Oil holds drop on OPEC+ supply concerns and signs of US slowdown
West Texas Intermediate traded near $63 a barrel, after global benchmark Brent closed below $68.
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Dow Jones recovers 200 points from lows in the final 30 minutes of trade; Alphabet hits record high
Post the job openings data, the probability of a 25 basis points rate cut by the US Federal Reserve at its upcoming policy meeting on September 16-17, increased to 97%, according to the CME FedWatch tool.
HDFC Life, SBI Life, LIC other insurance stocks in focus after GST exemption on policies
With the reinsurance exemption and inverted duty structure still not fixed, policies will get cheaper for a policyholder by close to 15% if all the benefits are being passed on. However, every policy will increase the cost for insurers by…
Sensex Today | Stock Market Live Updates: Nifty bulls aim to push recovery further after GST announcements
Stock Market Live Updates: Today is the first weekly expiry of the BSE contracts after the new rules took effect. However, that could take a backseat as most of the focus will be on the GST rate rationalisation announcements made…
Fertiliser, auto, cement and more: Stocks to watch after GST Council clears 2-slab structure
The GST Council’s new two-slab structure under “GST 2.0” is set to reshape consumption trends and drive stock market opportunities. Sectors like fertilisers, renewable energy, textiles, and apparel are among the key beneficiaries of lower tax rates.
Stocks to Watch: Maruti Suzuki, Tata Motors, insurance, cement, FMCG and more
Stocks in focus today include Swiggy, which hiked its platform fee to ₹15 per order, BHEL after a ₹2,600 crore equipment order, and Poly Medicure on its ₹188 crore overseas acquisition. RailTel, UCO Bank, Religare, and Muthoot Microfin also announced…
Gold, silver to continue at 3% GST as Council leaves rates unchanged
With this decision, gold and silver continue to attract a 3% GST on value and a 5% GST on jewelry making charges. The decision provides clarity for bullion and jewelry traders ahead of the festive season.
Aditya Vision’s Chairman Yashovardhan Sinha sells 5% stake worth ₹300 crore
According to exchange data, Sinha sold 32.6 lakh shares on the BSE at an average price of ₹460.37 and an equal quantity on the NSE at ₹461.04.
Prestige Estates arm gets ₹161-crore GST show-cause notice in Hyderabad
The show-cause notice alleges non-payment or short-payment of goods & services tax and non-reversal of input tax credit during February 2020-March 2024. Shares of Prestige Estates Projects Limited ended at ₹1,588.70, up by ₹23.10 or 1.48%, on the BSE today,…
ITC commits ₹20,000-crore capex in FMCG, agri biz push amid GST 2.0 optimism
In an exclusive interaction with CNBC-TV18, ITC Chairman Sanjiv Puri shared that the diversified conglomerate has committed ₹20,000 crore in fresh capex, with a sharp focus on expanding its FMCG, agriculture and paperboard operations. Puri, however, cautioned against higher levies…