Today’s global economic landscape is characterized by geopolitical uncertainties, slowing growth, fragmented supply chains, volatile financial markets and relentless technological change. India has demonstrated strong economic resilience in times of crises, turning them into opportunities through reforms. On Monday, Prime Minister Narendra Modi chaired a high-level meeting to discuss the roadmap for India’s next-generation reforms.
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New Delhi, Aug 21 (PTI) A crucial meeting of the GoM of state finance ministers on GST rate rationalisation began on Thursday as they started deliberation on the Centre's proposal to reduce tax slabs to 5 and 18 per cent.
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The Indian stock market stayed in positive territory for the fourth consecutive session on Tuesday, August 19, as GST rationalisation and India’s credit rating upgrade kept investor risk appetite intact.
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Stock market today:The benchmark Nifty 50 Index ended just short of the psychological hurdle of the 25,000 mark. The experts say that one may expect Nifty to move up further in the short term and could reach the upside target of 25300 in the near term. Immediate support is placed at 24850.
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Stocks to buy: Axis Securities' top conviction ideas include Hero MotoCorp and Bajaj Auto in two-wheelers, Ashok Leyland in commercial vehicles, and Mahindra & Mahindra in passenger vehicles and tractors, supported by its strong SUV portfolio and tractor leadership.
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Godfrey Phillips India's stock rebounded 13.5% to ₹10,975 after recent declines. The company's strong quarterly results initially boosted shares, but fears of a 40% GST on sin goods caused volatility. The firm reported significant revenue growth and strengthened partnerships during June quarter.
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The move to regulate online gaming makes sense, but the proposal to ban any game with a monetary dimension is a total mistake.
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Letter to home minister warns The Promotion and Regulation of Online Gaming Bill, 2025, could wipe out a ₹2-trillion sector employing over 200,000 people
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India's online gaming industry faces a potential complete ban as a draft bill is proposed in the Lok Sabha. Mint chalks out the start of online gaming startups in India, key milestones, GST hurdles, state bans and more.
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The Indian stock market faces mixed signals with optimism from GST reforms and S&P upgrades, while challenges arise from tariffs and weak earnings. Experts suggest focusing on value stocks like PSU banks, infrastructure, and energy for long-term gains amid market volatility.
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