[ad_1] Market watchers said Union Finance Minister Nirmala Sitharaman’s move to hike long term capital gains (LTCG) tax from 10 per cent to 12.5 per cent will discourage savings and investments. “Just when the stock market has been having a good run for a long time, the news dampened the spirits… It is an unnecessary […]
Centres issuing pollution certificates in Delhi to remain shut as rate hike talks fail | Delhi News
[ad_1] Centres issuing pollution-under-control certificates will remain shut across the national capital after negotiations between the Delhi Petrol Dealers Association and the transport department over increasing the rates for testing vehicles broke down. The association had sent the Delhi government a breakdown of the costs petrol pumps incur while issuing pollution-under-control (PUC) certificates, according to […]
Delhi BJP protests against ‘hike’ in power tariff, AAP hits back | Delhi News
[ad_1] Demanding its immediate rollback, the Delhi BJP on Friday staged a protest against the AAP Delhi government over increased Power Purchase Adjustment Cost (PPAC) fees on electricity. The AAP responded by accusing the BJP of misleading the people of Delhi by “spreading rumors” that electricity prices had been increased through the PPAC. Demonstrators, including […]
NSUI holds protests against fee hike in medical courses | Ahmedabad News
[ad_1] Members of the National Student Union of India (NSUI) — the students’ wing of the Indian National Congress (INC), on Friday staged protests at 13 Gujarat Medical Education and Research Society (GMERS) campuses across the state — against the recent fee hike by the Gujarat government. Earlier this week, MP Shaktisinh Gohil, also the […]
Bombay HC upholds state govt decision to hike lease rents based on ready reckoner rate | Mumbai News
[ad_1] In a relief to the state government, the Bombay High Court on Wednesday held that the state’s decision to fix rents based on the value of ready reckoner (RR) rate for the lands leased by it in Mumbai was ‘reasonable’ and ‘keeping with the times’. It observed that the new method adopted through 2012 […]
Fed: US stocks mostly end lower as markets wait for Fed rate hike
[ad_1] New York: Wall Street shares fell mostly on Tuesday as markets await a key federal Reserve Decided and digested another report showing increased inflation. Major indices opened with marginal gains but weakened thereafter as investors considered the possibility that irrigated The Telegraph will announce a 0.75-cent-point interest rate hike on Wednesday instead of a […]
Cigarette companies: promise to hike prices with higher volumes remains intact
[ad_1] Along with the three major cigarette makers, cigarette companies’ shares have risen over the past month. ITCgodfrey PHILIPS And VST Industries going to record highs. Helped by favorable taxation and increased cost of competing tobacco products, all three stocks have posted strong returns over the past year, outperforming the benchmark Sensex. Unlike previous years, […]
RBI: Nifty earnings have weathered the global storm so far, but can RBI rate hike derail the story?
[ad_1] NEW DELHI: When it comes to earnings, Indian corporates have shown their potential in the last quarter, up nearly 14 per cent year-on-year despite the prolonged war in Ukraine, rising commodity prices and global supply disruptions. registered growth. topline growth nifty The level excluding financials was 9.8 percent quarter-on-quarter and 24 percent on an […]
RBI policy rate hike: RBI’s decision to hike policy rate to help economy in medium term, says Assocham
[ad_1] industry body Assocham said on thursday Reserve BankThe decision to increase the benchmark lending rate by 50 basis points to 4.9 per cent will help the Indian economy in the medium term. The central bank on Wednesday hiked the repo rate for the second time in five weeks. Earlier, it had increased the short-term […]
Sharp hike in prices hit rural demand
[ad_1] The sharp rise in prices of consumer staples has resulted in a sharp decline in consumption in the country’s rural markets. The year-on-year decline of 5.3% in the January-March quarter is the biggest slowdown seen in the last three quarters. Nielsen data shows that rural markets saw higher price growth in the January-March quarter […]