With markets at record levels, FPIs book profit and Pull out Rs 4,515 crore in July so far

With markets at record levels, FPIs book profit and Pull out Rs 4,515 crore in July so far

Foreign portfolio investors (FPIs) have pulled out Rs 4,515 crore from the equities segment in the first half of the month of July as they turn cautious towards the domestic market. “With markets trading near all-time high, FPIs would have.........

 GST to be paid only on margin earned from resale of second-hand jewellery, states AAR

GST to be paid only on margin earned from resale of second-hand jewellery, states AAR

Jewellers will have to pay GST only on the profit earned on resale of the second-hand gold jewellery, Karnataka AAR has ruled. The application to the Authority for Advance Ruling (AAR) was filed by Bengaluru-based Aadhya Gold Private Ltd seeking c...

Are Businesses Ready for Third Wave of Pandemic?

Are Businesses Ready for Third Wave of Pandemic?

As the covid continued show its severity in 2021, government was anxious that industrial slowdown will be a big problem due to covid ‘shutdowns’ and ‘lockdowns’. Although, these govt.-imposed lockdowns and shutdowns prevented the highly...

Role of Market Analyst in steering Business Profits

Role of Market Analyst in steering Business Profits

Several companies work tirelessly to stay ahead of their competition. Occasionally, they do that by investing in new technology

Current Level of Inflation will Continue to Rise for Several Months says RBI

Current Level of Inflation will Continue to Rise for Several Months says RBI

The Reserve Bank of India (RBI) has stated that the tapering of the Covid-19 second wave, combined with an active vaccination campaign

Government Plans to Build ‘Power Bank’ of 4,000 Megawatt to Promote Renewable Energy and Domestic Manufacturing

Government Plans to Build ‘Power Bank’ of 4,000 Megawatt to Promote Renewable Energy and Domestic Manufacturing

The government plans to build a ‘power bank’ of 4,000 MW (megawatt) battery storage for grid operators and discoms, indicating an innovative approach towards promoting renewable energy and encouraging domestic manufacturing in the sunrise,......

Finance ministry releases Rs 75,000 crore to states, first payment for FY22 GST shortfall goes out

Finance ministry releases Rs 75,000 crore to states, first payment for FY22 GST shortfall goes out

The first batch of payment to states and Union Territories amounting to Rs 75,000 crore to meet compensation shortfall under Goods and Services Tax (GST) for financial year 2021-22 was released on Thursday.

RBI Bars Mastercard from Adding New Clients in India

RBI Bars Mastercard from Adding New Clients in India

The multinational card network is barred from adding a new credit, debit or prepaid card customer in India beginning July 22, RBI in its press release statement, adding the order will not affect existing Mastercard customers.

More Unicorns Line Up after the Hit Zomato IPO was Fully Sold on day One

More Unicorns Line Up after the Hit Zomato IPO was Fully Sold on day One

The $1.3 billion IPO of Zomato Ltd. was completely subscribed on the opening day, a vote of confidence in a market where a slew of local entrepreneurs are gearing up to go public.

IFSCA sets up an expert committee to suggest road map for development of longevity finance hub

IFSCA sets up an expert committee to suggest road map for development of longevity finance hub

The International Financial Services Centres Authority (IFSCA) on Wednesday said it has set up an expert committee in order to recommend the road map for the development of Longevity Finance Hub....

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