- 06 Jun 2023 05:21 PM
- New
Day trading guide for today: Six buy or sell stocks for Tuesday — June 6
Day trading guide for today: Following strong global market sentiments, Indian stocks ended higher for second straight session. However, key benchmark indices remained range-bound as investors were cautious ahead of the three days Reserve Bank of India or RBI MPC meeting (Monetary Policy Committee meeting), which is going to begin today. 50-stock index Nifty ended 59 points higher at 18,593 while 30-stock index BSE Sensex finished 240 points up at 62,787 levels. Bank Nifty index gained 1163 points and closed at 44,101 mark. In broad market, mid-cap index gained 0.29 per cent whereas small-cap index surged 0.51 per cent on Monday.
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- 06 Jun 2023 05:09 PM
- New
TCS to HCL Tech: Why you should buy IT stocks before RBI MPC meeting outcome
Stocks to buy today: Experts have recommended TCS, Birlasoft, LTIMindtree, HCL Tech and Infosys shares for long term investors
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- 05 Jun 2023 05:38 PM
- New
How to tweak your stock portfolio ahead of RBI MPC meeting — explained
Stock market investors and observers are eagerly awaiting for the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting, which is scheduled from 6th to 8th June 2023. Amid US Fed's rate hike jitters aiding US dollar to climb and sustain at two months high, the RBI MPC meeting outcome would be highly important for both FIIs and DIIs as it would give more clear picture about the Indian economy in medium to long term perspective.
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- 03 Jun 2023 01:50 PM
India not just emerging power but resurgent force under PM Modi: Rajnath Singh
Indian Defence Minister Rajnath Singh highlights India's resurgence under PM Modi's leadership, with efforts to strengthen the economy and military capabilities. Singh emphasizes the government's commitment to developing a strong, young, and technologically advanced armed forces, eliminating a colonial mindset, and achieving self-reliance. He also cites government reforms aimed at facilitating economic growth, including direct tax reforms and the implementation of Goods and Services Tax (GST). Singh envisions an India where citizens take pride in their culture, uphold democratic values, and contribute to global peace.
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- 02 Jun 2023 04:52 PM
India’s GST Revenue for May 2023 Surpasses ₹1.57 Lakh Crore
Source: https://taxguru.in/goods-and-service-tax/indias-gst-revenue-may-2023-surpasses-1-57-lakh-crore.html
The gross GST revenue collected for May 2023 in India amounted to ₹1,57,090 crore, representing a 12% year-on-year growth compared to May 2022. This marks the 14th consecutive month with GST revenues exceeding ₹1.4 lakh crore and the 5th time crossing ₹1.5 lakh crore since the implementation of GST.
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- 02 Jun 2023 04:37 PM
GST collections rise 12% to ₹1.57 lakh crore in May
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which Central GST is ₹28,411 crore, State GST is ₹35,828 crore, Integrated GST is ₹81,363 crore
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- 02 Jun 2023 04:41 PM
Despite windfall tax on oil, excise duty receipts contract in FY23
Revenue collection from consumption, or GST, has shown a 20% jump year-on-year in FY23 while customs duty has improved by close to 7%
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- 02 Jun 2023 04:44 PM
Centre, states collect ₹1.57 trillion in GST in May
This is lower than the historic GST collection of ₹1.87 trillion reported in April but is in line with the trend of robust GST revenue receipts
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- 02 Jun 2023 04:49 PM
Stock market likely to get a macro boost; which sectors should you bet on?
This could be one of the most opportune times to bet on the Indian market. The sentiment is bullish due to strong foreign fund flows, impressive quarterly results by India Inc., strong macroeconomic numbers and market-friendly economic policies.
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- 02 Jun 2023 04:46 PM
May GST haul swells 12% to ₹1.57 trillion
New Delhi: Central and state governments collected ₹1.57 trillion in Goods and Services Tax (GST) in May, 12% more than what they netted from the indirect tax a year ago, the finance ministry said on Thursday.
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