News

Indian Market News

Next week, several equities will become ex-dividend; details can be found here.

/

Market observers should be aware of continuing business statements concerning interim dividend and stock splits prior to the start of the stock market the following week. Regarding the interim dividends declared by the firms, Hindustan Zinc, SBI Cards and Payment Services, Crisil Ltd, Angle One Ltd, and Indraprastha Gas Ltd will trade ex-dividend the next […]

Next week, several equities will become ex-dividend; details can be found here. Read More »

Lok Sabha Passes Finance Bill With 64 Official Amendments

/

The Finance Bill 2023 was approved by the Lok Sabha on Friday with 64 official amendments, two of which call for the creation of the GST Appellate Tribunal and the elimination of long-term tax incentives for specific categories of debt mutual funds. Without discussion, the Finance Bill, which implements tax measures for the fiscal year

Lok Sabha Passes Finance Bill With 64 Official Amendments Read More »

FM Proposes Panel To Look Into Issues Related To Govt Employees’ Pension

/

On Friday, Nirmala Sitharaman, the minister of finance, suggested forming a committee to investigate the problems with pensions for public employees and develop a strategy to meet their needs while exercising budgetary restraint. The minister further stated that the RBI will look into the concerns connected to credit card payments for international visits not being

FM Proposes Panel To Look Into Issues Related To Govt Employees’ Pension Read More »

Eicher Motors vs Hero MotoCorp vs TVS Motor shares: Which auto stock can give better returns?

/

In the past year, investors have received gains of 73% and 24% from Eicher Motors and TVS Motor Company, respectively, while shares of Hero MotoCorp have fallen 3%. Have these auto stocks been added to your portfolio? Look at the assessments made on Eicher Motors, TVS Motor, and Hero MotoCorp by brokerages: Shares of Eicher

Eicher Motors vs Hero MotoCorp vs TVS Motor shares: Which auto stock can give better returns? Read More »

LIC Plans To Cap Investment Exposure Following Adani Share Rout: Report

/

The government-run Life Insurance Corporation of India (LIC) is seeking to set limitations on its debt and equity exposure to businesses in an effort to decrease risk concentration in response to criticism of its investments in Adani group companies, according to sources. After the Adani group’s worth fell by over $100 billion as a result

LIC Plans To Cap Investment Exposure Following Adani Share Rout: Report Read More »

Sensex, Nifty fall nearly 1% each on STT hike, other concerns

/

The government increased the securities transaction tax (STT) on futures and options contracts, along with other revisions in the Finance Bill 2023, causing the Indian shares to extend losses for the third week in a row amid volatility and widespread selling. The Nifty 50 index fell 131.90 points, or 0.77 percent, to settle at 16,945.05,

Sensex, Nifty fall nearly 1% each on STT hike, other concerns Read More »

Credit Card Debt Is At Record High As Fed Raises Rates Again

/

Credit card debt has already reached a record high, and more people are carrying debt from month to month as the Federal Reserve raises interest rates once more. Increased interest rates by the Fed are intended to combat inflation, but they have also resulted in increased annual percentage rates (APRs), which means those who have

Credit Card Debt Is At Record High As Fed Raises Rates Again Read More »

MSCI review: HAL, Ashok Leyland to be added to India Standard Index; shares rise

/

As part of its semi-annual review, which will be unveiled on May 11, 2023, global index services provider MSCI (Morgan Stanley Capital International) may include two possible India equities in its Standard Index. According to brokerage Emkay, both Ashok Leyland and Hindustan Aeronautics meet the size and liquidity requirements through 23 March 2023, and it

MSCI review: HAL, Ashok Leyland to be added to India Standard Index; shares rise Read More »

US Fed Raises Interest Rates Once Again, Dow Drops 500 Points, and Asia Opens Down

/

The benchmark federal funds rate was once again increased by the US Federal Reserve by 25 basis points, as was widely expected. The Fed also said that the rate increases may be coming to an end and that there may only be one more increase of 25 basis points maximum. The Dow Jones Industrial Average

US Fed Raises Interest Rates Once Again, Dow Drops 500 Points, and Asia Opens Down Read More »

Scroll to Top