gst council meeting

GST Council extends compliance relief for taxpayers

The GST Council's 43rd meeting continued to provide relief to taxpayers, particularly small taxpayers, who have been disproportionately impacted by the Covid outbreak's second wave. For taxpayers with an annual income of up to Rs 2 crore, FY 2020-21 will be optional. May 29, 2021
India stock market

Equity indices in green, metal stocks fall

On Wednesday, Indian equity indices were in the green, but a drop in metal stocks capped the gains. Titan Company and Sun Pharmaceutical Industries were the top gainers on the Sensex, while Power Grid, Tata Steel, and HDFC Bank were the top losers. May 26, 2021
Xiaomi

Xiaomi no more a Chinese military company, rules US court

After the US government delisted Xiaomi as a "Communist Chinese military company," the Department of Defense officially vacated Xiaomi's designation, removing all restrictions on its citizens purchasing or holding the company's securities. May 26, 2021
sensex

Sensex opens Monday in green, banking stocks rise

The top gainers on the Sensex Monday morning were State Bank of India, Larsen & Toubro and Maruti Suzuki India, while the major losers were Titan Company, UltraTech Cement and Hindustan Unilever. May 24, 2021
market in Bengaluru

India's consumer confidence worsens in May

Consumer trust in India fell further in May as a result of the extreme Covid crisis and the resulting state-wide lockdowns. The government's priority right now is to contain the virus and save lives, so trust in employment and the economy has taken a hit. May 22, 2021