Business

Sensex slips for second day ahead of Fed decision

Domestic equity indices nursed losses for the second straight session on Wednesday as investors stayed on the sidelines ahead of a crucial Fed policy meeting outcome where it is expected to announce tapering of its pandemic-era stimulus measures. The 30-share BSE Sensex ended 257.14 points or 0.43 per cent lower …

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GST Collections Touch ₹ 1.30 Lakh Crore In October

Goods and Service Tax (GST) collections rose to ₹ 1.30 lakh crore in October, the second highest since its implementation in July 2017. The highest-ever GST collection of ₹ 1.41 lakh crore was recorded in April 2021. This is the fourth consecutive time when GST collections have crossed ₹ 1 …

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Paytm Signs Up Over 100 Institutional Investors For IPO

Ant Group-backed fintech firm Paytm said it has allocated shares worth ₹ 8,235 crore ($1.11 billion) to more than 100 institutional investors, including the government of Singapore, ahead of what is expected to be India’s largest stock market listing. Paytm’s offer of up to ₹ 18,300 crore, which was increased …

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Markets To Remain Positive In Samvat 2078, Says Motilal Oswal

The markets are likely to remain positive in Samvat 2078 although there would be ups and downs in between, says Motilal Oswal, Managing Director and CEO of Motilal Oswal Financial Services. The markets gave phenomenal returns in Samvat 2077 as it touched new life time highs with Nifty/Sensex surpassing 18,000/60,000 …

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