Suhani Adilabadkar Just a few hours to go for the US Federal Reserve to announce the beginning of its interest rate reduction exercise. The US Federal Reserve has held its benchmark interest rates in the range of 5.25-5.5% since July 2023. The world is watching but not with bated breath. The capital markets have already […]
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Indiatockguru Team Index of Industrial Production (IIP) for the month of July 2024 stood at 4.8% compared to 4.7% in the previous month of June. Computed and published by the Central Statistical Organisation (CSO) every month, IIP exhibits growth in major sectors of the economy, mining, manufacturing and electricity. In July 2024, growth rates of […]
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Indiastockguru Team Finance Minister, Nirmala Sitharaman announced a slew of GST cuts ranging from shared helicopter rides to cancer drugs to namkeens on September 10, 2024. “Namkeens, extruded, expanded savory food items, GST will be reduced prospectively, not retrospectively from 18% to 12%”, said Sitharaman at 54th GST council meet. Stock prices of three major […]
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