Finance Minister Nirmala Sitharaman had said earlier this year that the GST (goods and services tax) regime has brought a significant improvement in the system which has not only benefited the states but ultimately the “people as well”. One may argue that the current weighted average tax rate under GST is, which is lower than […]
The Securities and Exchange Board of India has allowed mutual funds having existing active equity-linked savings schemes (ELSS) to launch passive ELSS schemes, provided fresh flows to such existing active schemes are halted. Earlier, asset managers could launch either active or passive ELSS schemes. Passive ELSS will be cheaper, with lower expense ratio of 10-25 […]
Domestic benchmark indices witnessed a volatile trading session of the weekly futures & options expiry. Both indices snapped 6-day winning streak to end in red on Thursday. However, in the last few weeks, Indian equity markets have rallied on the back of FII inflows, strong quarterly earnings by index heavyweights and declining volatility. Both indices […]
ICICI Prudential Mutual Fund has rolled out its latest campaign ‘#KisneKhaya’ based on the thought “Where’s my money going?”. As per the company, the question has got many people talking and is about the diminishing value of savings that is often missed by the young or unseasoned investor who works hard to save up money […]
By Ruchit Jain Post last week’s expiry, we witnessed some volatility the previous Friday due to negative news flows in the Oil & Gas sector resulting in a sharp correction in the index heavyweights such as Reliance and ONGC which dragged the Nifty towards 15500. However, we did not witness any short formations in the […]
Former Mahindra Group Chairman Keshub Mahindra passed away on Wednesday at the age of 99, as confirmed by INSPACe chairman Pawan K Goenka on Twitter. Born in 1923, Keshub Mahindra served as the chairman of Mahindra & Mahindra from 1963 to 2012. He then retired from the post and assumed the position of the group’s […]
Ukraine’s air force on Monday reported that it shot down two Russian fighter jets during the night along with two cruise missiles and 28 Shahed-type drones. The report said the attacks were aimed at southern and central regions of Ukraine, but that no casualties were immediately known. It said that 31 drones were launched in […]
Adani Enterprises, which had scaled up operations at a breakneck speed over the past few years, will refrain from bidding for new projects till the time the volatility in the market remains, one of its top officials said. “We will not make new commitments till we settle this volatility period,” Jugeshinder Singh, group CFO, Adani […]
Adani Enterprises has called off the Rs 20,000 crore-FPO, the company said in a statement on Wednesday. According to the BSE and NSE filing, the decision was taken after the Board of Directors of Adani Enterprises held a meeting earlier in the day. The step has been taken ‘in the interest of its subscribers,’ Adani […]
By Rajesh Palviya In the Nifty current series, there has been a Long Unwinding witnessed with a decrease in price of (-3.50%) and decrease in OI by (-7.84%) as of Wednesday wherein there was shedding of 8.22 lakh shares in OI, decreasing from 104.84 lakh to 96.62 lakh shares. Nifty current series rollover stands at […]
网站备案号: 粤ICP备16118000号-1