Weekend Wrap: From Blue Jet Healthcare listing to Honasa IPO, top news and market movers this week – 03 November, 2023

Weekend Wrap: From Blue Jet Healthcare listing to Honasa IPO, top news and market movers this week – 03 November, 2023

Top News GST collections stood at ₹1.72 lakh crore for October 2023, a jump of 11% compared to the same month last year. UPI recorded an all-time high of 11.41 billion transactions amounting ₹17.16 trillion in October 2023, reporting an 8% jump in volume from the previous month. India’s foreign exchange reserves (Forex) increased by … Read more

6 things that changed for the stock market overnight – Gift Nifty to US Fed policy outcome

6 things that changed for the stock market overnight – Gift Nifty to US Fed policy outcome

The Indian stock market indices, Nifty 50 and Sensex, are likely to open higher on Thursday following strong global cues. The Asian markets traded in the green, while the US stocks ended sharply higher overnight after the US Federal Reserve kept interest rates unchanged. Hopes that the US central bank is done with rate hikes … Read more

GST on Online Gaming: 28% Tax Likely on Online Gaming, Casinos From October 1

GST on Online Gaming: 28% Tax Likely on Online Gaming, Casinos From October 1

Finance minister Nirmala Sitharaman announced on Wednesday that a 28% tax on online gaming and casinos to become effective from October 1. “It is also decided that this decision will be reviewed after six months after it is implemented. When I say six months, it does not mean starting from today, it begins after when … Read more