Foreign Institutional Investors (FIIs) have continued to pare their exposure to Indian equities in September, offloading shares worth Rs 10,782 crore so far. Nifty has remained unbeaten for eight successive sessions despite this sell-off. On Friday, FIIs were net buyers at Rs 129.6 crore while the domestic institutional investors (DIIs) were net buyers at Rs … Read more
Mumbai: India’s stock indices ended marginally higher on Thursday, giving up most of the early gains that were fuelled by the overhaul of the country’s goods and services tax (GST) late Wednesday. The indirect tax revamp is aimed at boosting consumption and simplifying compliance to boost growth and cushion the economy from the impact of … Read more
Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that a reduction in goods and services tax (GST) can be expected. She stated that the GST Council is currently working on streamlining the rate slabs for Goods and Services Tax. Additionally, the finance minister highlighted that there has been a significant decrease in GST … Read more