The Sensex has amassed 3,511 points or 7.58 per cent in two sessions, and the Nifty has accumulated 1,007.25 points or 7.38 per cent.
Currently, withdrawal from overseas retirement funds by residents is taxable on a receipt basis in such foreign countries and on accrual basis in India, resulting in timing mismatch. A new Section 89A is proposed to be introduced to address this concern.
In an interview with Money9, Rajiv Bajaj shares his views about the Budget and what it holds for the markets and the common man.
Benchmark indices hovered in a narrow range in early afternoon trade. All sectoral indices on the NSE were trading in the green. Shares rallied for the second day as investors cheered Union Budget announcements. Positive global cues also lifted the sentiment. At 12:20 IST, the barometer index, the S&P BSE Sensex, surged 991.18 points or […]
Budget proposals Proposes to award another 8,500 kms and complete an additional 11,000 kms of national highway corridors. More than 13,000 km length of roads, at a cost of Rs 3.3 lakh crores, has already been awarded under the Rs 5.35 lakh crores Bharatmala Pariyojana project of which 3,800 kms have been constructed. Proposes 3,500 […]
Marico Ltd is quoting at Rs 425.5, up 2.05% on the day as on 12:49 IST on the NSE. The stock is up 38.78% in last one year as compared to a 24.25% spurt in NIFTY and a 10.77% spurt in the Nifty FMCG
Bharat Forge Ltd is quoting at Rs 630, up 2.73% on the day as on 12:49 IST on the NSE. The stock is up 28.98% in last one year as compared to a 24.25% jump in NIFTY and a 31.77% jump in the Nifty Auto
The acceptance of higher deficit and restoring systems to normal is the first step to any economic recovery.
HDFC Bank Ltd is quoting at Rs 1558.9, up 5.56% on the day as on 12:49 IST on the NSE. The stock is up 30.69% in last one year as compared to a 24.25% spurt in NIFTY and a 12.75% spurt in the Nifty Bank