Category: Stock

For weeks, India’s securities regulator believed Jane Street Group LLC was collaborating on its high-profile market manipulation case. The US firm had asked for more time and documents to prepare for a September hearing. Then, on Wednesday, the trading giant blindsided the authority by filing an appeal. While that was always within Jane Street’s rights, […]

India’s economic landscape is poised for a significant uplift following the government’s recent policy announcements aimed at boosting consumption and reducing GST burdens. Sunil Subramaniam in an interview to ET Now highlighted the wide-ranging impact of these reforms: “This is probably as wide ranging a regulation that we have seen and it is not just […]

Rewriting the market playbook for crores of stock market investors, GST 2.0 has delivered a consumption-driven bombshell that will make several goods and services cheaper, inject growth, boost corporate bottom lines, and, in the process, make equity investors richer. The expected consumption uplift could create a multiplier effect on overall economic growth, potentially strong enough […]

The insurance sector has received a major boost from the government’s latest GST reform, with the tax on insurance premiums reduced from 18% to nil. The move, hailed as a much-needed relief for policyholders, is expected to drive penetration in a sector long criticized for low coverage. Speaking to ET Now, Nilesh Sathe, former Member […]

Donald Trump’s administration urges the US Supreme Court to review tariffs imposed under a 1977 law. A lower court rejected these tariffs. The Justice Department appeals, citing the International Emergency Economic Powers Act. They argue tariffs are vital for peace and defense. Critics say tariffs violate the Constitution. The Supreme Court’s decision could reshape presidential […]

Insurance stocks are expected to be in the spotlight on Thursday after the 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, announced significant tax relief measures for the insurance sector. The council has approved a full GST exemption on all individual life and health insurance policies, slashing the existing 18% tax rate. […]

New Delhi: The proposed merger of Carlyle portfolio companies Sequent Scientific and Viyash Life Sciences has got overwhelming support from shareholders, the company’s management told ET. It secured approval from 99.98% of the former’s public shareholders on August 30. While Sequent is listed, Viyash Life Sciences is privately held. The former is an animal health […]

Asian equities climbed with Wall Street after weak US job openings data reinforced bets on a Federal Reserve interest-rate cut. Shares in Japan, Australia and South Korea gained at the open. Equity-index futures for the S&P 500 and the Nasdaq 100 edged higher after both gauges advanced. Australian bonds tracked Wednesday’s moves in Treasuries, with […]

ET Intelligence Group: Small and mid-cap firms fared poorly during the June quarter results season compared with their large cap counterparts, according to the ETIG analysis of over 3,100 companies. Net profit of small caps continued to slip for the third consecutive quarter, reaching a nine-quarter low growth of 7.5% year-on-year. Profit growth of mid-caps […]

On Wednesday, the benchmark Sensex surged approximately 410 points to close at 80,567. Amid this broad market upswing, eight stocks from the BSE Consumer Discretionary index reached their 52-week highs, marking their highest levels in the past year. Such breakouts are typically viewed by traders and investors as bullish signals, indicating strong momentum and the […]