 66 percent month-on-month to Rs 5,471.75 crore in June BSE Sensex has risen by around 7 percent since the start of the year, while the index has gained 0.7 percent in…
Adani Group Expands Capital Base and Denies Allegations In a significant move towards fulfilling its transformative capital management program, Adani Group, a leading ports-to-energy conglomerate, has successfully raised a substantial amount of capital. The group, headed by billionaire Gautam Adani, has raised a staggering $1.38 billion (Rs 11,330 crore) through the sale of stakes in…
Market Surge Propels Reliance Industries and ITC to Significant Gains In the past week, the 30-share BSE benchmark witnessed a remarkable surge, soaring by 561.89 points or 0.86 percent. On July 7, the Sensex reached an unprecedented high of 65,898.98, reflecting the bullish sentiment in the market. Among the top-10 most valued firms, Reliance Industries…
The upcoming week in the equity market is expected to be shaped by a range of significant factors, including quarterly earnings from prominent IT companies such as TCS and Wipro, as well as domestic inflation and IIP data. Analysts believe that these key indicators, along with global influences and foreign investor activity, will play a…
Multibagger stocks have gained significant attention in the investment market, especially in the past year. Amidst the continuous surge in the stock market, several private banks have emerged as top performers, providing substantial returns to their shareholders. In this article, we will explore five private bank shares that have witnessed exceptional growth, doubling investors’ money…
Introduction In this article, we explore the key triggers that have the potential to influence and drive a stock market rally in the near term. Understanding these factors is essential for investors and market participants to make informed decisions and capitalize on market opportunities. By analyzing market dynamics and identifying the critical catalysts, we can…
Introduction In this article, we will delve into the recent fundraising efforts of Suzlon Energy and how these initiatives are shaping the future of the clean energy sector. With a comprehensive understanding of the renewable energy landscape and an unwavering commitment to excellence, we aim to provide you with valuable insights and information that will…
