Holding shares of subsidiary not liable to GST, says CBIC
The Central Board of Indirect Taxes and Customs (CBIC) Monday came up with a series of clarifications including on the much disputed Input service distributor (ISD) mechanism and the cross charge for internally generated services.
Two more rounds of talks likely for IPEF to conclude: Sources
While the legal scrubbing of the Supply Chain Agreement – which was finalised in May – is on, discussions are moving fast on the clean economy and fair economy pillars, said people aware of the matter. The fourth round of IPEF negotiations took place from July 9-15 in South Korea. India is yet to take […]
Officers’ training kicks off to recast consumer price index
The training involves identification of markets and key shops for collecting statistics, sources informed ET. The ministry identifies the most frequented shop as a permanent shop in each market and two reserve shops. “CPI base updation training programme will strengthen the data collectors to identify the correct markets and correct shops for item identification,” a […]
Ahead of Market: 10 things that will decide D-Street action on Tuesday
The S&P 500 and the Dow edged up on Monday, as investors awaited quarterly results from industry heavyweights through the week, while Apple and Tesla boosted the tech-heavy Nasdaq. Second-quarter earnings are gathering momentum, with Tesla due to report on Wednesday, while Bank of America , Morgan Stanley, Goldman Sachs and Netflix are also lined […]
Here’s how Dolly Khanna reshuffled her portfolio in June 2023
Her portfolio leans towards more traditional stocks in manufacturing, textile, chemicals, and sugar stocks.
These 9 large-cap stocks hit a new 52-week high, do you own any?
On Monday, the benchmark index Sensex witnessed a remarkable surge, rising by approximately 529 points to reach a life-time high of 66,589. Adding to the excitement, 9 stocks listed on the BSE 100 index also achieved new record highs during the past 52 weeks.This development is significant for traders and investors, as the 52-week high […]
Gainers and Losers: Adani Enterprises, Hero MotoCorp among top stocks in action on Monday
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Import restrictions on gold jewellery not applicable for SEZ units
In a policy circular, the Directorate General of Foreign Trade (DGFT) said it has received representations from SEZs units highlighting issues being faced by them due to these restrictions. Accordingly, it is “clarified” that imports of these products by SEZ units “are outside the purview” of the July 12 notification, the Directorate General of Foreign […]
How to plan your investments when Indian equities are more attractive than global peers
The Indian stock market has been one of the best-performing markets in the world over the last 3 months. Over the last 1 year, 3 year, and 5 years, the Nifty 50 has delivered a CAGR of 21.6%, 23%, and 12.4%, respectively. This strong performance has been driven by the confluence of a number of […]
Manufacturing sentiments in India remain positive for first quarter: Ficci Survey
The survey assessed the sentiments of manufacturers for April-June (2023-24) for nine major sectors namely automotive & auto components, capital goods & construction equipment, cement, chemicals fertilizers and pharmaceuticals, electronics & white goods, machine tools, metal & metal products, textiles, apparels & technical textiles, toys & handicraft.