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This has been driven by India’s Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which is yet to be tabled but is becoming an era-appropriate necessity. Presently, cryptocurrencies are taxed at 30% on the earnings, while a further 1% is deducted from earnings

After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-date

The short-term trend of Nifty seems to have reversed from all-time highs, Nagaraj Shetti of HDFC Securities said. The formation of candle patterns as per daily and weekly charts indicate the possibility of more weakness in the market ahead, he warned.

Yes Bank reports strong Q1 results with standalone net profit surging 47% to Rs 502.43 crore while the interest earned jumped 20% to Rs 7,719.15 crore.

In June, FPIs turned net buyers in Indian equities, investing Rs 26,565 crore, reversing the trend of outflows in April and May. This followed a mixed start to the year, with selling in January, buying in February and March, and then selling again in the following months.

ETMarkets has formed a list of five stocks from the BSE500 that showed consistent price increases throughout the last five sessions.

The analysis involves stocks with a market cap of over Rs 500 crore.

Key industry requests for the VDA tax regime include reducing the TDS rate under Section 194S to 0.01% from the current 1% to boost liquidity and participation. Additionally, raising the threshold limit for tax deduction under Section 194S from Rs 50,000 to Rs 5,00,000 is suggested to foster a more conducive trading environment.

It is expressed as a percentage and provides investors with a measure of the income they can expect from their investment in the stock, independent of any capital gains.

Pearl Global Industries raised Rs 149.50 crore via QIP from investors like HDFC, HSBC, ICICI Prudential, and Goldman Sachs Fund. They issued 20,45,143 shares at Rs 731.00 each, totaling 45,642,367 shares. Funds will support debt repayment, working capital, sustainable products, ESG initiatives, and growth. PGIL operates facilities in India and four other countries.