8 stocks, each an MF’s sole pick in June, rise upto 120% in CY24
ETMarkets’ latest mutual fund analysis focuses on stocks held exclusively by a single scheme. Initially, the analysis came up with 137 such stocks as of June 2024. To streamline our approach, we focused on stocks where the market value of the mutual fund scheme exceeded Rs 25 crore as of June and which had seen […]
EU’s carbon tax could cost India 0.05 per cent of GDP: Report
The EU’s CBAM taxes 25% on India’s energy-intensive exports, impacting 0.05% of GDP, per CSE. Targeted goods: iron, steel, cement, fertilizers, aluminum. Exports to the EU made up 9.91% (2022-23). 26% aluminum, 28% iron, steel were EU-bound. CBAM-covered goods formed one-fourth of global exports. No hydrogen, electricity exported. Debates occur at UN climate conferences.
How to trade Chennai Petroleum, Godrej Properties & LIC on Thursday
The Indian market closed flat on Tuesday with a positive bias. The S&P BSE Sensex closed above 80,700 levels while the Nifty50 held onto 24,600.
Sebi mulls over raising F&O contract value from Rs 5 lakh to Rs 25 lakh: Report
A committee formed by the markets regulator to examine the futures and options segment has made preliminary recommendations aimed at reducing speculative trading. These recommendations, including the proposed agenda, are part of an effort to enhance stability and fairness in the derivatives market.
Fiscal cushion gives FM room to drive capex, boost consumption: Siddhartha Sanyal of Bandhan Bank
Bandhan Bank’s Siddhartha Sanyal highlights improving growth, especially in rural areas, fiscal deficit reducing steadily, to state that the Finance Minister may focus on boosting consumption and investments in the upcoming budget.
PwC for extension of beneficial tax regime for new manufacturing cos
PwC has recommended extending tax benefits for new manufacturing companies and introducing a tax amnesty scheme for Customs cases to Finance Minister Sitharaman before the upcoming budget presentation on July 23.
Nazara Technologies’ two subsidiaries get Rs 1,120 crore GST demand notice
According to an exchange filing, the Director General of GST Intelligence in Kolkata issued show cause notices to Openplay Technologies and Halaplay Technologies on Tuesday, July 16. The proposed liabilities are Rs 845.72 crore for Openplay Technologies and Rs 274.21 crore for Halaplay Technologies.