#dalalstreet

Here are the 12 measures announced by Finance Minister Nirmala Sitharaman under Atmanirbhar Bharat 3.0 stimulus package

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The Modi government on Thursday announced another financial stimulus package, as a part of Atmanirbhar Bharat 3.0. Finance Minister Nirmala Sitharamana announced 12 new measures under the new Atmanirbhar Bharat 3.0 stimulus package to boost the Indian economy amid the ongoing coronavirus pandemic. The measures announced by the centre are expected to be aimed at sectors worst hit by the … Read more

Nifty touches an all-time high as PM Modi predicts historic win for BJP alliance

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After Prime Minister Narendra Modi predicted a historic win for the BJP in the upcoming election and forecasted record highs for the stock markets on June 4, the benchmark Nifty index crossed the 22,800 mark for the first time during Thursday’s session. The Nifty index reached a new high of 22,852, while the Sensex surged … Read more

While China built high-speed rail track, Indian liberals blocked highways around Delhi: Here is how the economy is a national security issue

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At long last, we hear of a thaw in the bitter India-China standoff that began last April in Eastern Ladakh. If we want, we can breathe a temporary sigh of relief. But how much relief? China remains dominant, untrustworthy and likely to strike at the next possible opportunity. We lost 20 precious lives at the … Read more

Finance Ministry introduces bill to withdraw retrospective tax and refund collected amounts, says the tax is a sore point for investors

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One of the worst legacies of the UPA government carried forward by the Modi government, the provision for Retrospective Tax, is finally set to be buried. The union finance ministry on Thursday informed the Lok Sabha that it is bringing an amendment to the Income Tax Act, 1961 to this effect. The move comes even as the … Read more

BSE Sensex reaches 75,000 for the first time, surges 134 per cent in the last 18 months

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The BSE Sensex on Friday touched an important milestone, breaching the 60,000-mark for the first time ever as the 30-stock benchmark index continues to rally on the back of expanding Covid-19 vaccination coverage, eased restrictions on business activity and the government’s measures to boost the economy. Besides, NIFTY, another benchmark Indian stock market index that represents the weighted average of … Read more

Tata Group Companies led by Tata Motors register an impressive rally on the stock market, share prices rise by up to 20%

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Shares of Tata Group Companies rallied on Wednesday with Tata Motors, Tata Motors DVR, Tata Power, Tata Chemicals and Tata Investment Corporation among companies that saw their share prices rise in the range of 10 to 20 per cent. Titan, Tata Steel and Tinplate were also among the stocks that contributed to the ongoing rally. The surge … Read more

Beauty and fashion unicorn Nykaa subscribed a staggering 82.42 times on final day: Details

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The initial public offering(IPO) of India’s largest omni-channel destination for beauty and personal care, Nykaa, owned by FSN E-Commerce Ventures Ltd, was subscribed 82.42 times on Monday, which was the final day of the bidding of the issue that opened on October 28. The Rs 5,300-crore initial public offering(IPO) of Nykaa received bids for 216.59 crore equity … Read more

Cryptocurrency and India: Busting the myths and conspiracy theories as Govt tables the Bill in winter session

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The Indian government has announced that the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is expected to be tabled in the Winter Session of Parliament. The bill will seek to create a framework for the official digital currency to be issued by the Reserve Bank of India. The bill looks to “prohibit certain private cryptocurrencies … Read more