Jindal Stainless on Thursday said it will generate over 1.9 billion units of clean electricity per year through its green energy initiatives. The initiatives have the potential to reduce carbon emissions by over 13.52 lakh tonnes per annum. “Jindal Stainless… will generate over 1.9 billion units of clean electricity per annum through its wind-solar hybrid, […]
The Central Board of Direct Taxes (CBDT) has clarified that any payment made by the buyer or seller in a transaction facilitated by the e-commerce operator (ECO), shall be included in the gross amount of sales of goods or services for the purpose of 1% Tax Deduction at Source (TDS). In Budget FY20, the TDS […]
By Siddhant Mishra The markets cheered the Budget announcement of not to tinker with capital gains tax, but a proposal to tax income from market-linked debentures (MLDs) as short-term capital gains has come as a rude shock. MLDs differ from regular non-convertible debentures or NCDs, which come with regular interest payouts, as investors get their […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty and BSE Sensex may remain volatile on weekly F&O expiry amid mixed global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 57 points or 0.32% lower at 18,103 in today’s early morning trade. Asian markets were trading in green – Hong Kong’s […]
Indian equity indices ended Wednesday’s session in the red territory. The Sensex closed below 60,700 while the Nifty settled below 18,100. The top gainers of the BSE Sensex were Maruti (up 0.22%) and TCS (up 0.10%) while Tata Steel (down 2.32%), Tata Motors (down 2.09%), Power Grid (down 1.99%), Wipro (down 1.83%) and Infosys (down […]
Taiwanese and South Korean stock markets ended Friday’s session in the negative territory following the weak sentiment in global markets. FTSE TWSE Taiwan 50 Index fell 185.15 points or 1.68% to 10,839.24 and KOSPI Composite Index dropped 43.04 points or 1.83% to 2,313.69. The Taiwan 50 Index touched an intraday high of 11,024.39 and a […]
A short-lived bounce for global stocks faded on Thursday, as easing U.S. inflation expectations were overshadowed by fears about an economic downturn. Futures markets indicated Wall Street‘s benchmark S&P 500 share index would drift 0.2% lower at the opening bell, having gained 1.5% in the previous session. Contracts on the tech-focused Nasdaq 100 also fell […]
US stocks rallied hard in 2023 with the momentum set to end the year at a high. Some investors and traders on Wall Street are bracing for more stock gains ahead, marking the start of the ‘Santa Claus rally’ – a seasonal trend in which equities tend to rise in the first few days of […]
Shares of Nestle India Ltd on Thursday climbed nearly 2 per cent after the FMCG major reported a 65.50 per cent increase in net profit in the fourth quarter ended December 31, 2022. The stock gained 1.64 per cent to settle at Rs 19,562.05 apiece on the BSE. During the day, it climbed 2.87 per […]
Global index provider MSCI has sought feedback from its subscribers, including passive trackers and sell-side analysts, on the Adani Group and its associated securities amid the recent price volatility in its shares. The index provider said on Saturday it is aware of the reports recently published regarding the Adani Group and is closely monitoring publicly […]
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