Articles for Gains

Sensex jumps 800 points: 3 factors behind today's stock market rally
15 hours, 32 minutes ago

Sensex jumps 800 points: 3 factors behind today's stock market rally

India Today  

Benchmark stock market indices surged sharply in early trade, breaking a week-long losing streak and providing much-needed relief to investors. Stocks such as JSW Steel, ITC, Tech Mahindra, and Wipro also posted notable gains, further supporting the market’s recovery. METAL STOCKS JUMP Metal stocks rose 1.3% after the Directorate General of Trade Remedies initiated a safeguard probe into imports of …

Stocks Market Steel Stock Hdfc Bank Jsw Steel
Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
15 hours, 32 minutes ago

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024

New Indian Express  

NEW DELHI: For the first time since the tariff hike announced by private telecom operators in July 2024, Bharti Airtel added 1.9 million subscribers in October 2024. However, Reliance Jio, India's largest telecom service provider, continued to lose subscribers, with a loss of 3.76 million, while Vodafone Idea Limited lost around 1.97 million customers. Vodafone Idea, India's third-largest telecom operator, …

India Jio 2024 Million Bharti Airtel Vodafone Idea Subscribers
Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
3 days, 4 hours ago

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the U.S. dollar on Friday, on softening of the U.S. dollar index and a potential intervention by the Reserve Bank of India. On Thursday, the rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time …

Fed Rbi Low Rupee Gains 10 Paise Lower Levels
Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade
3 days, 9 hours ago

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade

Deccan Chronicle  

Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. The Dollar Index is expected to remain elevated, with resistance near the 110 level in the near term amid a reduced likelihood of significant Fed rate cuts in 2025. On Thursday, the rupee depreciated …

Rupee Dollar Us Dollar 6 Paise Low Gains
SWTD’s green energy transition gains momentum
4 days, 2 hours ago

SWTD’s green energy transition gains momentum

The Hindu  

The State Water Transport department will introduce more solar-powered vessels with varying passenger capacities as part of its plan to transition 50% of its passenger boat fleet to green energy. “Our plan is to launch two boats by mid-January after obtaining registration from the Ports department and securing Indian Register of Shipping certification,” says Shaji V. Nair, Director, SWTD. “We …

Green Energy Passenger Solar Boat Swtd Transition Gains
Putin boasts of gains in Ukraine at annual news conference meant to reinforce his authority
4 days, 6 hours ago

Putin boasts of gains in Ukraine at annual news conference meant to reinforce his authority

Associated Press  

MOSCOW — President Vladimir Putin boasted that his military operation in Ukraine has strengthened Russia and denied that the ouster of key ally Bashar Assad in Syria had hurt Moscow’s prestige, as he took questions at his annual news conference and call-in show Thursday. Sending troops into Ukraine in 2022 has boosted Russia’s military and economic power, Putin said, adding …

Ukraine Russia Syria West Biden President Russian
Putin boasts of gains in Ukraine at annual news conference meant to reinforce his authority
4 days, 15 hours ago

Putin boasts of gains in Ukraine at annual news conference meant to reinforce his authority

LA Times  

Russian President Vladimir Putin gestures while speaking during his annual news conference and call-in show at Gostinny Dvor in Moscow, Russia, Thursday. President Vladimir Putin boasted that his military operation in Ukraine has strengthened Russia and denied that the ouster of key ally Bashar Assad in Syria had hurt Moscow’s prestige, as he took questions at his annual news conference …

Military Ukraine Russia Syria Air West Biden
Crypto Tax Gets Clarity, ITAT Rules VDAs To Be Recognised As Capital Assets. Check Out New Framework For Profits
6 days, 7 hours ago

Crypto Tax Gets Clarity, ITAT Rules VDAs To Be Recognised As Capital Assets. Check Out New Framework For Profits

ABP News  

The Income Tax Appellate Tribunal in Jodhpur has provided much-needed clarity on the taxation of cryptocurrencies in India. By recognising crypto as capital assets, it provides much-needed relief for investors who sold crypto before 2022, allowing them to benefit from long-term capital gains tax rates. For investors, this means that any profits made from selling cryptocurrencies will now be subject …

