Indian stock market: Is it wise to start accumulating stocks despite an escalation in India-Pakistan conflict? EXPLAINED
  • 05 May 2025 06:45 PM
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Indian stock market: Is it wise to start accumulating stocks despite an escalation in India-Pakistan conflict? EXPLAINED

Source: https://www.livemint.com/market/stock-market-news/indian-stock-market-is-it-wise-to-start-accumulating-stocks-despite-an-escalation-in-india-pakistan-conflict-explained-11746415097828.html

Indian stock benchmarks Sensex and Nifty 50 ended higher on May 5, driven by positive global cues and expectations of a US-China trade deal. The Sensex closed with a gain of 295 points, or 0.37 per cent, at 80,796.84, while the Nifty 50 settled at 24,461.15, up 114 points, or 0.47 per cent.

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Mint Quick Edit | India’s GST peak is reassuring
  • 03 May 2025 06:30 PM
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Mint Quick Edit | India’s GST peak is reassuring

Source: https://www.livemint.com/opinion/online-views/india-gst-revenue-april-2025-record-collection-economy-tax-growth-fiscal-performance-trade-impact-global-uncertainty-11746114589749.html

At ₹2.37 trillion in April, the country’s goods and services tax (GST) revenue is not just the highest ever, it’s 13% higher than the previous peak achieved last April. What does this tell us about how the economy is doing?

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Arvind Shrivastava takes charge as revenue secretary
  • 03 May 2025 06:49 PM
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Arvind Shrivastava takes charge as revenue secretary

Source: https://www.livemint.com/news/india/arvind-shrivastava-takes-charge-as-revenue-secretary-11746105502995.html

Shrivastava will play a key role in shaping proposals for GST Council meetings in coordination with state governments.

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Athletics-US sprinter Kerley to miss Grand Slam Track meet after arrest for battery
  • 03 May 2025 06:51 PM

Athletics-US sprinter Kerley to miss Grand Slam Track meet after arrest for battery

Source: https://www.livemint.com/sports/news/athleticsus-sprinter-kerley-to-miss-grand-slam-track-meet-after-arrest-for-battery-11746211135285.html

(Reuters) -Twice Olympic 100 metres medallist Fred Kerley has been arrested for allegedly punching hurdler and ex-girlfriend Alaysha Johnson in the face, police said on Friday, and, as a result, he will not compete in the Grand Slam Track event in Miami this weekend.

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Here's how NRIs can save up to 18% GST on insurance premiums
  • 01 May 2025 06:17 PM

Here's how NRIs can save up to 18% GST on insurance premiums

Source: https://www.livemint.com/money/personal-finance/nri-gst-refund-insurance-gst-exemption-nri-insurance-insurance-gst-india-nri-igst-act-nri-insurance-nre-account-11746091904719.html

Insurance attracts Goods and Services Tax (GST), which increases its price by up to 18%. However, non-resident Indians (NRIs) can save on GST in their insurance premiums.

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GST collection rises 12.6% to highest-ever of ₹2.37 lakh crore in April 2025
  • 01 May 2025 06:15 PM

GST collection rises 12.6% to highest-ever of ₹2.37 lakh crore in April 2025

Source: https://www.livemint.com/economy/gst-collection-rises-12-6-to-highest-ever-of-rs-2-37-lakh-crore-in-april-2025-11746093117740.html

India's GST revenue from domestic transactions rose 10.7 per cent to about ₹1.9 lakh crore, while revenue from imported goods was up 20.8 per cent to ₹46,913 crore.

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Carney’s election win in Canada can actually be called historic
  • 30 Apr 2025 06:30 PM

Carney’s election win in Canada can actually be called historic

Source: https://www.livemint.com/opinion/online-views/mark-carney-liberal-party-victory-pierre-poilievre-donald-trump-impact-us-canada-relations-inflation-crisis-housing-11745994069627.html

Mark Carney’s Liberal Party victory in Canada’s federal elections may well be remembered as one of the biggest political turnarounds in electoral history. A year ago, Canada’s political landscape seemed to favour the Conservative Party, led by Pierre Poilievre. The seat tally in Canada’s House of Commons gives the Liberals a fourth consecutive term in power, as they’re within a whisker of the 172-seat majority mark, with the Conservatives lagging by two-dozen seats.

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Indian economy showing resilience amid global uncertainties, says finance ministry
  • 29 Apr 2025 06:15 PM

Indian economy showing resilience amid global uncertainties, says finance ministry

Source: https://www.livemint.com/economy/finance-ministry-economic-review-indian-economy-fy25-review-india-gdp-growth-forecast-retail-inflation-india-gst-11745927040480.html

The ministry added in its latest economic review that the private sector and policymakers must be mindful of global risks and act urgently to prevent uncertainty from dampening momentum.

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Akshaya Tritiya 2025: Looking to buy gold on auspicious day? See if Dubai or India gives you better rates
  • 29 Apr 2025 06:13 PM

Akshaya Tritiya 2025: Looking to buy gold on auspicious day? See if Dubai or India gives you better rates

Source: https://www.livemint.com/money/personal-finance/akshaya-tritiya-buy-gold-auspicious-day-prices-dubai-cost-india-cheaper-compare-better-rates-money-investing-gst-customs-11745828804184.html

As we near the auspicious day of Akshaya Tritiya, you may be considering buying gold on the occasion. Check here to compare gold prices in Dubai and India to see which gives you better rates after GST and customs duty is added.

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Chartering the troubled waters of accommodation services under GST
  • 28 Apr 2025 05:51 PM

Chartering the troubled waters of accommodation services under GST

Source: https://www.livemint.com/money/accommodation-services-gst-relief-tax-exemption-paying-guest-service-apartments-11745817241610.html

Until last year, the hospitality and rental sectors benefitted from a broad tax exemption on renting residential dwellings. However, with effect from 15 July 2024, a separate conditional exemption was carved out for accommodation services, relieving these from the levy of goods and services tax, or GST.

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