While the retail inflation as measured by the Consumer Price Index (CPI) touched a 16 month high at 4.62% in October, the wholesale price inflation measured by the Wholesale Price Index (WPI) declined to a 40 month low of 0.16%, at the verge of entering the negative territory. The gap between the two is currently the widest in two …
Why gap between WPI and CPI based inflation is digressing Read More »
Stock market Index- NIFTY/SENSEX hit all-time highs over the last month, though the broader markets remain significantly lower. Sensex moved above 40,000 while NIFTY scaled above 12,000 levels partly driven by strong FII flows. September quarter results have been declared over the last month & profits have mostly been on the higher side driven by …
Taxpayers are entitled to claim a tax refund if, during the year, excess tax has been deducted from your income. This may happen if there are multiple incomes. But, you have to apply for a refund while filing your ITR for a particular financial year. Have you filed your income tax return (ITR) for the …
I hope that the new SAMVAT, 2076 turns out to be a very prosperous year for all of us and keeps the market momentum going The festival of lights “Deepavali” will mark the beginning of the trading new year-SAMVAT 2076, with the auspicious Muhurat trading session scheduled to be conducted on 27th October 2019 from …
SAMVAT 2076-Looking for light at the end of the tunnel Read More »
Stock markets have been largely range bound over the last month, though the broader markets have continued with its subdued performance largely due to consistent selling by FPIs. The government has taken several measures to boost the economy, such as corporate tax rate cuts & roll back of tax surcharge, but it has failed to …
Will the festive season bring some cheer to stock markets? Read More »