India Tax Cryptocurrency Crypto Capital Cryptocurrencies Capital Gains
Top 5 fertilizer stocks to watch out for pre-budget gains
6 days, 9 hours ago

Top 5 fertilizer stocks to watch out for pre-budget gains

Live Mint  

In the upcoming Union budget 2025, the government is anticipated to introduce a populist budget that prioritises rural areas and social welfare. The company's business segments include its own manufactured fertilizers, complex fertilizers, crop protection chemicals and speciality nutrients. The company’s management has indicated a focus on strengthening the core business while exploring new growth avenues, such as contract development …

Business India Stocks Rural Areas Company Crop Chemicals
Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again
6 days, 11 hours ago

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again

Associated Press  

NEW YORK — U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. Nvidia, the superstar stock that’s been a big reason for Wall Street’s run to repeated records this year, fell 1.2% to weigh on the market. Like the overall U.S. market, Nvidia’s stock had climbed so much that critics warned expectations …

Market Interest Rates Stock Fed Rates Nvidia Wall Street
Cryptocurrencies to be taxed as capital gains: Relief for pre-FY23 earnings
6 days, 15 hours ago

Cryptocurrencies to be taxed as capital gains: Relief for pre-FY23 earnings

India Today  

The Income Tax Appellate Tribunal in Jodhpur has clarified how cryptocurrency profits should be taxed in its ruling in Tuesday. TAXATION BEFORE AND AFTER 2022 Pre-2022 transactions: Before the Virtual Digital Assets regulations came into effect in 2022, profits from crypto sales were categorised as capital gains, much like profits from stocks or real estate. Investors holding cryptocurrencies for more …

Tax Crypto Capital Capital Gains 2022 Gains Transactions
Wall Street trims its stellar gains as Nvidia’s star dims again
6 days, 15 hours ago

Wall Street trims its stellar gains as Nvidia’s star dims again

LA Times  

A scooter passes the New York Stock Exchange. The Standard & Poor’s 500 slipped 0.4%, though it’s still near its all-time high set earlier this month. It’s the eighth loss in nine days for the stock, which has dropped more than 12% from its record set last month, as its moon shot momentum slows. The survey’s broadest measure of optimism, …

Interest Rates Stock High Fed Rates Nvidia Wall Street
Ukraine-Russia war map: Where Putin’s forces are making gains in eastern Ukraine
1 week ago

Ukraine-Russia war map: Where Putin’s forces are making gains in eastern Ukraine

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ukraine is battling against a …

Military War Ukraine Russia Russian Ukrainian Russian Forces
Crypto frenzy: With Bitcoin above $100,000, will ‘Hodlers’ have the last laugh?
1 week ago

Crypto frenzy: With Bitcoin above $100,000, will ‘Hodlers’ have the last laugh?

Live Mint  

What is there to say with Bitcoin above $100,000 for those of us who thought $10,000 looked nuts? The flip-side of having no intrinsic value and a decentralized architecture with a huge energy footprint means that nobody uses Bitcoin to buy groceries, though: Only 7% of US consumers hold Bitcoin, and a survey published last month by the UK Financial …

Crypto Bitcoin
What are the tax implications on gifted shares?
1 week, 1 day ago

What are the tax implications on gifted shares?

Live Mint  

I have a few queries regarding income tax on gifting shares. We have responded to your queries accordingly: 1) The gift of shares by A to B is not considered a ‘transfer’ and hence there will be no capital gain tax for A on this transaction. Also, receipt of gift of shares by B won't be taxable in B’s hands …

Gift Capital Gains Tax Capital Fmv Shares B Gifted Shares Tax C
Ukraine dismisses commander overseeing eastern Donetsk region as Russia gains pace
1 week, 2 days ago

Ukraine dismisses commander overseeing eastern Donetsk region as Russia gains pace

Firstpost  

Oleksandr Lutsenko was dismissed from services after Ukrainian forces operating under him failed to deter Russia’s offensive, which has covered large swaths of Ukrainian lands in just a month Ukraine’s military on Saturday fired one of its commanders responsible for overseeing the operations in the eastern Donetsk region after Russia launched a barrage of attacks against Kyiv’s logistics hub. Oleksandr …

Ukraine Russia Russian Ukrainian Forces
Income tax news: How the ESOPs are taxed in India?
1 week, 2 days ago

Income tax news: How the ESOPs are taxed in India?

