Why it could be a little hard for India to clinch favourable free trade pacts with UK, European Union
Free Trade Agreements (FTAs), or treaties between two or more nations designed to reduce barriers to trade and investment, are not new to India. New Delhi has signed 13 such pacts in the last five decades, with the primary ones being with countries and blocs in the east — for instance Japan, South Korea, Australia, […]
Online gaming, casinos liable to 28 per cent GST since beginning: Revenue Secretary Sanjay Malhotra
”Certain members had raised the issue of retrospective taxation. It was informed to them that this is not retrospective, and this was the law earlier. These liabilities already existed because money online games played with bets…They were already attracting (28 per cent GST) by way of betting or gambling,” Malhotra told reporters. In the 52nd […]
Decoding the Week: What’s next for Nifty and key sectoral shifts
The highlight of the week was the surging US 10-YR yields that put pressure on global equities and India was resilient, but no different. The markets went on to test key support levels on the weekly charts and experienced a technical rebound from there.
Gold likely to remain range-bound next week
US employers added 336k jobs versus the forecast of 170k jobs in September as a two-month payroll net revision was noted at +119k. The unemployment rate came in at 3.8%, which was slightly higher than the estimate of 3.70%.
Bullish Bets: 6 smallcap stocks that can rally up to 25%
Domestic brokerage Axis Securities is bullish on a few smallcap stocks, sensing a potential to rally up to 25%. These stocks include JTL Industries, Kirloskar Brother, and CIE Automotive India. The brokerage believes that the Indian economy stands at a sweet spot of growth and remains the land of stability against the backdrop of a […]
10 IPOs to watch out for in second half of FY24
The first half turned out to be robust for IPOs with a spike in average listing gains and increased fundraising (if not for the high base of LIC IPO, which came in the first half of previous fiscal). The second half looks equally promising as many companies are sitting on Sebi approval to launch their […]
Multibagger hunt! This smallcap stock turned Rs 10,000 to Rs 9 lakh in just 10 years
In the last five-year period, the shares have jumped nearly 6,000% and about 1050% in the past three years.
Mind Over Money: Krav Maga & meditation keep this MD & CEO of gaming company mentally fit
“As the saying goes, ‘A healthy mind in a healthy body’ and this holds true for maintaining mental well-being in the bustling business landscape”
Mind Over Money: Krav Maga & meditation keep this MD & CEO of gaming company mentally fit
“As the saying goes, ‘A healthy mind in a healthy body’ and this holds true for maintaining mental well-being in the bustling business landscape”
FPIs sell power stocks; buy capital goods in September
They were buyers of shares in sectors such as capital goods, consumer services, financial services, and IT. Overall, foreign portfolio investors (FPIs) pulled Rs. 14,764 crore out of Indian markets in the month