LTCG Tax Hike in Budget 2024: Setback for Equity Investors

The Union Budget 2024 delivered a significant blow to equity investors with the introduction of a higher Long-Term Capital Gains (LTCG tax )rate. This move has sparked widespread debate and concern among investors and market experts. What is LTCG Tax Long-Term Capital Gains (LTCG) refers to the profit

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Budget 2024: A Comprehensive Overview

The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, outlines significant fiscal policies and reforms aimed at bolstering the Indian economy. This budget is pivotal as it sets the course for India’s economic strategy amid global uncertainties and aims to position India for sustainable growth. Here are

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Reliance Q1 Results: A Mixed Bag with Retail Shining Bright

Reliance Industries Limited (RIL) reported mixed results for the first quarter of FY25. The Reliance Q1 Results showed a consolidated net profit dip of 5.4% YoY to ₹15,138 crore, which was largely in line with analyst expectations. This decline can be attributed to the weakness in the company’s

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SpiceJet: From Budget Airline Leader to Financial Turbulence

SpiceJet, a once-dominant budget airline in India, has hit a rough patch. Recent earnings reports paint a concerning picture, with mounting losses and questions about the airline’s ability to stay afloat. A Trail of Red Ink SpiceJet’s financial woes are a cause for serious concern. The airline recently

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Muharram 2024: A Guide to Ashura, Its Significance

Muharram, the first month of the Islamic calendar, holds immense significance for Muslims worldwide. In 2024, It began on the evening of July 7th and concludes on July 17th. The tenth day of Muharram, known as Ashura, is a particularly important date observed by both Sunni and Shia

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SEBI Appoints BSE to Oversee RAs and IAs

In a significant move for India’s capital markets, the Securities and Exchange Board of India (SEBI) has recognized the Bombay Stock Exchange (BSE) as the supervisory body for research analysts and investment advisors. This decision, effective July 25, 2024, marks a shift in the regulatory landscape and is

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Ambani Wedding: The Big Fat Indian Wedding Extravaganza

The much-anticipated wedding of Anant Ambani, youngest son of India’s richest man Mukesh Ambani, and Radhika Merchant is finally happening today, July 12th, 2024! This isn’t just a wedding; it’s a multi-day extravaganza that has captivated the nation’s attention. A Fairytale Romance Anant and Radhika’s love story goes

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Indian 2: A Mixed Bag of Legacy and Disappointment

The wait is finally over! After years of production delays and legal troubles, Shankar’s magnum opus, Indian 2, starring the legendary Kamal Haasan, has arrived. But has the sequel lived up to the sky-high expectations set by its iconic predecessor? Let’s delve into the critical reception and see

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Tripura Drug Abuse: A Devastating Intersection with HIV Outbreak

Tripura drug abuse crisis has taken a shocking turn with a devastating outbreak of HIV among its student population. While HIV can be transmitted through various means, the primary driver in this case has been identified as injectable drug use. This crisis exposes a hidden vulnerability – drug

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Shalby Q1 Results: Mixed Bag with Revenue Growth

The recently released Shalby Q1 Results for FY 2025 (April-June 2024) paint a mixed picture for the Indian healthcare chain. While the report showed positive signs in terms of revenue growth, a decline in profits dampened investor sentiment. Let’s delve deeper into the details. Revenue Growth On the

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