Live Mint  

My employer offered me an ESOP two years ago when I joined the company. The shares concerning ESOP have tax incidence at two stages in India. Cost for the purpose of ESOP share shall be aggregate of the values of perquisite value taken for TDS purpose and amount if any paid by you, Since the shares being acquired by you …

Tax Shares Tds 24 Months Esop
Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade
1 week, 3 days ago

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the U.S. dollar in early trade on Friday on the back of favourable domestic inflation data. However, a strengthening American currency and volatile domestic equity markets amid foreign fund outflows capped the recovery in the local unit, forex traders said. The latest official …

Low Rupee Dollar Gains 5 Paise
How are the profits from transferring an under-construction property before taking possession taxed?
1 week, 3 days ago

How are the profits from transferring an under-construction property before taking possession taxed?

Live Mint  

I booked a flat for ₹80 lakh in May 2022 and paid ₹70 lakh for the instalment cost. If the transaction goes through before the possession is taken, your profits would be taxed as long-term capital gains as the right in the property was acquired more than two years ago. Capital Gains Tax Explained for Flat Sale After Two Years …

Tax Capital Flat Lakh Possession Two Years Gains
Sensex gains 700 points: 3 reasons behind stock market volatility today
1 week, 3 days ago

Sensex gains 700 points: 3 reasons behind stock market volatility today

India Today  

In what has been a roller coaster ride for the markets, amid a highly volatile trading day, benchmark stock market indices made a stellar rebound, erasing massive losses they incurred in early trade on Friday. "The Indian rupee touched an all-time low against the US dollar on Thursday, driven by persistent foreign investor-led sell-offs in equities and a rise in …

India Market Inflation Indian Stock Sensex Rbi
Forex reserves fall by $3.23 billion; Rupee gains 10 paise
1 week, 3 days ago

Forex reserves fall by $3.23 billion; Rupee gains 10 paise

New Indian Express  

MUMBAI: With the rupee hitting a new low of 84.88 to the dollar last week, the Reserve Bank of India continued selling the greenback, resulting in a further decline in forex reserves by $3.23 billion, bringing them to $654.86 billion for the week ending December 6. According to the weekly statistical supplement released by the central bank on Friday, foreign …

Billion Low Rupee Reserve 10 Paise Paise Forex
Flat sale completed: What is the date of transfer for tax purposes? Is it the date of agreement or receipt of money?
1 week, 4 days ago

Flat sale completed: What is the date of transfer for tax purposes? Is it the date of agreement or receipt of money?

Live Mint  

I have sold my residential flat this month. Property Sale Completed: Key Tax Implications for ₹ 70 Lakh Gains Explained Since the ownership of the property stands transferred on the execution of the sale deed on which the transfer happened. Please note that after the removal of the indexation provision for practically all the purposes from the current year, you …

Tax Property Sale Capital Gains Lakh Deed Section 54
Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China
1 week, 4 days ago

Papua New Guinea gains a team in Australian rugby league in diplomatic push aimed at curbing China

Associated Press  

MELBOURNE, Australia — Papua New Guinea will gain its own team in Australia’s rugby league in a soft diplomacy deal announced Thursday linked to limiting Chinese influence in the South Pacific. China has pursued its own bilateral security pact on policing with Papua New Guinea and with other South Pacific island nations which U.S. allies including Australia fear could undermine …

Australia Rugby League Pacific Deal South Pacific Guinea Papua New Guinea
Sensex, Nifty open higher driven by rise in IT stocks; Tech Mahindra gains 2%
1 week, 4 days ago

Sensex, Nifty open higher driven by rise in IT stocks; Tech Mahindra gains 2%

India Today  

Benchmark stock market indices opened higher on Thursday driven by a rise in IT sector stocks. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the range-bound consolidation construct of the market is set to continue. The top gaining stocks on Nifty50 were Adani Enterprises, which rose 1.91%, Adani Ports increasing 1.84%, Indusind Bank up 1.82%, Tech …

Market Nifty Open Higher