GST 2.0: Is this the right time? And what kind of reforms do we need?
As the GST collection turns robust — an outcome of widening tax base and plugging of leakages — this is the right time to usher in the next phase of India’s most ambitious tax reform. So, what kind of reforms should be part of GST 2.0?
3 top stock recommendations from Rajesh Palviya for next week
So still the trend is weak and sell-on-rise is the strategy. 17300 is the stop-loss for Nifty. For Bank Nifty 40000 is the key level on the higher side if any pullback comes in the coming trading sessions.
Dalal Street Week Ahead: Nifty trapped in 300-400 points range; 16850-17000 levels crucial
The coming week is again likely to see a slightly tepid start. The levels of 17250 and 17350 are likely to act as potential resistance points. The supports come in at 16900 and 16710 levels. The trading range will continue to stay wider than usual.ET M
BlackRock says not participating in any plans to acquire Credit Suisse
“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so,” the spokesperson told Reuters.
Impact of SVB’s fallout on DM and EM currencies! Will rupee get impacted?
With weakening EM currencies, the Rupee is also bound to weaken. For now, the central banks across have become the currency manager and have insulated their currencies against the heat of the external environment by using the FX reserves and so did the RBI actively.
We might be entering into a disinflation scenario by the end of this year: Manish Singh
Now, bear in mind that the Swiss National Bank has a lot of assets on their book. I mean, they hold $139 billion of US equity, so they do have enough firepower to resolve this. But this is Europe and Switzerland and it might take longer. But in the US, I think they have handled […]
Explainer: Credit Suisse: How did it get to crisis point?
A string of scandals over many years, top management changes, multi-billion dollar losses and an uninspiring strategy can be blamed for the mess that the 167-year-old Swiss lender now finds itself in.
Vijay Kedia picks another 7% stake in smallcap auto stock
According to disclosures made to stock exchanges, Kedia acquired 16,83,502 shares of the company on March 15. Before the acquisition, he held a 1.5% stake and his total shareholding in the auto company has gone up to 8.43%.
10 foreign banks have larger asset base in India than Credit Suisse. Should you worry?
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Credit Suisse meets to weigh options, under pressure to merge with UBS
The 167-year-old bank is the biggest name ensnared in market turmoil unleashed by the collapse of U.S. lenders Silicon Valley Bank and Signature Bank over the past week, forcing the Swiss bank to tap $54 billion in central bank funding.