It has been a topsy-turvy year for the ed-tech industry. Not only funding declined by 89% this year, but investment in mature rounds including Series C, D, E, F, among others, reduced drastically. What this means is that early-stage funding has gone up. For instance, Saarthi Pedagogy has received seed funds worth $3,700,000, as per […]
By Vikram Patel With the new year just around the corner, it becomes vital to foresee the trends that will shape the healthcare industry, considering how technology has already revolutionized this landscape to a large extent. With this in mind, it is crucial to note that the upcoming year can mark the onset of a […]
Prominent Indian-American Congressmen, along with several US lawmakers, strongly condemned the recent vandalism of the Shri Swaminarayan Mandir Hindu Temple in Newark, California. The temple suffered defacement and anti-India graffiti, prompting an investigation by the police as a potential hate crime. Images posted on social media have revealed objectionable graffiti, including the word ‘Khalistan.’ The […]
By Rohan Patil NSE Nifty 50 index on the daily chart is moving in a higher high higher bottom formation from the past two months and has given approximately 17 per cent returns in a very short span of time. The RSI reading above 80 levels on the daily chart is an alarm sign for […]
By Rajesh Palviya NSE Nifty 50 index started the previous week on a flat note and selling pressure throughout the week dragged the index to close at its lowest point. Nifty 50 closed at 16411 with a loss of 691 points on a weekly basis. On the weekly chart the index has formed a long […]
By Rohan Patil In terms of candlestick, prices have formed a bullish harami pattern and prices have been able to close just near their 21-week exponential moving average on the weekly interval. The bullish harami candlestick pattern requires confirmation in the coming weeks with closing above the pattern. Nifty 50 on the daily chart continues […]
Question: I am an individual taxpayer and have sold off certain unlisted shares in my portfolio. Kindly guide me on the tax implications on the gains derived from such transfer. Answer by Dr Suresh Surana, Founder, RSM India: Gains from unlisted shares would be required to be categorized as long term or short term based […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to remain unchanged on Monday, 13 February 2023, keeping costs steady for about eight months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is […]
SGX Nifty traded in the red, indicating a lower start for the domestic Indian equity markets at 17,589, down 36 points. On Wednesday, markets extended their gaining streak, as Nifty rose 0.91% to 17,557, while Sensex added 582 points to settle at 59,689. “The domestic market is displaying resilience, unaffected by the weaker global peers, […]
NSE Nifty 50 and BSE Sensex pared early gains and were trading flat in the afternoon session on Tuesday. The benchmark NSE index was trading at 18,268.25 and the 30-share BSE index was trading at 61,763.25. Meanwhile, analysts at Prabhudas Lilladher have added Infosys and Mangalore Refinery & Petrochemicals (MRPL) stocks to their buy list […]
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