Analysts indicate that if Nifty falls below 23,500, it would confirm a sell-on-rise approach. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Friday. While BSE Sensex was above 77,800, Nifty50 was above 23,550. At 9:17 AM, BSE Sensex was trading at 77,805.08, up 185 points or…
Motilal Oswal Financial Services has a ‘buy’ recommendation on Page Industries (which is also its top pick for 2025) with a target price of Rs 57,500 (+21%). Analysts believe the company is well-positioned to capitalise on India’s growing innerwear and athleisure markets, aided by favourable macroeconomic trends such as rising incomes, urbanisation, and a young…
<p>AICC spokesman Pawan Khera in Jaipur called GST as “Gabbar Sitharaman Tax”, even as he called PM Narendra Modi “the biggest coward”.<br></p> NEW DELHI: Ahead of the Union budget, Congress mounted an attack on GST, with party chief Malllikarjun Kharge mocking it as “Gabbar Singh Tax” and “Give Sitharaman Tax”, even as Sachin Pilot demanded…
NEW DELHI: Industrialist Harsh Goenka on Thursday took a dig at L&T chairman’s 90-hour work week remark saying the ‘day off’ should be made a ‘mythical concept’.“90 hours a week? Why not rename Sunday to ‘Sun-duty’ and make ‘day off’ a mythical concept!” he said on X while sharing a video of Larsen & Toubro…
The IT giant’s revenue reached Rs 63,973 crore in Q3FY25, showing a 5.6% growth from Rs 60,583 crore. (AI image) TCS Q3 results FY25: Tata Consultancy Services (TCS) announced on Thursday its consolidated net profit for the December quarter increased by 12% to Rs 12,380 crore, compared to Rs 11,058 crore in the previous year’s…
SN Subrahmanyan can be seen advocating for working Sundays. After Infosys’ Narayana Murthy’s 70-hour work week controversy, Larsen & Toubro (L&T) Chairman SN Subrahmanyan has stirred a fresh debate on work-life balance with his advocacy of 90 hour work weeks. In an undated video, which is going viral on social media, SN Subrahmanyan can be…
The Income Tax Act, 1961’s old tax regime provides various tax exemptions and deductions. (AI image) Income Tax Filing FY 2024-25: Employers are currently requesting salaried employees to provide documentation of tax-saving investments and expenses if they wish to reduce their tax liability. These documents are essential to prevent complete tax deduction at source (TDS)…
Budget 2025: EY has also recommended that the government reduce income tax rates. (AI image) Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should consider raising the basic exemption limit from Rs 3 lakh to Rs 5 lakh under the new tax regime, says EY in its pre-Budget 2025 recommendations.EY, a leading consultancy firm…
Despite India’s impressive 25% annualised growth in recent years, HSBC considers this rate unsustainable. (AI image) HSBC has revised its stance on India to ‘Neutral’ from ‘overweight’. It has also set a BSE Sensex target of Rs 85,990 for 2025, citing reduced corporate profits and high valuations as primary concerns.Despite India’s impressive 25% annualised growth…
Breaking above 23,800 could signal an upward movement, with support at 23,496, according to Nagaraj Shetti of HDFC Securities. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Thursday. While BSE Sensex was below the 78,000 mark, Nifty50 was below 23,650. At 9:16 AM, BSE Sensex…
