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Sensex-Nifty Update: While the Indian stock market has been witnessing a tremendous upward trend for some time now, today the Sensex and Nifty once again touched a new all-time high and made a historical record. The Sensex rose 405.84 points to reach an all-time high of 80392.64. Nifty also touched …
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Possibility of amendment in urban housing scheme in the budget to provide relief to the middle income group
5 mins ago Business The central government is likely to change the criteria and classification rules for the middle-income group who are beneficiaries of the Pradhan Mantri Awas Yojana (Urban) or PMAY-U scheme. It may be announced in the next budget. The government …
Read More »Sensex up 5000 points in 57 days
Ahmedabad: The boom in the Indian stock market is not in anyone's control these days. The market is witnessing a one-sided boom. The benchmark index Sensex crossed 80,000 for the first time in intra-day trade on Wednesday. Along with this, this is the third fastest gain of 5,000 points in …
Read More »PE investments in real estate sector reach three-year high
Mumbai: Private equity (PE) investment in the real estate sector in the country rose to a three-year high of $2.50 billion in the June quarter of the current financial year. PE investment has seen a twenty percent increase in this period of the current year as compared to the June …
Read More »The country's service sector PMI improves in June due to new orders
Mumbai: The country's services sector showed improvement in June after falling to a five-month low in May. The HSBC Purchasing Managers' Index (PMI) for the services sector rose from 60.20 in May to 60.50 in June due to strong growth in new orders and foreign sales. While India's services sector …
Read More »Green energy sector expected to get policy support and tax benefits in the upcoming budget
New Delhi: As the adoption of green energy accelerates in India, the power sector is hoping for more policy support and tax benefits from the upcoming Union Budget. Executives of companies involved in the sector are expecting changes in GST rates and financial support for projects in renewable energy supply …
Read More »Gold increased by Rs 450, silver by Rs 1000
Mumbai: After digesting the shock, gold prices again rose in the Mumbai jewellery market today. On the other hand, silver prices continued to rise. The news from the world market was encouraging. Globally, gold prices rose from 2349 to 2350 dollars per ounce to 2325 to 2356. Due to the …
Read More »Sensex hits 80,000, investor wealth at new peak of Rs 445 lakh crore
Ahmedabad: The BSE Sensex today crossed the intra-day 80,000 mark to hit a new all-time high of 8074 points, led by a fresh rally led by foreign investors on other positive reports, including strong expectations that the newly formed government will introduce stimulus provisions for various sectors in the next …
Read More »Due to heavy buying by FPI, Sensex reached 80074, Nifty reached 24309
MUMBAI: In line with the rally in global markets, among domestic private banking stocks, HDFC Bank led by FIIs holding at 54.83 per cent at the end of June quarter and below the MSCI requirement of 55.5 per cent holding, led by Kotak Mahindra Bank today recorded gains amid a …
Read More »How much do chartered accountants and websites charge for filing returns?
The last date for filing Income Tax Returns (ITR) for the financial year 2023-24 is near. In such a situation, taxpayers should start the process of filing returns as soon as possible. The deadline for filing returns applies mainly to those taxpayers whose accounts are not required to be audited. …
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