Category: Stock

Trump pushes Supreme Court to save sweeping tariffs

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 […]

HDFC Life, LIC, other insurance stocks in focus as GST Council announces tax exemption for life and health policies

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. […]

Sequent Scientific merger: Sequent and Viyash Life merger plan gets shareholder approval

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 […]

India large cap companies: Small and mid-cap firms lag behind large caps in Q1 earnings show

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 […]

Maruti Suzuki among 8 consumer discretionary stocks that hit 52-week high; rally up to 35% in a month – Performance Tracker

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 […]

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